Internal Control Issues Of Social Insurance Agencies

Social insurance system is one of basic social security systems of China. And the Social insurance fund is the money for people's basic life .So the social insurance fund management is related to the harmony and stability of the whole society. Therefore, to the social insurance fund, the security is the most important principle. As the administrator of the Social insurance fund ,the social insurance agencies must establish and strengthen its internal control mechanism, in order to ensure the safety of social security.In recent years, to establish a more useful internal control mechanism of social insurance has become an important task of the government. The social insurance institutions, in particular the corporate pension insurance agencies has pay much attention to this task and has taken some measures to gradually establish the internal control mechanism. But there are still many problems, such as Weak awareness, management without regulation. As a result, the internal control and related theoretical research are all at its initial stage of development.According to the situation of pension insurance agency's internal control in Jinan City, This paper explores to establish a internal control system with legal operation, scientific management, effective monitoring, and strict evaluation. This paper will analyze the weaknesses and problems of the internal control. On the base of the actual work of the pension insurance agency's internal control of Jinan City, this paper is aimed at the establishment of pension insurance agency's internal control through existing old-age insurance system and the management of business.The first part of this paper is the concept and the characteristics of the social insurance agencies and their internal control mechanisms, as well as its important position in the various management measures of the agencies. In the second part, the paper will examine the situation of the insurance agency's financial accounting processes and internal control, and then discuss the connecting problems of it. In the third part, the paper will discuss the basic principles of the enterprise pension insurance agency's internal controls, including the legal principle, the scientific principle, the binding principle, and the continuity principle. In the ending part, this paper offered several basic measures to improve the internal control of the enterprise pension insurance agencies, including to improve the organizational structure of internal control and information systems management, to strengthen the operational control and financial accounting management, and to strengthen the management and supervision of the internal controls.The aim of this paper is to form a internal control mechanisms with the idea of " transfer from financial regulators to the operational control", and "business regulatory and financial control are of equal importance".As China's economic and social development and the continuous enhancing the level of the social security system, people have further deepen there understanding on social insurance to. Such a situation has given more requirements to the social insurance services. Based on the internal control system situation of the social insurance agencies, this article give some recommendation with having applied to practical work, so there must be many shortcomings. What's more, the situation of internal control mechanisms is changing continuously, the analyses of this paper is short of a developing eye.