Internal Control And Risk Prevention Of Sales Cycle In Auto Financing Companies

As an important manufacturing industry in China,auto finance is a new service industry with the development of auto industry.With the continuous improvement of people's income,people's purchase demand for automobiles is also gradually increasing,so it promotes the development of automobile finance industry.However,opportunities are always accompanied by challenges.In the development process of China's auto financing companies,there is a lack of awareness of risk management.Most of the companies' internal control and risk prevention systems are not in place,and there are many problems.Therefore,this paper will study and analyze the internal control risk management of B auto finance company in the sales cycle,find out the problems existing in the internal control of the sales cycle of auto finance company,and put forward effective suggestions for the establishment of the internal control of the sales cycle of the company,so that the auto finance company can reduce the operational risk and promote the development of the whole auto finance industry.This paper mainly studies and analyzes the internal control and risk prevention of the sales cycle of the auto financing company,and selects B auto financing company as the case company.By analyzing the main business,department composition and the current situation of the sales cycle of the company,it finds out the main problems of the internal control of the sales cycle of the auto financing company,and puts forward specific solutions from different aspects according to these problems' measures.The main conclusion of this paper is to improve the internal control of sales cycle of B auto finance company,and put forward corresponding suggestions for the risk control of the whole auto finance industry.B auto finance company should adjust its organizational structure and post responsibilities,improve the system construction of internal control,and improve the internal control awareness of employees.The whole auto finance industry should improve the legal system related to auto finance,and improve the personal credit system of China.This paper uses the method of combining theory with specific cases to analyze the case,focusing on the internal control of B auto finance company.For the acquisition of relevant data,the method of questionnaire survey is used to obtain data.Analysis found that B auto finance company sales cycle internal control problems and the corresponding risk prevention measures.