Study On The Internal Control System Of Fuxin Jinshan Gangue Thermal Power Co.,Ltd

In order to meet the requirements of the regulatory agency such as the Ministry of finance,the Securities Regulatory Commission,the SASAC and the Shanghai stock exchange,and continuously improve the capacity of the business internal control,Fuxin Jinshan Gangue Thermal Power Co.,Ltd.formally established their internal control system in November 2013.However,because of the short time of the establishment of internal control system,there are many problems in the internal environment,risk prevention and control,internal supervision and assessment in Fuxin Jinshan Gangue Thermal Power Co.,Ltd.Therefore,it is necessary to make a diagnosis of the internal control system of Fuxin Jinshan Gangue Thermal Power Co.,Ltd,so as to find out the existing problems of their internal control system and put forward some pertinent solutions.This present study was based on the theoretical of the internal control framework of COSO enterprises in the United States and with the "basic norms of internal control" as the guide.The design and operation of the internal control system of Fuxin Jinshan Gangue Thermal Power Co.,Ltd.were comprehensively diagnosed and analyzed by the method of questionnaire and interview through referencing related literatures of domestic and foreign researches.It is considered that there are many problems in the internal control system of Fuxin Jinshan Gangue Thermal Power Co.,Ltd.,such as the unseparation of decision-making power and execution power,the imperfect risk prevention and control mechanism,the unsound mechanism of budget control and risk early warning,and the unclear role of the diagnosis and evaluation system.On the basis of analyzing the operation and management status of Fuxin Jinshan Gangue Thermal Power Co.,Ltd.,the measures of strengthening the internal control system are put forward from the aspects of optimizing the control environment,improving the risk control system,strengthening the fund management and project management,promoting the information communication within the enterprise,and attaching importance to the construction of the internal supervision system.