Application Of Internal Financial Control Framework In Small And Medium-sized Garment Enterprises In Zhuzhou

At present,more than 20 million small and medium-sized enterprises are registered in China,while more than 54 million individual business households,which makes small and medium-sized enterprises play an important and irreplaceable role in China's economic construction and sustainable development.Internal control is the most important part of financial management,which decides whether the financial situation of enterprises is healthy or not.In the process of large-scale enterprise management,the internal control framework has been very mature,but there are essential differences between small and medium-sized enterprises and large-scale enterprises in the internal control framework.The development of internal control of small and medium-sized enterprises in China is still in a relatively unsound stage.The main problems are as follows: the management does not attach enough importance to internal control,the internal control system is not perfect enough,and the operation cost of internal control is high.These problems have greatly hindered the development of SMEs,so it is particularly important to study the internal control of SMEs in China.On the basis of summarizing the internal control theory and practical experience of small and medium-sized enterprises at home and abroad,this paper focuses on the garment industry,and takes the internal control system of Zhuzhou GX Industrial Co.,Ltd.as the specific research object,puts forward professional optimization suggestions for the application of its internal financial control framework.Firstly,a questionnaire is designed for the industry status and business processes of Zhuzhou GX enterprises.Based on this survey,the internal control status of small and medium-sized garment enterprises is analyzed.Small and medium-sized enterprises have different needs from large enterprises,which require high efficiency and low cost of internal control.For the procurement and payment links,sales and receipts links,cost accounting links,SMEs pay more attention,so this paper focuses on research.