Improvement Research On The Internal Control Of Domestic Sales Business In M Medical Company

In the early 2000 s,a number of world-famous large companies such as Enron and WorldCom experienced the accounting scandals,and the financial fraud cases of Jinzhou Port and Huishan Dairy in the past two years have brought great shock to people.At the same time,it also caused people to reflect.After extensive analysis and research,we found that in the majority of fraudulent incidents,weak internal control is the culprit leading to out of control of corporate management.This shows the importance of internal control for the healthy development of enterprises.As the leading high-tech medical equipment R&D and manufacturing company in China,M Company also has some problems in the internal control of the sales business.Although M Company has abundant capital and excellent performance,the problems in the domestic sales business have become increasingly prominent.The sales expenses have increased year by year,which is far higher than the industry average,the proportion of accounts receivable is relatively large,and the risk control measures and credit management are lacking.Thus,there is an urgent need to improve and complete the internal control system.In order to optimize the internal control system of M’s domestic sales business,improve its internal control ability,this paper uses the relevant concepts and theories of internal control,based on the actual situation of M company,from the perspective of five elements of internal control.The analysis of the internal control status of M’s domestic sales business is carried out one by one,and the theoretical basis and literature review are fully utilized.It is found that there are some defects in the company’s current internal control system,mainly because the company’s internal control environment is weak and M company lacks a complete risk assessment system.At the same time,the design of the control event is not reasonable,the information and communication within the company are not current,and there is no effective supervision of daily work.The combination of these defects has led to various problems in the domestic sales business of M Company,such as increased sales expenses and difficulties in collecting accounts receivable.In response to these shortcomings,this paper proposes corresponding operational improvement measures to help M Company improve the internal control of the sales business,and actively explore a way to comply with the continuous,healthy and development of M company,and hope that the research in this paper can also have certain reference value and reference significance for similar enterprises.