Research On Enterprise-Wide Risk Management Of Non-Financial Enterprise Base On Internal Control

With the globalization of economy and informationization improvement, there are many examples that non-financial enterprises failed because of the invalid risk management. Risk management has become the key factor in non-financial enterprises survival. How to prevent risks and ensure the healthy and rapid development, it has become a non-financial enterprises must seriously and research topic.Risk management has become the key work in overseas enterprises.In October 2004, COSO published the A comprehensive enterprise risk management - the whole framework . This not only expands the internal control, and pay more attention to the enterprise risk management. Our risk management theory and practice is relatively backward. Enterprise needs to improve the level of risk management. Our non-financial enterprises need to risk management . Effective risk management for enterprise can create value. The risks of non-financial enterprises in China has become more and more. Meanwhile, all kinds of major risk events are frequent happen, Non-financial enterprises in China should draw lessons. After risk events, big foreign company continuously improve their level of risk management. Therefore, our enterprise in this context, if want to in the fierce international competition for survival and development, must strengthen and risk management, and establish the risk management system and improve the ability to resist risk. So based on the study of the internal control and risk management theory, I discuss non-financial enterprises to establish an effective overall risk management system in this paper. Based on the analysis of domestic and foreign scholars put forward on the basis of the theory, this paper expounds the risk management and internal control theory, and puts forward the relevant risk management is the continuation of the internal control and extension. At the same time, on the analysis of the overall risk management in non-financial enterprises the existing problems and reasons of jilin province, based on a combination of non-financial enterprises, I put forward non-financial enterprises constructing overall risk management system of the specific steps. The paper has six chapters. Chapter 1, introduction; Chapter 2, the correlation study on enterprise internal control and risk management ; Chapter 3, research on establishing the risk system of non-financial enterprises; Chapter 4, case analysis of B enterprise of Jilin ;Chapter 5, conclusions and prospected.Chapter 1 , introduces the background of this study, the research purpose and meaning, content and methods of basic questions.Chapter 2, the theory associated with risk management, internal control concepts and theories were reviewed, discussed .This reserch provides theoretical support for the writing of this article.Chapter 3, through further research, clear non-financial internal control and risk management situation, problems, and the cause of the problem of the formation. Also, this chapter proposes the establishment of a comprehensive risk management system specific steps: first, preparatory work, the steps in the development of the relevant documents, training of staff, presented the work of various departments and the establishment of a risk system implementation steps; second step , initial information gathering, the formation process directory, the risk classification frameworks, process weight; the third step, risk identification, from both process and non process to identify, form a list of risks; the fourth step, risk assessment, risk probability from the size of both the extent and impact evaluation of the risk points to the risk, the risk of the formation of the unit list, a final list of significant risks; the fifth step, a significant risk analysis and response strategy, the main work of this phase are: (1) on all units reported a significant risk for in-depth analysis. (2) determine the risk response plan. Directional analysis of risk maps, risk analysis of major, major risk appetite, tolerance and early warning indicators of value.Chapter 4, based on an example of Enterprise Group B, Jilin Province ,I reseach the establishment of a comprehensive risk management system. In theory, comprehensive risk management, including improved governance structure, organizational settings, the general risk factors and key risk identification and refinement of risk assessment, significant risks identified, to determine risk management strategies, development of risk solutions, and so on. The key is how to combine the specific circumstances of Jilin Province, combined with the specific circumstances of enterprise groups, the theory to practice,.Chapter 5 summarizes this point of view, put forward enough. Pointed out that the establishment of a comprehensive risk management system can not be applied to all steps of non-financial enterprises, need a special case since more research to further improve.This thesis can help non-financial enterprises to improve capability against risks ,it has strong practical significance. It offers a complete and operable case for related research. At the same time, it helps the government supervise the risk management system of non-financial enterprises.