Research On Internal Control System Reconstruction Of ADY Company

Internal control refers to the internal management and control system of anorganization. It not only includes a variety of methods adopted by top leaders to conductand authorize economic activities, also includes the procedures of checking, auditing andanalysis various information and reports. And also it through constitute policies andprocedures to comprehensive plan, monitor and evaluate organization’s economic activities.A perfect internal control system is an advantageous to improve the companies’competitive ability. It is an important guarantee for obtaining the competitive position. It isalso an impetus of the company’s development. Nonetheless, current existing problem isthat the deficiency of system construction and executive control. A few companies tradeinternal control system as their nuclear competition. This condition is not accordance withthe competitive environment.This thesis will analyze the current internal control of company ADY, and combinewith questionnaire method discover three weakest aspects. The article will redesign theinternal control of existing problems of company ADY. The perfect internal control willimprove competitive position in the market. Through analyzing the internal control ofcompany ADY, point out the main deficiencies of its internal control as follow:Authorization and approval process are just existed name only; Weak monitor of thecontrol; Do not pay attention on risk management, and lack of necessary measures to antirisk;The deficiencies existed in the key link.We find three weakest aspects withquestionnaire method: procurement, sale and inventory. According to the internal controlsystem of ADY company, we put forward the measures to optimize the internal controlsystem after the deeper anaslysis. According to the characteristics of the company, weredesign the internal control process from the two aspects of hose and assembly. And thedesign of the internal control system in a short tube second hose sales, logistics, exchangegoods, defective product control special business processing aspects. By means of analyzethe internal control system and redesign part of it of the company ADY, the suggestion will conduce to a perfect internal control system, and improve the scientific and rationality ofinternal control. It will play a catalytic role for achieving the economic goals of company.