Research On Internal Control Optimization Of HD Enterprise Based On COSO Framework

With the incidents of China Aviation Oil Incident in the early years,the misappropriation of large amounts of funds by the leadership of Aokoma,the collapse of Huishan market value in recent years,and the huge loss of bus technology companies,the people have found that the main reasons for the above problems are related to the imperfect or even missing internal control system of enterprises.Therefore,how to prevent and deal with the problems in the process of business management correctly It is an important issue for people to consider to establish an internal control system suitable for the long-term development of enterprises.Energy enterprises are the basic lifeblood of urban development and the livelihood of the people's livelihood project.Among them,power generation and heating is the necessary infrastructure for people's daily life.As people's living standards are increasing,the demand for electricity and heating requirements have changed.The social responsibility of such enterprises is also increasing,and their role in guaranteeing people's livelihood is particularly significant.With the multi-level and multi-directional opening of China's market economic system,the former large state-owned monopoly enterprises are gradually marketized,and private capital is also participating in the competition of people's livelihood enterprises.Under such competition conditions,the market competition of energy enterprises is increasingly cruel,and the drawbacks of their internal system problems are gradually highlighted.Enterprises are now faced with "high costs,high expectations and low output".Therefore,it is an important issue that people need to think about at present to seek a more optimized scientific management mode.Internal control system is an important part of enterprise management.Optimized internal control system can promote enterprises to improve production quality,prevent business risks,improve market competitiveness,and realize the good vision of long-term and healthy development of enterprisesThe reason why HD Energy Company.is chosen as the research object in this paper is that it is a listed company integrating power generation and heating.Its development bears important social responsibility rather than economical responsibility.This paper studies the current internal control system and its existing problems by using case analysis,field investigation,literature research,interview and other research methods.It also analyses the problems existing in the internal control of COSO Five Elements HD Energy Co.,Ltd.and tries to find out the relationship between the causes of its economic problems and the internal control system from the perspective of Five Elements.Finally,combining with the case of HD Energy Co.,Ltd.,this paper explores the optimization suggestions of the internal control system,hoping to provide some reference value for the construction of the internal control system of HD Energy Co.,Ltd.in practice,and promote the company to achieve its strategic objectives and coordinate the integrated development.