A Case Study On Inventory Internal Control In M Manufacturing Company

With the passage of time,the global economic environment is more unpredictable,complex and changeable,many enterprises expand at the same time,the internal control has not kept up with the pace,followed by a variety of internal control problems caused by violations of the law.Whether it is the World communication event at the beginning of the21 st century or the earlier Lantian stock incident,all of them show that the internal control management of the enterprise is not in place.Enterprises are gradually beginning to realize that a reliable and complete internal control system is a continuous route for the good development of an enterprise,and also a sharp edge to protect the interests of enterprises and related investors.Therefore,The domestic and foreign enterprises have carried on the thorough exploration and the formulation to the internal control one after another.The manufacturing industry is the pillar industry to support the Chinese economy,in which the mechanical manufacturing industry is an important part of the manufacturing industry,including pumping,piling machinery and other products,is a product with the characteristics of the industry.Therefore,the internal control of inventory is a very important part of the internal control.Reasonable internal control management can provide a safe and effective internal control system for the inventory links of other specialized equipment manufacturing industries.Avoid management risk and management risk reasonably,maintain enterprise can hold The possibility of continuous development,because the study ofmanufacturing internal control system has practical significance.In this paper,through the combination of theoretical knowledge and corporate cases,the meaning of internal inventory control,objectives,methods,processes and key risk points are taken as the initial points of theoretical research.In order to get the corresponding target,the paper studies the risk points and the process of each link in order to get the corresponding goal.Then taking M Manufacturing Company as the key research object,the paper systematically introduces the basic operating situation and the present situation of internal control of M Company,and then introduces and analyzes the relevant functions of various organizational departments concerned with the control of inventory activities,including the manufacturing department,material management department,R & D The functions of departments and commercial departments,etc.The inventory link is divided into four modules.On the basis of internal control and five elements,the four modules of inventory are introduced in detail,including the risk assessment of each module,and the basic performance,causes,consequences and grades of risk points are analyzed and followed up.Aim at each risk point,dig deeply in the process of control target,type,check program and so on,analyze reasonable control program and method.Find out the system and execution loopholes of the enterprise,put forward constructive suggestions on the internal control of the inventory cycle of M Company,and put forward suggestions to improve the characteristics of the enterprise,including optimizing the organizational structure of the stock,further clarifying the responsibilities of each department;Perfect the platform of information and communication;build Set up the anti-fraud mechanism applicable to the enterprise and so on.At the same time,these improvement measures also provide reference for other mechanical manufacturing enterprises to compile and implement inventory internal control.