Discussion On The Internal Control System Of The International Freight Forwarding Companies

Over the past decade, after China’s accession to the WTO,along with the rapiddevelopment of our country in international trade, international freight forwardingbusiness in an important position in international trade have become increasinglyprominent. International freight forwarding industry has been great concern from theparties to the government, business, and the theory of scientific research, andgradually developed into a full-scale industry, plays an extremely important role inour national economic development. Various international freight forwarders havemushroomed everywhere, the world-famous International Freight Forwarders Grouplanding on a beach, have entered the Chinese market. International freight forwardingindustry as a new industry in this period of rapid development.In particular, the2008financial crisis and the2011debt crisis in Europe, suffered asevere blow to the international trade industry. As dependent on international trade,international logistics industry is also facing re-shuffling of the situation, JapanAirlines filed for bankruptcy protection in January2010, November2011, thesecond-largest tanker company General Maritime filed for bankruptcy protection, asthe development of international freight forwarding industry the benchmark BalticDry Index BDI sustained downturn. A large number of international freightforwarding companies in bankruptcy, closure of the international freight forwardingindustry has ushered in the history of the most severe cold.Despite the cold, a large number of international freight forwarding business isunsustainable, but we still see that there are some enterprises in the face of adversityis still achieved good results, and the sustainable development of enterprises in thefierce competition in the market. Throughout such enterprises have a commonmanagement system, and focus on strengthening the company’s internal control. Thus,an important component of internal control as in the internal management ofenterprises of great significance for the survival and development. The author in A company engaged in financial work for many years, are morefamiliar with the common problems of the international freight forwarding companiesin the internal control, as well as ways and means of Company A part of the internalcontrol. From the concept of internal control, analysis of the development process ofthe domestic and international internal control theory, this paper describes theoverview of the development of this stage of China’s international freight forwardingenterprises, the general status quo of the international freight forwarding enterprise’sinternal control, combined with the actual situation of the company A, the internalcontrol for the international freight forwarding industry the system recommendations.The proposed A company from the control of the level of corporate governance,improve the operational level, the level of internal controls and IT systems controlthree aspects of its internal control system. I hope to improve after A company’sinternal controls to effectively regulate the company’s various economic and businessactivities. At the same time, through the exposition of this paper wish to establish andimprove its internal control system provides a reference for the same industry likeinternational freight forwarding companies.