Study On Internal Control Defects And Optimization Of"*ST Carbon"Company

Under the environment of market economy,the competition between companies is becoming more and more fierce,the management of the company's internal control system is also more and more attention,the quality of internal control has become a sensitive factor affecting the competitiveness of the company,sound and reasonable internal control system is the basic guarantee that the company can develop in the long run,"*st carbon" Because of its serious internal control defects,the company caused external investors to doubt the company's sustainable management ability,the major defects of internal control also let the accounting firm responsible for audit to issue a continuous non-standard opinion type,indirectly resulting in the company's withdrawal,so the study of its internal control defects is very necessary.If the company receives the internal control audit report of the type of negative opinion of the accounting firm,then it shows that the company has serious defects in internal control.This article selected the case "*st carbon" Company,in 2015-2017 internal control audit report have been issued a negative opinion,is a typical case of internal control defects.In addition,"*st carbon" Company as a company listed on the main board,the research on its internal control defects is more practical,can provide reference for other types of companies listed on the motherboard.This article mainly uses the literature method and the case analysis method to analyze the "*ST carbon" Company's internal control situation,first uses the literature method,collates the literature related to the internal control defect,summarizes the internal control defect related concept and the theory,as the research "*ST Carbon" Company internal Control Situation Foundation;Then the case analysis method is used to analyze the "*ST carbon" company,through the collection of "*ST carbon" Company's internal Control audit report,financial statement audit report,internal control self-evaluation report and other publicly disclosed information and the use of literature method combing the principal-agent theory,information asymmetry theory,signal transmission theory to "*ST carbon" Company in the organizational structure,capital Management,sales business,guarantee business,related parties and other aspects of the major internal control defects of the cause analysis,found that the causes of "*ST carbon" company internal control defects are mainly: corporategovernance layer supervision and implementation is not in place,the authorization and approval process in fund management lacks the role of post checks and balances,The concentration of decision-making power,the lack of information communication in the sales link,the lack of implementation of the external guarantee system,and the design defects of the related party fund occupancy system.Finally,according to the reasons for analysis,it is put forward: attach importance to the role of governance layer,clarify the power and responsibility of each department,strengthen the risk awareness of fund management,optimize the authorization and approval process to improve the business process,strengthen the supervision of each business link,strengthen internal communication,strictly enforce the external guarantee system,Improve the related party capital occupancy system and other specific internal control system optimization measures.In order to improve the "*ST carbon" Company's internal control situation,but also hope to provide other companies of the same type of reference significance.