Research On The Improvement Of Purchasing Internal Control Of Sinohydro Bureau 8 CO.LTD

With the continuous fierce market competition in our nation,the various rules and regulations of firms are also being gradually perfected,which propels higher requirements for the daily management of construction enterprises,now the management mode of the enterprise is developing towards the direction of systematization and standardization.Facing the competitive market environment,internal control,as an important basis for the healthy development of enterprises,is the key support for the sustainable development of enterprises,and is an eternal topic for all walks of life.To some extent,strengthening the internal control of raw material purchase and supply has promoted the market competitiveness of enterprises and provided the most favorable guarantee for increasing the profitability of enterprises.Taking SINOHYDRO BUREAU 8 CO.LTD as the case of enterprises,this article analyzes its internal controls on procurement,and makes relevant optimization suggestions.this article puts forward ideas to establish and improve its theoretical system of internal control,and promotes the enterprise management level and the comprehensive strength.Thus reduces the purchase risk,enhances the management efficiency and the effect.The research framework:First,it makes a literature review,focuses on the analysis of the internal control background in procurement,and explores its significance with the help of academic achievements of scholars.Second,the use of relevant internal control theory,while considering the characteristics of the industry and the situation of the research object,the overall study of procurement of internal control related problems,and explore the reasons for the problems.Third,for the problems,corresponding Suggestions for improvement,and finally get the conclusion and inspiration.SINOHYDRO BUREAU 8 CO.LTD is a typical representative in the large state-owned construction enterprises,facing the fierce market competition,while winning the market share and realizing the high return,the procurement risk also gradually appears.Based on objective facts,this article will combine theory and practice,with SINOHYDRO BUREAU 8 CO.LTD as the research object,analyzes SINOHYDRO BUREAU 8 CO.LTD of the status of the procurement management,in-depth understanding of its procurement business process,focusing on the analysis of the internal control of construction enterprises procurement status quo,the application of relevant internal control theory,from which to find defects,and then combined with the existing theoretical knowledge to make improvement proposals,hoping to provide ideas for china’s construction enterprises procurement internal control research.