Research On The Internal Control Of G Group’s Monetary Capital

The fierce degree of competition in the modern economic market is becoming increasingly severe.The enterprises that can continue to grow steadily for decades are few and far between.At the same time,the occurrence of financial fraud and fraud incidents,resulting in the occurrence of devastating disasters of enterprises also happens from time to time.As the so-called internal strength is to resist the external enemy,enterprises in order to have a place in the market and long-term development,in addition to the production of excellent quality products,to provide services in line with the market needs,but also to strengthen their own internal management,on the basis of preventing loopholes and risks to improve the efficiency of internal management operation.The management scope of enterprise internal control covers a wide range.This paper mainly studies and discusses the internal control management of monetary funds.As the lifeblood of an enterprise,monetary capital flows through all aspects of the whole production and operation activities.As the largest asset of an enterprise,monetary capital has the strongest liquidity,the highest risk degree,and the most complex monitoring process.which is one of the most difficult risk points to manage and monitor.Therefore,its supervision is the key content of the internal management of an enterprise.This paper takes the implementation of internal control of monetary funds of G Group as the research object,through consulting and sorting out a large number of domestic and foreign relevant literature,find the theoretical basis and foundation for in-depth investigation.Conducts field visits and surveys,collect and sort out the brief overview of G Group and the current internal control of monetary funds,concludes and summarizes,and identifies potential risks of monetary funds according to the operation process of the Group.With contingency theory and the COSO internal control framework and relevant theory,on the basis of fuzzy comprehensive evaluation method,the five elements in the COSO internal control framework as the breakthrough point,using the analytic hierarchy process to determine the importance judgment matrix of different elements at the same level,calculate the weight coefficient of the elements,evaluate and score the design and execution of the internal control of monetary funds successively,and get the scoring results of the five elements of internal control.The problems in the control environment,risk evaluation,control activities,information linking and monitoring activities in the internal management of monetary funds of G Group were pointed out one by one.This paper combs and integrates the theories of internal control of monetary funds of scholars at home and abroad,which replenishes the theoretical basis of research.This paper expounds,evaluates and analyzes the development situation,operation process,system design and implementation of monetary fund internal control of G Group,which has large monetary fund circulation every year.It points out some imperfections,irregularities and urgent problems in the aspects of revenue and expenditure activities,budget control,Internal supervision and audit,asset management and preservation,risk management and response measures,information transmission and anti-fraud,personnel management and system formulation and popularization.And in view of the problem in-depth analysis,put forward the corresponding improvement measures and optimization scheme.For G group to build a set of practical and development needs of the internal control of monetary fund management solutions,to improve the level of G Group’s fund management to provide some theoretical suggestions and reference.This paper hopes to make up for the current situation that the internal control of corporate monetary funds mainly focuses on the effectiveness of implementation.While focusing on the implementation effect,it also pays attention to the effectiveness of the design of internal control,and explores it,strive to form a classic case of monetary funds internal control management,for the same industry other enterprise in the internal control of monetary fund management system of the formulation and implementation to provide certain theory reference and guidance in field.