Research On Optimization Of Internal Control System Of H Company

In order to further put into practice the important instructions of the Party and the State on resisting and addressing risk challenges and promoting economic and social development,it is important to continuously use the internal control system to strengthen the management foundation of central enterprises.In 2019,the State-owned Assets Supervision and Administration Commission of the State Council issued Document 101,proposing several propositions to strengthen the construction and inspection of the internal control system of central enterprises.Specifically,a sound,tight,standard,complete and powerful internal control system should be established,with emphasis on risk management control and compliance supervision and inspection.Deepen the ideology of internal control,urge the unit to promote various operations in accordance with the requirements of laws and regulations,and improve the overall effectiveness of the internal control system.In the process of promoting the construction and improvement of the unit’s internal control system,it is crucial to summarize the practical experience in the construction of the internal control system.In-depth study and analysis of the practical cases of the construction of the internal control system of enterprises is of great significance to promote the healthy and stable development of enterprises and realize the excellence and strength of state-owned capital.The objective of this study is to investigate and analyze the obstacles in the operation of the internal control system of Company H and its optimization path.First,literature research is used to carry out the work of summarizing and organizing the doctrinal ideas of internal control system construction at home and abroad.The relevant domestic and overseas literature on why internal control is important,what elements it is subject to,how it is evaluated and how it is established and sound is reviewed,and the results related to internal control and risk management theories are elaborated to provide sufficient theoretical knowledge to support the following study.Second,a case study is used to assess the effectiveness of internal control planning and implementation in Company H.The basic situation and organizational structure of Company H are introduced,and the construction and testing operation of the internal control system are described in detail in terms of governance environment,risk setting,activity execution,information communication and internal monitoring,and some deficiencies exposed by the implementation and application of the internal control system in Company H are concluded in response to these,including weak internal control environment,insufficient risk warning capability,insufficient rigorous business operation,insufficient standardized information communication and The lack of supervision and management.Finally,the study proposes measures to optimize the internal control system of Company H: improving internal governance culture,upgrading risk assessment methods,standardizing key business activities,optimizing information transmission mechanisms,and establishing a reasonable monitoring system.This study is conducive to the establishment of a sound enterprise internal control system,and can give some practical experience in building an internal control system for competitive subjects in the market economy.China’s economy has maintained high growth for many years,which has provided rich experience material for the construction of internal control system.The optimization of the internal control system should not only follow the traditional internal control framework,but should be relevant to China’s reality,explore the governance ideas of internal control of similar enterprises according to the needs of enterprise management practice,and build an internal control specification system with Chinese characteristics.