Internal Control Case Study Of Company Y

Compared with foreign countries,the research and system of internal control in China started relatively late,which was put forward by Secretary-General Liu Yuting at the 4th China Audit Elite High-Level Forum.In the process of development and growth of state-owned companies,a large number of small and medium-sized state-owned companies have emerged in the development of capitalization operation of large state-owned companies through a series of effective methods such as asset restructuring.Through the actual case study of internal control of Y company,it is applied to the establishment of internal control system of subsidiaries of state-owned small and medium-sized listed companies,which can provide reference for improving the management of the company.This paper analyzes the current situation of Y company's management and its main processes and other problems,and concludes that there are drawbacks and lack of risk awareness in multiple examination and approval links of the company's internal management control.The existing problems include the lack of a good internal control environment,the lack of risk prevention awareness of corporate management managers,the lack of effective supervision,and the lack of independence of internal control.There are weak consciousness of enterprise managers'internal control and unreasonable organizational structure.The risk management awareness of business operators and investment is weak,and there is no risk awareness and risk assessment mechanism in business operators and investment.There are defects in the company's examination and approval supervision and internal audit.The main problems are the insufficient approval and supervision of the company and the weak independence of internal audit.The problems in the internal control of Y company have brought serious losses to the normal development of Y company and restricted the development of the company.Through introduction,case description,case analysis,countermeasures and Suggestions,as well as the concluding remarks,this paper systematically elaborates the existing problems and solutions of Y company's internal control.The specific content is as follows:the introduction part mainly systematically elaborates the research background,research purpose,significance,research methods and contents of the paper.The main conclusions obtained include attaching more attention to the internal control system of Y company.Thought determines action,and ideas determine methodology.Whatever ideas there are,there is a methodology that suits them.If the correct and scientific understanding of internal control is deviated,it will directly affect the design of the internal control,so that internal control cannot achieve practical results.The senior management of company should pay more attention to the design and implementation of the internal control system.The authorized supervisory should be upper the management of the company and be regularly checked by the group company.The ideal organization and management structure in the company ensure the effective implementation of internal control measurements.There are also many measurements to help to achieve an internal control,such as achieving the division of labor,clarifying the rights and responsibilities,supervising the implementation and correcting the unreasonable issues.Combining informationization with internal control systems,and using modern information tools to help establish and improve internal control systems,and realize the key links of the company's various businesses through information systems.Incorporating the risk assessment mechanism into the internal control system enables the company to take different countermeasures for different risks.And it will also help to achieve rational allocation of company resources and grasp the key points of the company's internal control.