The Research On Internal Control In Changsha Enn Gas Co., Ltd

Nothing can be done without certain rules or regulations. The internal control measures are exactly the rules that ensure the operation and the growth of an enterprise. It has been practically approved that the whole operation practice is subject to the internal control activity. All resources and factors are organically assembled together to ensure the healthy and sustainable development of the enterprise. As a result, the enterprise can resist various operation risks to reach an invincible position with internal control functions as a firewall to endow itself percolation and immunity. Therefore, it is earnestly needed that enterprises strengthen their internal control measures to establish the modern enterprise system.Internal control system is the outcome of the development of social economy, and it is also the important means for modern enterprise management. The concept of modern internal control system is initially put forward by US CPA association at 30's last century. In the modern society with information industry plays as an active role, effective internal control measures can not only stabilize reasonable configuration of resource and enhance the productivity of labor, but also prevent irregularity and decrease loss to speed the circulation of capital. Internal control system has already become an important symbol to assess the degree of modern enterprise management. Above all, it is very important that enterprises strengthen internal control system to consummate business management structure and information disclosure system, thus to protect the legal rights of the investors and to ensure the efficient operation of the business.At present, energy has already become the focus of the world economy, and the development of new energy is on the up. The adjustment of the structure of global energy industry provides historic opportunity for Chinese energy enterprises to emerge as an active role on the world stage. Changsha Xinao Gas Co., Ltd., combined with conception and analysis of actual situation and internal and external environment of the company, conducted full implementation of proactive risk management and internal controls in accordance with COSO framework for reporting, recognized that policy changes, gas supply configuration and health and safety dangers are the most risks that the company faced at this stage. Followed with this, effective countermeasures have been made on improvement after scientific methods of analysis are adopted for risk identification and analysis. Changsha Xinao Gas Co., Ltd., with its advantage on resource and transformation with the environment, fits the trend of the age to put forward new business strategy and company culture and philosophy. After several years of hard struggle, sustainable progress has been made on business operation and development under the guidance of the combination of internal control system and concrete practice on business operation.