Research On Internal Control Optimization Of A Corporate Finance Related Transactions

With With the increasingly strict supervision of banking financial services,such businesses have turned to non-bank financial institutions,such as listed companies or large corporate consortia.For listed companies engaged in financial leasing,factoring,pawn and other financial services have been in a long-term supervision or long-term supervision vacuum,lack of a suitable institutional arrangements.Rendong Holdings is one of them because of the large arbitrage space of financial services,which has caused many listed companies or large-scale corporate consortia to adjust,transfer and transfer profits through related party transactions for profit,and falsely report operating results.Rendong Holdings is the object of internal control of research-related financial business related transactions,which has certain constraints on the above behaviors,and the research results have certain practical significance.Firstly,the article systematically sorts out the related theories of theory,practice and system of related party transactions and internal control,and applies the information asymmetry theory,principal-agent theory and comprehensive risk management theory to analyze the current situation of Rendong holding-type financial business related transactions.The problem of the related transactions caused by the use of financial services by the East Holdings for related purchases and sales,mainly to define the disclosure is not clear,the authorization and approval system is not perfect,the pricing system is not clear,and then the internal transactions of Rendong Holdings' financial business are proposed.Optimized design of control.Focus on the definition and disclosure of related transactions in financial services,including the preparation and review of related party transactions on time,using the internal accountability system for related party transaction information disclosure,clarifying the time and content of related party transaction information disclosure;This includes distinguishing between regular authorizations and special authorizations,clarifying the rights and obligations of each functional department and business processes,and improving the pre-review mechanism for independent directors of major related party transactions;pricing of related transactions of financial-related businesses,including ensuring the fairness of the prices of related transactions,Expand the information disclosure system for the pricing of connected transactions and clarify the internal management of the pricing of connected transactions.Finally,from the perspective ofexternal supervision,the safeguard measures for the internal control optimization of financial related transactions are proposed.The innovation of the article lies in the optimization design of internal control system from three basic levels: defined transaction disclosure,related party transaction pricing and related party transaction authorization.Finally,in order to achieve the purpose and steps of internal control optimization of related party transactions,it provides constructive opinions for enterprises that conduct financial services,and has guiding significance for other company-type financial services.