Research On Internal Control Of Purchasing And Payment Cycle For L Company

Under the trend of economic globalization,the enterprise and the outside world contact more closely,the world economic environment brings more far-reaching impact on the enterprise.Facing the changing market environment and the increasingly fierce market competition,enterprises need a set of perfect fitting the development of enterprise internal control system to identify and avoid risk,improve the management efficiency?Procurement is the beginning of enterprise management,anything went wrong will affect the anticipated target of the enterprise procurement,it makes the enterprise procurement activities face many risks.Along with the social economic environment and the unceasing change of enterprise development status,the procurement and payment business faced with new challenges.How to improve the efficiency of procurement,save procurement costs,optimize the procurement process,is worth us thinking and studying.This article combined with the internal control theory research results at home and abroad,analyzes the problems of L company in purchasing and payment internal control process,finds out suitable measures and suggestions for the L company purchasing and payment internal control.This article consists of five parts,the 1st part introduces the research background and research significance of this article,summarized the research contents and methods of this article..The 2nd part introduces the theoretical basis of the control theory and the principal-agent theory,which provides theoretical support for the analysis of L company internal control of procurement and payment.Later introduces the objectives and key control points of purchase and payment internal.The 3rd part introduces L company's organizational structure,the speciality of glasses industry,L company's purchasing and payment process was introduced in detail.The 4th part to find out the existing deficiencies in purchasing and payment control environment flow,and analyzes its reasons.The 5th part,in view of the above to find out the company procurement and the weakness of payment procedure,from the control environment,control activities,information and communication,control and evaluation,the improvement of the internal supervision and puts forward corresponding countermeasures and suggestions.Through the study of this article,hoping to optimize the L company purchasing and payment internal control system,reduce the risk,and the similar enterprise purchasing and payment control has certain reference significance.