Research On The Internal Control Defects Identification And Disclosu Re Of H Co.,Ltd.

Establishing normative internal control is a necessary factor for the enterprises to continue to operate well.Disclosing internal control information truthfully is the requirement of the regulators,is also the enterprises’ social responsibility and the basis of investors’decision-making.China’s regulatory rules require enterprises to disclose internal control self-evaluation reports and internal control audit reports every year.Although the proportion of Companies in China to disclose internal control information is increasing year by year,there are still some problems such as insufficient usefulness of information disclosure,confusion in identifying categories and grades of internal control defects.Therefore,the research of the internal control defects identification and disclosure of enterprises is conducive to building a clearer identification criterion,improving the authenticity of information disclosure,and promoting the improvement of corporate governance structure.Firstly,this paper sorts out the research results related to the internal control defects identification and disclosure,extracts the theories about the internal control defects identification and classification,disclosure content and quality requirements,and influencing factors.Secondly,this paper chooses H Co.,Ltd.as the research object,analyses it’s situation from the perspectives of the internal control defects identification standards,the change of identified internal control defects,the content and quality of disclosure.Then this paper finds out some problems existing in the internal control defects identification and internal control information disclosure and analyzes their causes,including that the audit committee,the internal audit department and the board of supervisors failed in supervision and the external auditors lacked governance functions.Finally,this paper puts forward some suggestions from the perspective of the company,the third-party organizations and the supervision departments,including that improve the consciousness of regulating internal control,optimize internal control and information disclosure supervision,the accounting firms should keep tight control over the quality of audit practice,enforce the disclosure of the risk management information on the companies,strengthen the supervision and training of the enterprise’s personnel and the third-party organizations,etc.