Research On The Application Of Internal Control

The implementation and application to internal control is one of strengthening internal management, which is an important characteristic in the modern enterprise management. Because of the problems to the history and development, in China, market economic is not developed and market system is not improved. Generally, there are many problems: unhealthy environment control, traditional control means, single control objective and insufficient implementation etc. in the internal control for the diversification of enterprise system and irrational governance structure. Military industry is a special industry in China, whose internal control has its specific characteristics in aspects: the system, the organization structure, the management methods, market operation etc. Therefore, the fundamental theory of internal control is the guidance in the practice of internal control in military industry, then analyzing the situation and satisfying with the features and requirements to military enterprise management are to be contributive to the internal control. Based on above understanding, the paper, elaborating the fundamental theory of internal control, illustrates F Company's internal control practice, and analyzes the problems to internal control related.The paper has six parts:First one: an introduction. To introduce the research background, research purpose, research methods and research framework.Second one: fundamental theory of internal control. The part includes the comprehension on internal control by the author, the orientation of internal control objective and the author's viewpoint:①accomplishing organization objective②to obey the policies, the process, regulations and laws③economically and effectively utilize and protect organization resource④ensuring information quality, the elements and the analysis of internal control, the relationship between internal control and accounting internal control. Third one: the analysis on F Company's internal control. Analyzing internal and external characteristics in F Company, pointing out the problems about internal environment, and focusing on accounts receivable, accounts payable, inventory, fixed-assets and current fund etc in F CompanyForth one: the way to strengthen internal control in F Company, which is the key part. Include: reasonably design the objective of internal control, establish fine control environment, the measures to the control of business in circles, and the planning of establishing internal control.Fifth one: to be focused on the several problems about internal control in F Company. It needs a process to eliminate"inertia". The skill is needed to harmonize between the control and the controlled. All kinds of relationships are required to coordinate. The influence of internal control should not be enlarged. And internal control must be implemented.Sixth one: the help to the enterprises in China by the application of internal control in F Company. It is important to establish fine control environment in the practice of internal control. The objective of internal control should relate the company condition. It is the key to find out the key control in the business procedures. Internal control should step by step. And the implementation is the life-force to apply internal control.The outlooks in the sixth part, at the same time, are the main contribution of the paper.