Study On Internal Control Of Financial Sharing Center Of W Company

The Financial Sharing Center is a specialized service management model based on information technology,providing assistance to enterprises in optimizing organizational structure,standardizing processes,and improving information systems.Although many companies have already established financial sharing centers,the maturity of domestic financial sharing centers is still relatively low,with problems such as incomplete internal control establishment and inadequate risk control.Although financial sharing centers can reduce financial risks for enterprises,they also bring risks and hidden dangers.If risks cannot be effectively prevented and controlled,It has negative influence on enterprise’s sustainable development.Therefore,we should focus on Financial Sharing Center,improve Internal Control System in Financial Sharing Center,clarify its causes and improve strategies so as to build a more scientific and rational internal control system.In this paper,firstly,an analysis is made on the status quo of domestic and foreign financial sharing theory.On this basis,the basic theory of internal control management mode is elaborated in detail,and the experience about internal control in financial sharing center is summarized and analyzed.After that,further analysis is made on the construction process of financial sharing center in W company as well as the basic position and validity of internal control management.This paper finds out some problems existing in internal control management of financial sharing center of W company,and reveals some basic factors.Through analysis on W company internal control system,we get an overall design concept of W company internal control system,which provides theory foundation for building internal control system.Finally,specific suggestions were provided for the implementation of internal control management in W Company’s financial sharing center from the perspectives of establishing a feedback and evaluation analysis system for information,establishing a sound responsibility system for risk control,constructing risk control assessments,and reward and punishment mechanisms.