Research On Problems Of Internal Control Of TJP Limited

Since the beginning of21st Century, with China’s rapid economy developmentand the emergence of the concept of the earth village, listing corporation has becomean important part of economy growth, promoting the capital increase in China andimproving Chinese international status. Listing corporation established a soundmanagement mechanism, which has become the symbol of the enterprise rapiddevelopment. It has a more and more important role in today’s economicglobalization and its development quality is vital to China’s economy development.On the other hand, once there is larger business risk in listing corporation, it will bringtremendous influence to the whole industry and even the whole economy system.Listing corporation steering forward relies on comprehensive risk prediction andprevention, establishment, improvement and implement of internal control system inorder to control the risk in governance structure, production and sales, financialactivities and fraud prevention.This paper reviewed the development history of the evolution process of internalcontrol and internal control theory. Through the study of domestic and foreigndevelopment and present situation of internal control, combined with China’s listingCorporation which mainly follow the internal control system, this paper discussed theessence and elements of internal control, analyzed the relationship and the differencebetween internal control and risk management which is controversial betweentheoretical and practical circle. Through the evaluation and analysis on disclosedreport on the2011Annual Chinese listing corporation internal control, this papersummarized the characteristics of internal control activities of67listing corporation athome and abroad, at the same time, studied and found out the existing problems.Through the introduction of the construction and implementation of internalcontrol system of the port industry A shares listing Corporation Tianjin Port HoldingCo., Ltd, based on the analysis of the operation of internal control system of TianjinPort Holding Co., Ltd with the five elements of internal control as the main line, thispaper researched on the effectiveness of internal control. This paper put forward thecontent and method to perfect the internal control system, the strategy to improveinternal control through risk matrix analysis. This study has a certain theoretical andpractical guidance for China’s listing Corporation to establish internal control system.