Study On The Internal Control Of Fixed Assets Of LKX Electric Power Bureau

Electric power enterprises belong to public utilities and basic service industries,which shoulder important political and social responsibilities and are important basic industries related to national economy and people's livelihood.The fixed assets of electric power enterprises are large in quantity,large in scale and high in value.Because the fixed assets of electric power enterprises are scattered in every corner of the city and the countryside,the management is very difficult.Moreover,the lack of effective internal control of fixed assets in power enterprises has led to many problems in the management and maintenance of fixed asset.Therefore,effective management of the whole process,strengthening the internal control of fixed assets,improving the integrity of fixed assets,have become the key to improve the development of power enterprises.Therefore,this paper takes the internal control of fixed assets of LKX Electric Power Bureau as the research object,aiming at pointing out the problems of the internal control of fixed assets,such as the absence of budget system,the lax control of daily activities,the untimely updating of information related to fixed assets,and the irregular updating and transformation process.Then,the causes are analyzed in depth.Finally,a series of pertinent suggestions for improvement are put forward.The paper mainly includes six parts:The first part is introduction.This paper introduces the research background and significance,and clarifies the necessity of improving the level of internal control of fixed assets,and elaborates the relevant theories of internal control and internal control of fixed assets,so as to make theoretical preparations for the research of this paper.The second part introduces the concept of internal control of fixed assets,including its meaning,objectives and principles,as well as COSO internal control framework and life cycle management of fixed assets.The third part,it mainly describes the main situation of the fixed assets of LKX Electric Power Bureau,and analyses the characteristics of the internal control of the fixed assets of LKX Electric Power Bureau.The fourth part,LKX Electric Power Bureau fixed assets internal control problems and causes analysis.Starting from the main process of fixed assets of LKX Electric Power Bureau,this paper points out that there are some problems in LKX Electric Power Bureau,such as theabsence of budget system,inadequate implementation of acquisition procedures,poor daily management and maintenance,and non-standardized renewal and transformation procedures,and deeply analyses the causes of these problems.The fifth part,LKX Electric Power Bureau fixed assets internal control improvement proposals.Including improving the professional quality of fixed assets managers,establishing scientific budget management,improving the renovation process,and establishing the performance appraisal system of internal control of fixed assets.The sixth part,conclusions,shortcomings and future prospects.