The Applied Research Of Internal Control Index System In Listed Companies

In recent years, as a series of phenomenon which are huge assets loss, financial fraud, operation failure even bankruptcy case and so on are happened, more and more enterprises begin to pay close attention to the significance of internal control evaluation. Because they think these things are caused by internal control defects or operation failure. In2006, sazhen stock exchange and shanghai stock exchange promulgated "sazhen stock exchange internal control guidelines of listed companies" and "shanghai stock exchange internal control guidelines of listed companies", asked the listed companies evaluated their internal control. In2008and2010, China has successively promulgated the "basic norms of internal control" and "internal control guidelines", requires listed companies to issue the internal control self-assessment report and internal control audit report. This marked that our country’s internal control system began to enter institutionalized track, but studies have found that many enterprises do not perform very well "the enterprise internal control evaluation guide". This is mainly due to "the enterprise internal control evaluation guide" do not make specific provision on evaluation content, evaluation method and evaluation standard, and thus cause the internal control of listed companies in our country at present stage of quality evaluation,this seriously affected the stakeholder to use the internal control information and restricted the further perfection of internal control system. Therefore, in this case, building the listed company’s internal control index system which is suitable for China’s listed companies has important significance.Think to the defects of internal control evaluation, on the basis of the existing internal control index system, based on the extent to achieve the goal of internal control, construct the internal control index system which is suitable for listed companies in China. This text is made up of five parts. Firstly, the concept of internal control, internal control evaluation and internal control index is made clear and definite; internal control theory, internal control evaluation theory, risk management theory, goal orientation theory and performance evaluation theory are explained which provide theoretical basis for the introduction of this research. Secondly, based on the status quo in the internal control index system of China, analyzes the existing internal control evaluation system, puts forward the defects of the existing internal control evaluation system. Thirdly, drawing on the experience of the external excellent research fruits of internal control index and uniting the actual situation of listed companies, this text puts forward the aim, principle and basic train of thought of building quantitative internal control index system, and chooses entropy weight method to build the internal control index system suitable for listed companies in our country. Again, for the example of listed companies of paper printing industry and wood furniture industry, make the applied case analysis on the internal control index system, and use SPSS17.0software to analyze the evaluation results and return on equity, earnings per share correlation test. Finally, on the basis of previous study, this article gives some correlative countermeasures and suggestions about improving the internal control system.The creative research results of this text are:on one hand, based on the realization of the extent of the internal control objectives to build the internal control index system, avoiding the evaluation system in the past only focuses on whether the implementation of the internal control system, and ignores the implement result of defects, the evaluation resulte are more objective. On the other hand, try to select quantitative indicators and use the objective value assignment method, so that the evaluation results can be quantified, and achieving internal control level comparison between industry and industry, company and company, it also makes up the shortage of quantitative research.