Research On Internal Control For Funds Cycle In SUZHOU Automation DE Company

In modern times,enterprise managers have been actively advocating the concept of internal control.Internal control has become an important means to test the health and development of enterprises,but also an important weapon to fight corruption.Internal control has gradually become the focus of social economy and people's life.Due to the continuous occurrence of fraud and failure cases of internal control of listed companies at home and abroad,many famous scholars and economic management experts reexamined and discussed the current research results of internal control and discussed some basic practical operation problems of internal control.For example:in sales activities,due to improper customer credit management and accounts receivable management,the sales revenue increased,but the cash inflow did not increase significantly;in the procurement process,high prices are not necessarily able to buy products of equal quality;in fund management,monetary funds are not used as a whole,resulting in low efficiency in the use of funds or capital flow fracture and other internal controls The problem of control.As a wholly foreign-owned enterprise in Suzhou,DE automation manufacturing company was established in 2002.Its scale belongs to small and medium-sized enterprises in development.Its main products are to provide Chinese enterprises with from simple manual operation to advanced fully automatic integrated industrial tightening technology and solutions.In the early stage of its establishment,a relatively simple top-down management mode was adopted.In the short term,due to the strong market demand,the company has made certain achievements.After more than ten years of operation,the development of the enterprise has encountered bottlenecks,and many internal control problems have gradually emerged,hindering the development of the enterprise.For example,with a strong and enviable product line portfolio,it is difficult to obtain the market share and competitive business performance,the company's strategy is too extensive,the process lags behind,the performance pressure is insufficient,the staff lacks the spirit of challenge,they are afraid of change and self-denial,and the work details are not in place.It is particularly important for the growing small and medium-sized enterprises to solve these problems.Based on some problems of the company,this paper hopes to explore the current situation and problems of internal control in each process of capital circulation business of de company through theoretical research on internal control at home and abroad,combined with modern enterprise management system in China,on the basis of summary analysis and case study,and then according to the characteristics of industry,products and internal management of DE company,combined with management science,management,and other related issues,this paper analyzes the current situation and problems of internal control in each process of capital circulation business of DE company With the help of expert interviews and questionnaires,this paper analyzes the internal control problems of capital circulation in de company,sorts out the key processes of internal control,establishes and improves the objectives and standards of internal control,seizes the key points of internal control in key business cycles,and focuses on solving the problems and risks in internal control It is of positive significance to improve the management level of DE company,ensure the smooth operation of business and reduce the business risk.