*ST Honggaointernal Control Case Study

Internal control is an important part of modern enterprise management,and it is also the basis for the smooth progress of business operations.Internal control has received extensive attention from countries around the world.Modern enterprise theory and management practices have shown that all corporate management work begins with the establishment and improvement of internal controls.The financial fraud of listed companies or business failures is always related to the company's serious internal control issues.When there is a problem with the business management of the company,the company must first look for the problem within the company,and then study its root causes and find internal controls.Where defects are found,they will adopt correspondingeffective improvement measures to improve their internal control system.The full-text structure is as follows: The first chapter is introduction,introduces the research background,research purpose and research significance of this article,literature and theoretical basis of related fields,summarizes internal control theory,and the content and method of this article are described in the end of this chapter.The second chapter introduces the case text,the development status of ST Koko,the description of the development and current status of the company's internal control,and evaluates it,stating the problems existing in the internal control of *ST Kogyo,such as significant changes in key personnel,position of chief financial officer.Vacancy;Subsidiary company's existing data is not perfect,the completion progress confirmation sheet is different from the book record,and the long-term equity investment that is not corresponding to impairment provision is depreciated.Finally,the results of two audits conducted by * ST Hong Gao in 2017 are explained.The third chapter is a case study.From the perspective of the five elements of internal control,the author analyzes the causes of the internal control problems of ST Hong Gao,explains the improvement made by ST Hong Gao after the first audit,and suggests that it still needs improvement.The fourth chapter is case inspiration,starting from the problems existing in the internal control of STMicroelectronics,put forward problems and suggestions that should bepaid attention to in the company's internal control,in the hope of generating references for readers or other companies.Based on the research results of domestic and foreign scholars,this paper applies the theory of internal control to practice,analyzes the specific issues,and improves the system while valuing the representative companies.It is hoped that it will serve as a positive reference for the actual development of the internal control system of enterprises in China.