Research On Internal Control Optimization Of Company B Based On COSO Framework

In recent years,the Ministry of Finance,in conjunction with relevant departments such as the China Securities Regulatory Commission,has continuously improved the internal control standard system for enterprises,gradually established an internal control implementation mechanism for listed companies,certified public accountant audits,and government supervision promotion,focusing on promoting listed companies to improve their internal control level.The overall implementation of internal control standards by listed companies has achieved certain results.Guo Fa[2020] Document No.14 clearly proposes to "strictly implement the internal control system of listed companies,accelerate the implementation of internal control standardization system,and improve the effectiveness of internal control".The document No.30 [2021] issued by the State Council requires "further clarification of requirements for accounting,internal control,and information construction".Company B is a listed information service industry company that,in the face of regulatory requirements,needs to improve its internal control level through internal control optimization.In addition,Company B is a listed company on the Chi Next board and belongs to the information technology service industry.Under the high attention and supervision of relevant departments,it faces various attention letters and inquiry letters from regulatory authorities,how to optimize and enhance the company’s internal control has become a problem that the company must face and solve.This article is based on the COSO framework,combined with the "Enterprise Internal Control Standards",application guidelines,and the internal control system of Company B,combined with relevant theories of company internal control,and using research methods such as literature research and case studies on evaluation and optimization of company internal control.Starting from the five elements of enterprise internal control,including internal environment,risk assessment,control activities,information and communication,and internal supervision,Analyze the internal control system and actual implementation effect of Company B,and explore how to optimize internal control and improve its effectiveness.