Research On The Internal Control Improvements Of Q Company Based On The COSO Framework

Under the new economic normal of China,China requires high-quality development,the trend of restructuring and upgrading is more urgent.Under the background,the construction service industry,characterized by technology and talent-intensive,is developing gradually.The location of this company was incorporated into the national economic and technological development zone in 2001.which has bring unprecedented development opportunities and resources to the development of enterprises.In order to seize this development opportunity,Q company began to reform internal control management.This paper first analyzes the current operation situation and internal control management content of Q company,mainly on the operating efficiency,business scope,industry qualification,corporate culture,organizational structure,human resources management and annual work plan and other indicators,so as to understand the development status of Q company,industry characteristics and market position.On the basis of the previous work,using the COSO internal control framework,combined with the actual situation of enterprises,the questionnaire was prepared and distributed.Then use SPSS21.0 to test the reliability and effectiveness of the data in order to verify the reliability of the survey data.Based on the COSO internal control framework,this paper combs the five aspects of Q company,internal control environment,internal control activities,supervision,information and communication,risk assessment,and finds that the company has the following problems: The functions of the enterprise supervisor can not be effectively played;the staff salary,performance appraisal and promotion are not satisfactory;the supervision role of the internal audit of the enterprise is weak;the internal control process of the enterprise needs to be perfected;the internal communication and interaction is insufficient;the sense of ownership is weak,and the risk assessment mechanism is lacking.Based on the above problems,this paper puts forward the optimization direction and improvement measures of Q’s internal control from the aspects of creating internal control environment,optimizing internal control means,effectively exerting internal supervision,promoting internal communication and perfecting risk assessment process.Based on the above problems,this paper puts forward the optimization direction and improvement measures from the five aspects of creating the internal control environment,optimizing the internal control means,effectively exerting the internal supervision,promoting the internal communication and perfecting the risk assessment process,improving furtherly Q company’s internal control level and management efficiency,improving the management level of enterprises in the construction service industry.