Research On Optimization Of Internal Control System Of TS Company

With the nationwide implementation of a series of internal control documents,such as the internal control" and the“enterprise internal control evaluation guide”,listed companies,state-owned and state-holding companies are required to carry out internal control management under effective evaluation,Which improves the standardization of the company’s operation and promotes the company’s risk management to a large extent,hence improved the management level of companies.However,there is no mandatory internal control requirement from the policy level for unlisted companies and the majority of small and medium-sized enterprises.With the needs of social and economic development and market competition,many unlisted companies and small and medium-sized enterprises begin to generate internal demand for the improvement of internal control management.This paper is based on the current management situation of TS Company,a non-listed mixed ownership enterprise in manufacturing industry with the needs of improving the management level and operation compliance,management efficiency and economic benefits.By using the methods of literature research,investigation and interview,this paper begins with the study of the relevant theories of internal control at home and abroad,combs the development of internal control theory,and makes a brief analysis of the current situation.And then,according to the relevant theories,this paper makes a detailed study on the current situation of TS Company’s internal control,through in-depth field investigation,interviews with relevant management or key personnel,studies the problems existed in the internal control management,and describes the internal control environment,risk assessment,control activities,information and communication,internal supervision,etc.Then,according to the related management theory of internal control,the optimization plan is put forward,and some specific optimization measures and safeguard measures are proposed,which provides a more feasible plan for improving the effectiveness of internal control of TS Company and achieving the company’s business objectives.This paper studies the optimization of the internal control system of TS Company,which is helpful to improve the management status quo,to steady the development,to enhance the management efficiency,and to promote the operation.At the same time,it provides a reference for the improvement of the internal control effectiveness for the small and medium-sized enterprises,especially the unlisted mixed ownership ones which actively strengthen their self-control.It also provides some research ideas of the study of internal control for those enterprises with certain practical significance and theoretical value.