Internal Control Evaluation Research On Municipal Construction Enterprises

With the further development of the new round of industrial revolution and scientific and technological reform,China’s domestic and international development situation has become more complex,and the instability and uncertainty have increased significantly.Opportunities and challenges are also facing new changes.In such a complex and volatile environment,in order to cope with the market shock,many enterprises have begun to build and improve the internal control system,so as to enable enterprises to improve the level of legal and compliance operation and management,and enhance the ability of enterprises to cope with internal and external risks during the global economic downturn.For municipal construction enterprises,relying on their own management to improve the operation level and awareness of crisis warning,and being brave to take the opportunity from the danger and make a new start from the change,have more profound practical significance in the new development stage.Therefore,based on the typicality of the case and the availability of data,and taking a municipal construction enterprise X Company in Chengdu as the key research object,we first carried out a specific analysis of the development status of the municipal construction industry.The market size of the municipal construction industry is growing day by day,and the price competition among peers has become the norm.At the same time,the liquidity of employees is high,the financing channels of enterprises are relatively single,and the financial instruments and capital requirements are not compatible,These adverse factors have exerted a negative impact on the sustainable development of enterprises in the municipal construction industry,and fraud and illegal cases occur from time to time in the industry.Therefore,the establishment of a sound and efficient internal control standard system has become an important means to improve the core competitiveness of municipal construction enterprises.Especially under the trend of green,assembly and information industry development,the improvement of internal control quality also provides a basic mechanism guarantee for the innovative development of municipal construction enterprises in the new period of the "Fourteenth Five-Year Plan".Through questionnaires,interviews with enterprises and field investigations,we sorted out the basic status quo and existing problems of internal control of Company X,made a comprehensive evaluation of the five basic elements of internal control and internal control-related activities of Company X,combined with the basic characteristics of internal control of Company X,and used the analytic hierarchy process to clarify the various weights of the internal control evaluation standard index system of Company X,Then the fuzzy comprehensive evaluation method is used to determine the weighted evaluation value of internal control of X Company.The research results show that the overall internal control of X Company,a municipal construction enterprise,is relatively good,but it is still weak in risk assessment and control activities.Although it can effectively identify relevant operational risks,it is still superficial in risk analysis and risk response,unable to dynamically track the risk sources and take forward-looking risk control measures.Finally,this paper will improve the internal control environment,strengthen risk assessment measures The four aspects of improving the internal control supervision and evaluation,improving the information communication and disclosure mechanism put forward specific improvement suggestions for the internal control of Company X,hoping to provide reference cases for the internal control evaluation of municipal construction enterprises in China,and provide improvement direction for the municipal construction industry to strengthen the internal control quality construction,and also make marginal academic contributions to the internal control evaluation research.