The Optimize Research On Capital Expenditure Internal Control Of XMG Corporation

In recent years, with the promulgation of a series of relevant laws andregulations, internal control has not only aroused a keen interest of domestic andforeign experts and scholars, but also led to the unprecedented attention of theenterprise to build and improve their own internal control system. Internal control ofcapital expenditures is the policies，procedures and their implementation to ensurethe safety, reliability, efficiency，effectiveness, legitimate compliance of the capitalexpenditure in a corporation. The expanding scale of capital expenditure makes theinternal control of capital expenditure in the enterprise more important than ever.This paper, based on a brief review of existing research, analyze s the internalcontrol of capital expenditure, with the combination of systems theory, informationtheory, and control theory, as well as builds a general framework for internal controlof capital expenditure according to the ifve elements of internal control in the COSOreport. It also conducts a survey of the status quo through the questionnaire survey,literature search and interviews and other methods of internal control of capitalexpenditure of XMG Corporation, summarizing what problems there are, andanalyze s the possible reasons. Finally, the corresponding recommendations tooptimize the XMG Corporation capital expenditure internal control are made.This thesis builds the theoretical basis for internal control of the capitalexpenditure and systematically analyzes the establishment of basic rfamework forinternal control of capital expenditure with the guidance of “Five Elements”，enriching the relevant theoretical research on capital expenditure internal control.The current situation and problems of internal control of the capital expenditure forXMG Corporation are deeply analyzed, and optimization tips are made. It willcertainly be helpful for XMG Corporation to improve its capital expendituresinternal control system to ensure the effectiveness of its capital expenditure.