Research On The Issue Of Internal Control Disclosure Information Of Chinese Listed Companies

After Sarbanes-Oxley bill was promulgated, the Internal Control Information Disclosure of American experienced a proceed from voluntary disclosure to the mandatory disclosure. In the 2006《Shanghai Stock Exchange Internal Control guidelines》《, Shenzhen Stock Exchange Internal Control guidelines》(in the following they are shorten to《guidelines》) and the specific requests to Internal Control Information Disclosure offered by the new audit rules made the mandatory's request to Internal Control Information disclosure for our country is not only refer to securities companies, commercial banks and insurance companies, but also to the all listed companies So Internal Control and the Information Disclosure have become the heat topic of accounting circles both inside and outside in general.For our part, after all, the internal control information disclosure starts late, although it has put forward mandatory request to the internal control information disclosure after the promulgated of the two《guidelines》,but due to the reason that people are in the junior knowing stage of the importance of the internal control information disclosure. Mainly based on the above considerations, the author studies the existing regulations on the disclosure of information of the internal control status and analyses the reasons for this situation, as well as making relevant recommendations according to the existing these deficiencies.This text has been divided into six parts, in the first part the text reviews at the disclosure of internal control information's issue on the status both at home and abroad, as this paper the background to the study. The second part analyses the internal controls related to the disclosure of information theory, which shows that the internal control of disclosure of information's request and usefulness. The third and the forth part of the article study and analyses our internal control information on the disclosure, the author has selected 80 companies which listed in Shanghai Stock Exchange and the Shenzhen Stock Exchange. During the period of the samples'analysis, it used the descriptive statistics method to analyze the China's internal control disclosure of information the current status. For such reasons of causing the status, the author analyzed two main aspects: objective reasons and subjective reasons, objectively speaking, the current relevant laws and regulations to the internal control provisions of the requirements of disclosure of information is not specific, not strictly uniform format. Subjective, the listed companies lack the power of such voluntary disclosure. Accordingly to the above analysis of these issues, the fifth part concludes with a number of internal control to enhance China's Information Quality's recommendations that if only for the reason to strengthen the building of laws and regulations to make it put forward the specific and enforceable requirements for the disclosure of its internal control information, Under the listed company's voluntary inadequate circumstances, we should adopt mandatory measures to require listed companies to disclose internal information and let the management layer see the profit of Internal Control Information Disclosure , And in virtue of these measures, we can hope to improve the quality of information to compensate our internal control building. The sixth part is the summon of all that analyzes the gain and shortage of the text.