Erm Framework-based Telecommunications Enterprise Risk Management System Study

Introduced in 2002,the U.S. Sarbanes-Oxley Act Section 404 clear that the management of listed companies on a sound and effective internal controls is responsible for,and disclose in its annual report and financial report on internal controls related to the annual evaluation report. Therefore, many listed companies in accordance with the requirements established based on the COSO internal control framework. At present, risk management, internal control toword the direction of development, access to enterprise risk management(ERM) phase of the overall framework. This stage covers the important content of the internal control framework, highlighting the focus on enterprise risk control to require companies to focus on significant risk areas, the internal controls of risk management as the main contents and objectives. At present, most enterprises in this area has just begun, risk management system has not been fully completed.The thesis introduces author's experience in the business management practice, in conjunction with enterprise environment and status of internal control within the enterprise risk management system to build, and have achieved a certain degree of effectiveness. In this thesis, SXMCC, for example, use the ERM management model and reseach tools, combined with the company Full Service development strategy, risk management system for its design as a way to effectively prevent the company operating the various types of risk, drive the company Full Service implementation of the strategy, so that firm's strategic objectives are achieved, The thesis concludes that: In accordance with the generl requirements of ERM framework and corporate strategic objectives to build an enterprise risk management system is a scientific and feasible, and for the operation of enterprises of general significance.