Research On Internal Accounting Control Optimization In CIMC

In 2010, China's GDP exceeds Japan and becomes the 2nd economy country over the world. Enterprise as the social economic unit in China develops itself in the way of conglomeration. The future growth of national economy and international competitiveness will greatly rely on the development of enterprise collectivize. But misconduct like accounting fraud, economic crime, and accounting information distortion had made business giants collapsed in one day, such cases happened on famous companies like Enron, WorldCom and also local companies like Lan-tian stock and Yinguangxia etc. It destroys the development of the social economy and shame the name of accounting credential. So, it's significant to keep it on the continuous and orderly development of the social economy and rebuild the reputation of finance profession by strengthening internal accounting control, especially the internal accounting control of enterprise collectivize and improving the quality of accounting information.In the first part, the essay introduce the background of CIMC, and then analyze the problem in the internal accounting control of the group and find out the root cause for the problem. Based on the internal accounting control theory, the essay defines the responsibility of the accounting management of the group and make out the integrated plan for group internal accounting control. Regarding the group enterprise is different from single enterprise legal person, the essay gives out the solution to organize and optimize the internal accounting control system of CIMC through 15 elements of internal accounting control, they are Financial governance structure control, Control of accounting organizations, Control of accounting staff, Control of the accounting system, Financial budget control, Control of financial reporting information, fund control, control of investment, price control, Tax Control, Financial Risk Control, Important matters reporting control, Informational control of financial information, Financial cultural control, Control of financial indicators.To make the internal accounting control adapt to marketing environment change, CIMC's internal accounting control operating in 4 sectors of Plan, Do, Check and Action by referring PDCA circular management mechanism. The methodology will apply in all 15 control elements and each of them exists as microcirculation. All 15 microcirculation make the whole CIMC internal accounting control system which ensures the group grow in healthy way.Based on the actual situation of CIMC, the author tries to find a solution to fine-tune the problem in current internal accounting system, which is meaning for both CIMC and the author. Based on the single enterprise accounting control experience, the essay raised out the idea on group enterprise internal finance control plan, which could be the reference for the other finance staff of the group to study and optimize the internal finance control.