Study On The Improvement Of Inventory Internal Control Of HEBEIXIANGJU Liquor CO.Ltd

With the rapid development of China’s economy,enterprises have to bear great pressure in the fierce competition in the market environment.In recent years,the government has issued a series of policies to restrict the consumption of public goods,alcohol and other restrictions,which have a great impact on the operation of the wine industry.For the situation that the demand of alcohol market is insufficient,alcohol enterprises must carry out comprehensive reform and innovation.Xiangju liquor co.ltd.is a manufacturing enterprise,the inventory in the enterprise assets has an irreplaceable position,the internal control of the enterprise inventory,in the enterprise operation plays an important role.Xiangju liquor co.ltd.is a small and medium-sized private liquor enterprises.In recent years of industrial reform,there are problems such as declining operating profits and weak inventory internal control system,so this paper chooses it for research.Firstly,this paper introduces the research background and significance of topic selection,and summarizes the research status at home and abroad.Together and then through the Xiangju liquor co.ltd,the inventory analysis and research of the current internal control,and to meet Xiangju liquor co.ltd,inventory data,observing problems from each link together Xiangju liquor co.ltd,the cause of the problems found as follows:the inventory internal control environment:corporate culture become a mere formality,the company’s internal management internal control awareness is not strong,inventory related management personnel quality is not high;Inventory risk assessment:insufficient ability of employees to identify external risks and contract risks;Inventory control activities:imperfect approval and authorization procedures,unreasonable inventory pricing mechanism,no inventory budget plan and]ax accounting system control;Information and communication channels:information cannot be Shared in real time,and effective communication cannot be achieved within and outside the company;Inventory internal monitoring system:lack of corresponding internal audit department,lack of corresponding supervision personnel.Finally,the causes of the problem were analyzed,Suggestions for improvement were put forward based on the actual situation of the company,flow charts were designed for individual links,and self-evaluation system of inventory internal control was designed to improve the turnover rate of inventory of the enterprise,accelerate the turnover of capital,and maximize the profit of the enterprise.