The Problems And Countermeasures Of LS Internal Control Group Corporation

LS Group Company is a state-owned large-scale key enterprise approved by the State Council and involves the national security and the lifeline of the national economy.It is entrusted by the State Council to be responsible for the operation and management of policy grain and oil,and accepts the state's entrusted implementation of grain,oil,oil,purchase,sales and storage.Under the state's macro-control,supervision and management,the company implements self-employment and self-financing,To achieve a win-win situation of economic and social benefits,internal control is an important measure to improve the management level of large and medium-sized enterprises.It is also an important institutional arrangement for China to cope with the complex and volatile economic situation at home and abroad,and analyzes the problems in the internal control of LS Group and proposes Countermeasures and suggestions have strong application value and certain theoretical value.LS Group Company fully implemented internal control in 2007.All 25 branches in the jurisdiction have formulated the “Internal Control Manual”,which was revised and improved in 2012 and 2014 respectively,which played a certain role in preventing enterprise risks.However,since 2014,a series of cases have occurred,revealing that there are still major problems in the internal control of enterprises.First,the internal control environment is not good.The organization is set up in the unreasonable distribution of powers and responsibilities,the cadre employees lack the concept of internal control,and the enterprise lacks an internal control culture.Second,the risk assessment department is in place.The risk point is not found,and a complete risk database is not formed,resulting in insufficient risk prediction and poor management.Third,control activities are difficult to land.The power and responsibility boundary of risk prevention and control is unclear,and it has not been implemented to specific posts.The construction of the supporting business management information system is not in place,and the management system and internal control process cannot be consolidated.Fourth,the information communication is not smooth.A reporting system has not been established for major risk businesses,and business processes have not been revised in time for various types of audits and internal control evaluations,causing recurring problems.Fifth,the internal supervision mechanism is in the form.The internal supervision organization structure was not established,and the internal control evaluation method was established without real implementation.In view of the problems existing in internal control,combined with the various control measures of LS Group Company since 2014,this paper puts forward the specific improvement countermeasures based on the overall goal of “control activity,standardization of control procedures and traceability of control responsibility”.First,improve the organization's allocation of powers and responsibilities,create an internal control culture with full participation,and improve the internal control environment.The second is to implement risk classification management,improve the risk database,and optimize risk assessment.The third is people-oriented,highlighting post responsibility,putting risk prevention and control into positions,strengthening business information system construction,and re-planning control measures.The fourth is to establish an important risk reporting system,improve the risk feedback mechanism,and unblock information communication channels.The fifth is to clarify the internal supervision department and division of responsibilities,strictly control the internal control assessment methods,and implement the internal supervision mechanism.In short,the continuous implementation of the internal control system of the LS Group's internal control system and improvement and improvement will help to implement the Group's system-wide internal control "horizontal to the side,vertical and the end,responsibility to the post",and continuously improve the company's ability to defend and resist risks.