Construction Of Internal Control Design

When developing the modern corporation management system in socialism market economy, we are faceing the following 2 essence challenge: how to adapt the changing of outside environment and how to enhance efficient harmony utilization of inside corporate resource. Considering any adaption of environment is based on the efficient harmony utilization of resource, thus to improve the internal control is not only the requirement of basic corporate management, but also is for continued development. The internal control become more and more impotant factor in the management,As an essence management profile, the purpose of the internal comtrol is to insure the safety of assets; to guarantee the reliability of reporting system, the compliance of legislation and policy; and to improve the efficiency and effectiveness of operation.Construction business is an important factor in the economy. But Chinese Construction Company is still running in a low management level. In a long past period, considering the lack of perfect internal control system, Chinese construction company bear the pressure of low margin, high debt rate and tight cash flow. After China enter the WTO, more and more world famouse construction company play in same market with Chinese rival, the high level internal control become a key factor for success in the competition, also because of the cost management reform which spark stringent requirement of perfect internal control, we must say it is already an urgent challenge to develop a effective internal control system when we hope to win in the world class competition.With lots of reference of before research, writer analyzed the developoing of internal control theory in western and China, reviewed the conception, target and inscape of internal control in this article, and then analyzed the key link of construction company operation, finally draw detailed description in Chinese construction internal control practice.There are 5 chapters. The first chapter is for review of internal control theory in western and china. The second chapter analyzed the Chinese construction company and tries to find out the challenge of internal control in Chinese construction. The third chapter set the principal and basic methodology of Chinese Construction Company's internal control. The forth chapter describe the detailed internal control in key 7 links of Chinese construction company's operation, including procurement and payment, project design and building, funds control, material and assets, income recognizing, supplier management and settlement control. In the chapter 5, it is development analysis of internal control in Construction Company.