Research On The Improvement Of Internal Control Of Sales And Collections Of Gansu Jingyuan Coal Electricity Co., Ltd.

With the continuous development of the internal control of enterprises in our country,The role of internal control in enterprise risk management is becoming increasingly prominent.In recent years,The trend of clean and low carbonization of energy structure is obvious,Coal industry is the basic industry of China’s national economy,Coal is still the most important energy source in China in the short term.But under the background of national industrial structure adjustment and capacity development.The development of coal enterprises faces new challenges,Coal energy companies have entered a critical period of transition.Sales and collections as an important link closely related to corporate profits.In the process of production and operation of the enterprise,it has a great influence on the survival and development of the enterprise.It is also the most vulnerable part of the company in the transition phase.Therefore,it is very important to establish a good internal control system to prevent the risks from sales and collections.Jingyuan Coal Industry and Electricity Power Co.,Ltd is located in pingchuan district,baiyin city,Gansu province,It is an enterprise dominated by coal production and sales,Its main business income is mainly based on coal sales.By the end of 2016,It was discovered that the company still has some problems and defects in the design and implementation of the internal control of coal sales and collections by investigation.For example,the supervision and audit department is not well-organized,the contract is not strictly approved,and the lack of customer credit management and the improper management of accounts receivable need to be further improved.This article reviews the relevant research literature on internal control of sales and collections at home and abroad.Based on this,it elaborates the research ideas and the framework of the article.First introduced the relevant concepts and theoretical basis,through the induction of the internal control related processes and key control points for sales and collections,for the subsequent chapters to determine whether there are any unreasonable places in the sales and collections of Jingyuan Coal Power Company,and whether there is any improvement in the internal control.Research provides a theoretical basis.The basic situation of Jingyuan coal-fired power was briefly introduced,and the key links and key control points of the company’s sales and collection procedures were summarized at the current stage,and a series of investigations and studies were conducted on the actual implementation of the situation to analyze the issues below.Foreshadowing,under the framework of the five elements of internal control,according to the status quo of the internal control of coal sales and collection of Jingyuan Coal and Electricity Company,analyze the problems in the process of design and implementation,and try to detail each issue.Analysis;Finally,according to the actual situation of Jingyuan Coal & Electricity Co.,Ltd.,according to the actual situation of Jingyuan Coal-fired Power Company,combined with the relevant theories of internal control and the requirements of China’s internal control regulations,the company proposes targeted improvement suggestions for the problems existing in the company.The research in this article is beneficial to improve the internal control of the sales and collection of Gansu Jingyuan Coal Co.,Ltd.It can improve the level of business management,strengthen the control and prevention of sales and collection risks,and can improve the economic efficiency of enterprises for long-term business Sustainable development has positive significance.Meanwhile,through the research and analysis of the company,the improvement of the internal control system of the sales and collection of other enterprises in the same industry has a reference and reference significance.