Research On Optimization Of Internal Control Processes In QY Company

Along with the publish of "Sarbanes-Oxley Act" of United State, the construction of Internal Control System was developed gradually in CNPC (Chinese National Petroleum Corp.). The Internal Control System which based on COSO framework was established gradually in each regional companies. This is a self-contained system for ensuring the enterprise management benefits, the reliability of financial report and following the laws&the regulations effectively, to self inspection, restraints and adjusts the internal operation activities. The Internal Control runs through the whole process of operation activities. Through standardizing the management procedure, setting up the internal control evaluation criteria, periodicevaluations and maintenance, to ensure the effectiveness of system construction and runing..This paper mainly takes the COSO framework,"Sarbanes-Oxley Act" and the current situation of Qinghai Oil Field as important basis and footings, to research and analyse the primary problems since2004after the Internal Control System was established in QY company, such as the information reflected in operation procedure, the responsibility scope, the control redundancy, the complexing content, the customary operation and how to reflect the rish management idea into internal control. Meantime, it combines with the feedback information of Internal Control Management Handbook recently years, points out the existent defect and the improvement method for current operation procedure designs, and proposes to establish the Mode—take the existing management system as the foundation, take the risk management as the core, take the standardizing process management as the method, to overall optimize internal control operation procedure designs", And it also suggests to optimize enterprise management resource allocation, to reach the purpose of standardizing enterprise management and evade the empirical risk.