A Case Study On Monetary Fund Internal Control Of D Company

Monetary fund is the most liquid assets of an enterprise.Monetary fund runs through the whole process of business operations and has an important impact on the sustainable operation of enterprises.Good internal control of monetary fund can help enterprises ensure the safety and integrity of fund,reduce the risk of liquidity and improve the efficiency of the use of fund.Therefore,it can support enterprises to carry out various businesses and achieve strategic goals.This paper uses the case analysis method to study the internal control of D company’s monetary fund and summarize its experience in the design and implementation of monetary fund internal control.Company D is a large Internet company in China.The scale of the company is expanding rapidly,the business field is wide and the management of fund is very difficult.At present,company D has formed a relatively complete monetary fund internal control.Its fund amount has maintained a steady growth trend and the use efficiency of funds is very high.There are many experiences worthy of reference for the internal control of monetary fund.This paper first studies the internal control of monetary fund from the theoretical level,including the connotation,objectives,control methods and evaluation dimensions of internal control of monetary fund.Secondly,it introduces the general situation of internal control of D company’s monetary fund and discusses in detail the system and procedures of internal control of D company’s monetary fund.Thirdly,it evaluates the internal control of D company’s monetary funds and analyzes its advantages.Although the internal control of D company’s monetary funds is relatively complete,some systems still have defects.For these defects,this paper will also evaluate and analyze.Finally,this paper will summarize the experience of D company’s internal control of monetary fund and make recommendations for its shortcomings.The study found that company D adopts centralized management of funds,prepares daily fund reports,develops a fund management system,implements comprehensive budget management,promotes the use of bank acceptance bills and idle funds for investment.Ultimately company D achieves capital security,stable capital flow,and increased capital use efficiency.