Research Of Internal Control Problems Of D Power Company

Enterprises internal control is an important measure and means for modern enterprises to operate efficiently,manage standardly and avoid risks.With the enhancement of global economic integration,implementation of supply-side structural reform,reform of electric power system,overcapacity cut and requirements of the 19 th National Congress for fully deepening reform and building a modernized economic system,Chinese enterprises are facing new challenges while facing new opportunities for development.The industrial structure is changing secretly and obviously,and all walks of life are scrambling to share the "cake" born under the new situation,in order to make a profit from it.If there is a winner,there is a loser.Electric power industry is a dominant industry occupying an absolute monopoly position in Chinese national economy,and there's no need to elaborate its importance and position further.But in the torrent of reform and development,if we don't make innovation and change,no enterprise can survive being eliminated.The only way for state-owned enterprises is unswervingly to continue deepening reform fully,set up new development concepts and accelerate the improvement of the socialist market economic system,which is also the case for the electric power enterprises.Only reform can develop;only seize the opportunity,can we make breakthroughs;only by establishing a sound internal control system,can we improve operational efficiency and achieve substantial development.D Power Company is taken as an example in this paper.In recent years,it is also influenced by the macroeconomic policy situation,coupled with the frequent exposure of problems in the enterprises management,the development and even survival problems are facing tremendous challenges.It is urgent for D Power Company to get rid of the predicament and embark on a healthy development path by strengthening internal control.Taking D Power Company as an example,the practical and theoretical significance of this study are introduced,basing on the current situation of power enterprises,and the innovation and value of this paper are pointed out by introducing the research status at home and abroad.On the basis of fully introducing the basic theory of internal control,the basic situation of Chinese electric power industry and the current operating situation of D Power Company,the following five aspects are analyzed: internal environment,risk assessment,control activities,information and communication,and internal monitoring.And problems existing in the internal control of D Power company are pointed out.In terms of internal environment,the organizational structure is unreasonable,the construction of enterprise culture is superficial,the human resources construction is prominent,and consciousness of social responsibility needs to be strengthened.In risk assessment,risk prevention and control awareness is weak,risk identification ability is insufficient,and risk response mechanism is imperfect.In terms of control activities,production management,fuel management,procurement management,material management,and budget management need to be strengthened.In terms of information and communication,there are no external information disclosure system,information security management system and information crisis response system.In terms of internal control,the internal control management system has not been updated in time,the internal control manual has not been issued in time,and the problems found in the audit have not been rectified in time.In order to solve these problems,improvement plans are put forward one by one in the fifth chapter.Improve the internal environment of enterprises by improving the organizational structure,strengthening the construction of corporate culture and talent team,and strengthening the sense of social responsibility.Through strengthening risk awareness,perfecting risk identification,assessment and response mechanism,and designing a flow chart of comprehensive risk management,an all-round risk management system is established.Improve the control activities,through strengthening safety control,exploring new means of capital management,improving material procurement process,strengthening budget control and other means.Through the establishment of external information disclosure system,the improvement of information management policy and the combing of information system security process and other means to smooth the information and communication of enterprises.Strengthen internal audit supervision by building internal control management system and strengthening internal audit execution.It is hoped that the above suggestions can play a positive role in improving the internal control system and future development of D Power Company,at the same time,provide some suggestions and reference for the reform of related enterprises in the same industry.