The Valuation Of The Private Company Internal Control Effectiveness

In the capital market, private listed companies have as an important force in make itsown contribution. In the aspect of internal control, however, the private listed companiesthere are serious loopholes and defects. At the same time, in the process of rapiddevelopment of economy, the private listed companies some of the more commonproblems such as lack of internal management and internal control is also often appear.Therefore, evaluation of the effectiveness of internal control has become its speed up thedevelopment of the urgent need.National laws and regulations of more and more perfect, in this historical background,the research for private listed company’s internal control effectiveness, is advantageous tothe enterprise comprehensive understanding of the usefulness of internal control, can bebeneficial to the improvement of corporate governance structure, make private enterprisesbetter improve the effectiveness of the internal control construction. Improve thestakeholder confidence in private enterprises development.With the further development of economy, domestic enterprises will be more andmore realize the importance of the internal control construction, theory and practice arealso serious study and summarize the internal control of enterprises at home and abroadexperience, development and formed some theory of internal control. Because of listedcompanies and large and medium-sized enterprises to get the attention of the investorsmore, private enterprises due to the limitation of historical condition, has not brought to theenough attention. Private enterprises to effectively play the guiding role of the internalcontrol of no.Domestic experts and scholars and entrepreneurs, combined with the domestic andforeign internal control theory, the characteristics of integration into their own privateenterprises, developed for development for private enterprise’s own internal controlevaluation index system. Using the principle of fuzzy mathematics to quantify thequalitative indexes, quantitative indicators, and using factor analysis method of quantitative for private enterprise own comprehensive evaluation model is established, canget a reasonable internal control evaluation results.SUNNIN’s internal control is relatively perfect, it is confirmed that the SUNNING relativeeffective internal control, then the original on the basis of the feasibility and operability ofthe model, through the analysis of data from internal control result of SUNING, find out theSUNNING defect part of internal control, and in view of the defects of improvements to findout the reasonable measures to establish the internal control system is more reliable andscientific.