Study On Internal Control Of Monetary Capital In SY Company

Due to the strongest liquidity characteristics,monetary funds are prone to accounting errors and inconsistencies in accounting revenues and expenditures,and are most likely to be coveted and illegally occupied in the custody of monetary funds.In the daily operation and management of enterprises,it is not uncommon for enterprises to commit frauds that lead to the lack of monetary capital,which brings a lot of troubles to enterprise management and infringes on the interests of the enterprise capital provider.Therefore,in the design and implementation of the enterprise internal control system,the internal control of monetary capital has always been in a pivotal position.SY company is a large domestic equipment manufacturing company with strong financial strength and has established a decisive position in the fields of concrete conveying and asphalt mixing station manufacturing.Therefore,SY company is selected as the research object of this paper.Taking SY company's internal control of monetary capital as an example and the theoretical system of internal control as the criterion,this paper explores and studies SY company's internal control system of monetary capital divided into three levels of risks.This paper describes the identification and control activities of SY company's collection risk,payment risk and stock capital risk,and confirms SY company's achievements in system design and implementation.At the same time,it aims at the deficiencies and unsolved defects of internal control of monetary capital: 1.Unreasonable risk assessment of monetary capital;2.The internal control process of monetary funds is not standardized;3.Lack of post-evaluation system of monetary fund internal control.Suggestions and improvement measures are proposed for SY company's improvement of the internal control system of monetary funds: 1.Improve the evaluation of monetary funds;2.Improve the monetary fund risk control process,including improving the monetary fund budget control process,improving the authorization approval control process,and improving the monetary fund inventory control process;3.Improve the post-evaluation system of internal control of monetary funds.It is rare for scholars to conduct in-depth research on the internal control of monetary funds in the construction machinery industry.The innovation of this paper lies in that it firmly grasps the industrial characteristics of construction machinery manufacturing,and analyzes the specific situations and problems related to SY company's internal capital control on a case-by-case basis,which is of strong feasibility and practical significance for solving the defects of SY company's internal monetary capital control system design and implementation.