Empirical Analysis Of Internal Control Quality Evaluation

In the post-financial-crisis era, strengthening the construction of internal control,improving management and enhancing risk prevention capability is particularlyimportant. June28,2008, the Ministry of Finance, the Securities and FuturesCommission, the Audit Commission, the CBRC and CIRC jointly issued the "internalcontrol"; April26,2010, the five departments issued the internal control guidelines.Our emphasis on the quality of internal control upgrades to a new height. Internalcontrol system is a system which enterprises develop and implement in order toachieve business objectives, to ensure the effective conduct of business activities, toprevent, detect and correct errors and fraud. In addition, view from the goal of internalcontrol, internal control should be the company longevity genes and should not just beto prevent failure; failed companies must be the failure of internal control, thesuccessful company must have the gene of the active effect of internal control.Based on the research, I find some factors influencing the quality of internalcontrol, and then I analyze empirically to evaluate goodness or badness of Acompany’s internal control among listed companies’, wishing to bring value to theconstruction of internal control and the healthy development of the company. Inaddition, the paper adopts a theory that internal control not only focuses on preventingfraud, but also on the development of businesses to explore that corporate socialinfluence does have a significant impact on internal control quality. At the end of thearticle, combined with practice, the paper discusses internal control from the fiveelements of internal control.