Case Study On Internal Control Of Compony N’s R&D Project

In recent years,China’s intelligent manufacturing industry has entered a stage of high quality development,which is a major transition period of mode transformation and structure adjustment.At present,the industry takes intelligent manufacturing as the main direction,takes the deep integration of industrialization and information as the development idea,promotes the deepening development of the industry towards digitalization,intelligence,lightweight and humanization,optimizes the development layout of the manufacturing industry in the new era and promotes the transformation of the development concept.As the core business of high-tech enterprises,research and development plays an important role in the current industrial transformation.At the same time,the sudden outbreak of COVID-19 has also brought challenges to business operations,which will increase the risk of business operation and research and development,and the shutdown and isolation caused by the epidemic will also affect normal research and development activities.In order to cope with these major challenges and ensure the smooth development of R&D activities,it is imperative to establish and improve the internal control system of N Company.In this thesis,N Company,a representative small and medium-sized high-tech enterprise,is selected as the case study object,the internal control process of its R&D activities is studied,the effectiveness and existing problems established in the design and operation of the internal control system of N company are analyzed,and the corresponding suggestions are put forward,so as to provide meaningful reference for other similar enterprises.First of all,this thesis reviews the literature related to internal control and R&D activities,and then explains the connotation and objectives of R&D activities,as well as the key risk points and management methods of several processes of R&D activities.This thesis introduces the basic situation of N Company,deeply analyzes the current situation of internal control of R & D activities of N company,and makes a detailed statement on the internal control process and risk management matrix of R & D activities of N Company from the five links of project initiation,project development,project closure,transformation of R & D results and intellectual property protection.After a comprehensive understanding of the design and implementation of the internal control system for R & D activities of N Company,this thesis believes that there is no risk of material misstatement in the internal control of R& D activities of N company on the whole,which plays the overall purpose of maintaining the normal operation of the company’s R & D activities,and points out its achievements,but there are inevitably some problems in the design and implementation of the system.The fourth part of this thesis analyzes the existing problems in the internal control of R&D in the above several links,such as imperfect R&D demand management,insufficient consideration of project feasibility assessment,not classified project management,budget control to be strengthened,cost control and R&D expense control to be improved,information transmission and communication is not smooth,etc.And from the overall analysis of the causes of these problems.Based on the above analysis of the internal control status quo of R& D activities of N Company,this thesis puts forward some targeted suggestions,such as improving R & D demand management,improving the adequacy of feasibility studies,determining approval standards according to project levels,improving budget control,strengthening expense management and cost control,and building smooth information transmission and communication channels.Based on the perspective of a small high-tech enterprise,this thesis selected research and development activities,which are relatively rare in the field of internal control,with certain innovation.Meanwhile,the targeted suggestions pointed out in this thesis are expected to help improve the effectiveness of internal control of N company’s research and development activities,and can also bring certain reference significance to similar enterprises.