A Design Of Internal Control Framework Of Chinese Private Enterprise

Sound and effective internal control is a good method to resolve many potential problems for enterprises. However, consentaneous scholar acquaintance with internal control has not come to yet, and as a whole, the development of internal control is not consummative. Meanwhile, private enterprises develop rapidly in China in recent years, which have already become an important constituent part of Socialist Market Economy. But the life span of many enterprises is very short, and their growth and expanding is anxious. An in-depth and systematic study on internal control of private enterprises has been carried out in this paper, in order to resolve the problems confronted by developing private enterprises with the theory of internal control.Group A is the research object in this article, which is a private enterprise engaged in motorcycle and engine manufacturing. Studying the internal control actuality, form reasons and improving measures of Group A can improve the actuality of the A group's internal control and resist risk. At the same time, it gives reference for other private enterprise to construct their internal control system.There are five chapters in this article, chapter 1 Exordium, introduces the significance of the study and its application, study status in domestic and overseas, as well as the research thinking in this article etc. Chapter 2 compares China' s internal control laws and regulations system with that of the U.S., analyzes the localization lying in the China's system. Chapter 3 analyzes the actuality of the internal control in our country's private enterprise, points out the reasons lie in the weak control, the author makes a conclusion that a consummate framework should be based on corporate governance and control activities must follow the enterprise risk management' guidance. An internal control framework has also been designed for the private enterprise in this chapter. Chapter 4 is case study, under the direction of the private enterprise' internal control framework, combining with the actuality of Group A, the author studies the specific design and the applying of the internal control in Group A. Chapter 5 is the conclusion after studying the above content.