Evaluation Of The Internal Control Effectiveness Of Shenhua Z Group Corporation

As our economy enters the new normal,the transformation and modernisation of industry becomes the priority of economic development and the in-depth supply-side reform advances in all respects,the environment in which coal companies operate becomes more difficult.In particular,in recent years,our country has attached great importance to energy saving and environmental protection,and has drawn up and introduced a number of energy saving and emission reduction policies,which impose greater demands on coal undertakings on energy savings and environmental protection.As a company primarily dependent on coal resources for its development,the restructuring of the national industrial structure and the constant introduction of new energy sources,the market environment is becoming increasingly complex,the company of the Shenhua Z group must strengthen its internal control,improving its level of internal control and strengthening its management capacity,only then can it achieve considerable development.Shenhua Z corp,understanding Shenhua Z corp conditions of internal control,selecting indicators for scientific evaluation,built on the basis of this model of evaluation of internal control effectiveness,seduced by Shenhua Z group,the overall effectiveness of internal control at generally close to better completion;however,problems remain such as poor understanding of internal control,lack of awareness of the management of risk assessment,lack of detailed assessment criteria for the implementation of the internal control system,inadequate transmission and communication of information,the inadequacy of mutual oversight mechanisms and the brain drain.Therefore,initiatives are proposed to improve internal control of the company,optimizing the internal control environment,optimizing and improving the management of risk assessment,increasing the enforcement force of control activities,increasing information and communication efficiency,strengthening the regulatory function of control internal and focusing on the training of personnel.By means of a study,whether Shenhua Z corp guides the effectiveness of internal scientific evaluation control,building the complete internal control system and,on the one hand,can meet the development requirements of enterprises,on the other hand,improve the management capacity of enterprises,increase the level of risk prevention,risks of keeping companies at low levels strengthening the competitive position of the industry.