Study On Internal Control Of V Company

In recent several years, China put heavy emphasis to the theory of internal control, and issued a series of specifications and guidance. It pushes the establishment and improvement of internal controls in enterprises. V Company is a wholely owned foreign enterprises (WOFE) engaged in machinery manufacturing. Considering some problems encountered in the developing process of V Company, base on some questionnaires, analysis, interviews and also the using of some other methods,the thesis trys to analyze the internal control issues occured. The thesis provides suggestions for internal control improvement in V Company which supported by the latest theoretical guidelines.This thesis contains four chapters. The first chapter is an introduction, describes the background, ideas and methods. The second chapter introduces the theory of internal control, include the principle, objectives, the content and methods etc. Chapter III, introduced the basic situation of V company at first, and then made a survey to understand the overview of the internal control in the group, analysed and improved the questionnaire, finally let it become the basis for group internal audit. After that highlighted several weak areas and their reasons in V Company. The last chapter gave out the improvement suggestions.