Research On Information Disclosure Of Internal Control Of New Energy Listed Companies

The occurrence of all kinds of financial fraud scandal,not only seriously damaged the credibility of the security market,and the confidence of investors,but also reflects the shortage of internal control of listed companies,attracts the public's attention of disclosure of internal control information.Establishing and improving internal control is the beginning of enterprise management,and thorough internal control system would cause positive influence on enterprise performance.With the development of science and technology,especially the importance of environmental protection,new energy industries have unprecedented development opportunities.However,in addition to macro factors such as policy support,the establishment of internal management,especially internal control norms,is one of the main influencing factors.The stakeholder would know the enterprise's internal control situation,only by the information disclosed.The internal control disclosure of information is crucial to both the enterprise and the stakeholder.It is worth noting that sinovel,a former star of the new energy industry,has been hit hard by financial fraud,which partly explains the lack of internal control information disclosure and reflects that there are many problems in the actual operation of new energy listed companies in China.However,we don't have enough researches on the internal control information disclosure of new energy listed companies.This paper will analyze the development status of the new energy industry from the point of the perspective of internal control information disclosure.In this paper,firstly,the author sort out the domestic and foreign research results,define the concept of the internal control information disclosure and new energy companies,and expounds the necessity and importance of internal control information disclosure.Secondly,the author selected the new energy listed companies in Shanghai and Shenzhen as the research object,according to its disclosure of internal control evaluation report and internal control audit report from 2012 to 2016,analyzed the current situation of new energy listed companies' internal control information disclosure.Generally,new energy listed companies in our country basically accomplish the disclosure of internal control information,but the disclosure is lack of motivation,disclosure content's quality is not good enough,and it's also lack of objectivity and veracity.In order to analyze the new energy listed companies and find their problems and reasons in information disclosure of internal control,this article further analyzes the sinovel typical case,the study says sinovel's problem mainly lies in: the motivation of internal control information disclosure is insufficient,internal control information disclosure obscure the content,information disclosure of internal control defects and the rectification is imperfect,lack of attention to internal control of the financial report;But the main reason for these problems are: the company's internal governance environment is imperfect,worry about internal control disclosure of information will increase costs,and lack of attention to internal control information disclosure,internal audit and external supervision does not reach the designated position.In allusion to the problems and causes of internal control information disclosure for new energy listed company,the author suggested completing its internal control disclosure of information from the following aspects: Improve the internal control environment of the company,implement the independent board system,give full play to the role of the board of supervisors,improve the functions of the board of supervisors,and attach importance to the internal audit system;Strengthen public awareness and education of internal control information disclosure,raise the level of attention;Refine the internal control information disclosure standard of the new energy industry,unify the disclosure format,formulate specific operating rules for the disclosure content,and unify the evaluation criteria;The supervisor should strengthen supervision through detailed supervision rules,raise awareness of key enterprises and important links,and establish accountability mechanism;Improve the audit attention of certified public accountants,and strengthen the professional knowledge and professional ethics education.