Research On Internal Control Of Financial Sharing Center Of YA Company

With the continuous expansion of the scale of enterprise groups,enterprises are facing more and more problems,such as complex organizational structure,high financial cost,low efficiency of management and implementation,incomplete internal management and supervision and so on.Most companies have started to financial sharing centers in an attempt to boost their productivity and reduce costs.In order to achieve the scale effect of accounting,we can upgrade or financial strategy by using advanced technologies such as big data,Internet plus and cloud computing.Although the risk of traditional finance is reduced,the original internal control of the enterprise does not keep pace with the times.Therefore,while implementing financial sharing,the enterprise needs to build a set of relatively perfect internal control measures to ensure the safe and efficient operation of the Financial Sharing Center.This paper presents the current status of internal control in the financial sharing centre of YA company,analysis the relevant theories and summarizes the current circumstances of YA company,and then calculates the effectiveness scores regarding various dimensions for YA company’s internal control of financial sharing center by means of field survey and questionnaire distribution using analytic hierarchy process.The preliminary results show that the internal control of YA’s financial sharing center suffers from inadequate internal environment control.Based on the current situation of YA company,we propose several measures to improve the internal control environment,establish a risk early warning and evaluation mechanism,streamline control activities,enhance information communication,and improve the internal supervision system.Significance of this study is that it reveals the problems of internal control with appropriate policy recommendations,refines the relevant theoretical research and current situation on internal control of financial sharing center and enhance the enterprise competitiveness of Ya company.It improves the current research theory on the internal control of Financial Sharing Center in China,and provides reference and help for other enterprises in the construction of Financial Sharing Center on the possible risks of internal control such as organizational structure human resources,risk identification and response,operation analysis and performance evaluation,information transmission and communication,supervision mechanism and so on.