The Research On Internal Financial Control Of Hunan Electric Power Maintenance Company

While State Grid Corporation of China put forward the new idea of “three sets of five major”, which makes “people, goods, intensive management” and “big planning, construction, operation, maintenance, big marketing ”system attract more and more attention, the internal control of the State Grid is promoted to an important position. As an important part of the internal control, the internal financial control is considered to be the life and blood of the company by successful business. The fact proves that the internal financial control is gradually recognized as the core management system. Speeding up the construction of the internal financial control system, and establishing a reasonable and effective system of internal financial control will regulate the behavior of internal management in an enterprise, enhance the ability to resist risk, and then maximize the interests of the company to the maximize extent. In practice, many companies can’t do that. The internal financial control construction become a mere formality, and there are a lot of loopholes, which greatly hinder the process of the internal financial control and long-term development of the company。According to the five elements of the COSO internal control framework, combining with the actual situation of the Hunan Electric Power Company, this paper respectively describes the present situation of internal financial control environment, risk assessment, control activities, information and communication, internal supervision. It finds that the company is focus on production not management, the risk isn’t fit on responsibility, the activity of financial control isn’t perfect, financial system isn’t match on practical operation, and its audit still stay in the relation of primary and secondary transactions. After analyzing them, it proposes the corresponding solutions from objectives, principles and content of internal financial control system, including establishing a good internal financial control environment, standardizing the activities, strengthening the construction of information platform and internal audit. Finally, from the three aspect of enterprise culture, stall quality and internal financial control, it puts forward some safeguard measures.Combining with the actual situation of Hunan electric power maintenance company, the effective working of financial internal control system mainly due to a good internal control financial control environment, abundant aspects of internal financial control and the effective implementation. Combining Internal control and internal financial control theory, the paper wants to further improve the company’s internal financial control system, and attempt to solve the problems existed in the enterprise, and then promote the company sustained, healthy and stable.