Analysis Of Status Quo Of A Company’s Internal Control And Its Economic Consequence

The manufacturing industry is the pillar and source of power for the development of our national economy.However,with the increasing complexity of the current world economic development situation,the development and competition of the manufacturing industry are becoming more and more fierce.In the face of increasingly fierce competition,strengthening the company’s internal management has become the key to enhancing the competitiveness of enterprises.Therefore,manufacturing enterprises establish a good internal control system,make full use of internal control management methods,and strengthen the effective management and control of the entire business and the entire process of the enterprise.This will not only help improve the profitability of the enterprise,reduce operational risks,but also contribute to the development of the enterprise.Growth also plays an extremely important role.As a major manufacturing province in China,Shandong Province has a pivotal position in our country.As the leading manufacturing enterprise in Shandong Province,Company A is the object of learning and reference for many enterprises in the industry.Therefore,this paper takes A company as the research object.First,this paper introduces and elaborates the development background of A company,and analyzes the current situation of A company’s internal control using the company’s departmental structure diagram and the internal control index published by the DIB internal control and risk database.,By comparing the difference with the industry average level,we have a deeper understanding of the development of company A’s internal control.Secondly,on the basis of understanding the company’s internal control overview,analyze and explore the factors that affect the company’s internal control to further understand the current situation and reasons of A company’s internal control construction.Then,analyze the economic consequences of company A’s internal control,mainly using descriptive statistical methods.Based on financial analysis,the economic consequences of the company’s internal control from the four perspectives of corporate operating ability,solvency,profitability and growth ability Perform analysis.Finally,summarize the specific deficiencies in company A’s internal control and propose countermeasures to optimize company A’s internal control system.By optimizing the company’s internal control environment,improving the risk assessment mechanism,and improving communication efficiency,it tries to help A company build a more complete internal control system.Control system to promote the effective implementation of its internal control.The research conclusions of this article can provide experience and guidance for other related enterprises,which is beneficial to the further development of Shandong Province and the whole country’s manufacturing industry,and has far-reaching practical significance.