Enterprise Risk Management Based Internal Control

Modern market economy is full of uncertainty, how to identify and control risk the survival and development become an important part. China is undergoing economic restructuring, in this context, improving the enterprise's internal control system, and to enhance the level of risk management has become a top priority.Enron, WorldCom and other major scandals, the U.S. Congress passed the "Sarbanes-Oxley" Act to force businesses to establish internal control system, improve risk management. Since 2005, the CSRC, SASAC Shanghai and Shenzhen Stock Exchange and listed companies, respectively, and the central enterprises for the introduction of the more than regulations, and establish a sound internal control system.2008, five ministries of China jointly promulgated the "internal control practices" for China enterprises to establish internal control standards and framework provides the basis for a landmark. Our "norm" is in the framework of the five elements, but the content is reflected in the COSO risk management framework of the eight elements of content, combined with our national conditions, the content of risk management into one.However, due to "norms" and their "support guidelines" released not a long time, many enterprises in the establishment of new internal controls and to explore the specific application of the above are still in the state, mainly due to the impact of the traditional internal control that is based on the internal control on a series of rules and regulations, internal controls have not upgraded to a high degree of risk management, the lack of risk management awareness. Based on this situation, which leads to the contents of this study.This paper reviews the domestic and foreign scholars for the internal control and risk management research and development status, and on the basis of this theory point out that risk management is integrated into the internal control, internal control development. Then introduces the specification of the five elements of internal control, their relationship is an interrelated whole, and throughout the enterprise business process throughout the production. Finally, case studies, to Guodian, for example, based on our business practices, combined with the aforementioned theoretical framework of internal control and internal control of the content analysis of relevant laws and regulations, from the perspective of risk management in the enterprise group are summarized in the existence of internal control the main problem.In this paper, based on risk management of the internal control system is conducive to deepening the internal control theory, for internal control and risk management of construction has a certain significance.