ZH Holdings Corporation Internal Control Environmental Issues

The real estate industry is the pillar industry of China's national economy and an important force that drives China's economic growth.Discussions on real estate in the Chinese academic community continue.After the financial crisis in 2008,China implemented a monetary easing policy,which implemented preferential policies for the real estate industry,resulting in a sharp rise in housing prices.At the same time,many companies have also begun to transition to the real estate industry,increasing competition within the industry.In order to strengthen the management of real estate companies,internal control is the key.The basic goal of internal control is to ensure the efficiency and effectiveness of business operations,and to ensure the safety of assets and the accuracy of financial information and financial reports.The internal control environment,as the first of the five elements of internal control,is the fundamental and core of internal control,and is the key to the implementation of internal control.ZH Holdings Corporation is a small and medium sized company that specializes in real estate development.The company has seen many problems in the development process and there are many flaws in the internal control environment.Therefore,only by strengthening the construction of an internal control environment can companies achieve comprehensive competitiveness and achieve a sustainable development strategy.This article mainly adopts the normative research method and the qualitative analysis method.It first introduces the related concepts of internal control and internal control environment and the internal control components.Secondly,taking ZH Holdings as an example,combining the company's operating status and the acquired information,it analyzes the current state of the internal control environment of ZH Holdings,and finds that the internal control environment of ZH Holding Company has unreasonable corporate organization settings,unrealistic development strategies,and human resources.Policies need to be improved,social responsibilities are not fully implemented,and corporate culture is not standardized.Finally,good corporate institutions are set up in light of the actual development of the company,management of the board of directors is strengthened,the responsibilities of employees are clearly assigned,the types of organizational structure are adjusted,and the development strategy is in line with thedevelopment of the company.Coordinate and deploy in line with actual development strategies,strengthen the functions of the strategy committee,establish human resources management system,pay attention to staff recruitment and training,establish regular rotation system,improve employee exit mechanism,achieve standardized management of corporate culture,and strengthen corporate culture of management departments Risk awareness,combined with the company's current development status,periodically assesses the company's existing risks and integrates relevant recommendations and measures related to social responsibility systems.