Research On Internal Control Of DLTJ Limited Company

With the system reforms of modern enterprises in China going deeply, business failure appears constantly in recent years because of the absent or invalid internal control. Therefore, the analyses of the effectiveness of the internal control have been increasingly focused by both the theory circle and the practice circle. As the crucial part of the enterprise management, if it could be effectively implemented, the essence of the financial information will be shown. Besides, the authenticity and the integrity of accounting information will be reflected. The establishment of the scientific and effective internal control system will optimize the financial control and enhance the ability of the risk control, and will also effectively improve the management level of the enterprises.Based on the internal control theory, this thesis discussed the problems of the internal control existed in DLTJ Ltd. According to the characteristics of the manufacturing industry, the improvement program has be put forward aiming at improving the system of internal control of DLTJ Ltd. by referring to the successful experiences of the horizontal enterprises at home and abroad. First, this thesis introduces the research background and the research significance of the study, followed by the main structure, the research content and the research methods. Second, the concept of internal control theory is elaborated to lay a theoretical basis for the study of the problems existing in internal control. Third, this thesis demonstrates the current situation of the internal control of DLTJ Ltd., and analyzes the problems of the internal control. It is found that the unsound internal control is due to the shortcomings of the system, the loopholes of the monetary fund management and the randomly capital expenditures, as well as the chaotic management in the purchase and the warehouse inventory of the raw materials and the asymmetric cost and benefits of the fixed assets. The core part of the thesis expounds in detail the suggestions for improving the process of the key business and the strategies of the internal control for implementing the environmental construction. Finally, in the conclusion part, this thesis looks to the future study of the internal control. By researching the internal control of DLTJ Ltd., this thesis not only finds that the internal control in DLTJ Ltd. is insufficient, and also puts forward a reasonable solution for it. The system of internal control of DLTJ Ltd. will be improved by assuming the financial director to be fully responsible, setting up the risk concept, perfecting the accounting body and the supervision mechanism, and implementing rewards and punishment incentive system. With the core competitiveness enhancing constantly, the booming development of DLTJ Ltd. will be realized.