Study Of The Risk Assessment And Control On Coal Enterprise

With the increasing maturity of the market economy and openness,"risk" has become the focus of company management. In order to play its due role as the core of enterprise management-internal control, Companies must select a valid method of risk assessment firstly. According to the results of the risk assessment, we can take appropriate control activities to reduce business risk. Based on this background To establish a risk-oriented internal control system. As major energy source in China, Accounted for76%and69%of China’s primary energy production and consumption of the total coal resources every year. The majority of our coal enterprises due to the long-term impact of planned economic system, relatively backward management, organizational structure, etc. With the continuous development and improvement of the coal business marketing, business model and organization are changing, but many senior officers still retain the old concept. The industrial upgrading and technology upgrading in the future of the coal industry, is both an opportunity and a challenge. However, with the autonomy of the coal industry, the continuous development of market-oriented, mine excavation depth will increase coal enterprises will face greater risk. Coal industry remains in the doldrums since2012status quo, how to enable enterprises to more effectively manage risk aversion has become the focus of attention.In this paper, we introduce one of the five elements of the internal control, the risk assessment of coal enterprises. A comprehensive control system can help companies analyze and evaluate the risk better, while objectively, and scientifically reflect the effectiveness and problems of existing control measures, so as to improve and perfect them. Through the analysis of the enterprise risk, on the base of which, corporate management can realize their risks intuitively, and make effective decision to maximize the benefit and optimize the objective structurally.This paper first introduces the overview and theories of the relative researches of internal control and risk assessment at home and abroad. Through the analysis of the internal control and risk assessment of PingDingShan Tianan Coal Mining Company Limited, this paper then reveals the defects of it, on the base of which, a better risk assessment and control system is constructed. After that it offers suggestion on the probable material and general risks, obtained through questionnaire, in the company operation. Finally, according to the existing control measures, it puts forward to establish a risk control matrix. To some extent, this paper improves the enterprises risk assessment system, and provides conditions to control the risk more effectively, so as to achieve maximum benefit and optimum institution. I wish this paper could play a certain significant role to help other similar coal enterprises to construct their risk assessment systems.