Study On The Improvement Of Internal Control In The Jinxiang Taikang

When the society and economy develop to a certain stage, internal controlbecomes an inevitable outcome and an important means for enterprise management.Faced with the complicated international situation and the transformation of the modeof economic development in our country, enterprises can strengthen the managementthrough internal control. As an important industry, the pharmaceutical industry has asignificant effect on the improvement of people’s livelihood in china. Strengtheningand regulating internal control of the pharmaceutical industry assure that themanagement is legitimate, the asset is security, the report is true, and the efficiency isincreased. Thus, the medical enterprises can realize development strategy. Besides,internal control can also improve the level of the management, upgrade the ability ofprofit-making, raise the competitiveness of company and accelerate socialdevelopment. So, to strengthen the pharmaceutical enterprise internal control, is veryimportant for promoting the development of enterprises and realize Social Benefits.With the five ministries jointly issued the basic norms of internal control andinternal control guidelines, gradually the construction of enterprises’ internal controlhave rules to follow. Firstly, the essay illustrates the development of thepharmaceutical industry and the background of company Jinxiang Taikang. Tofacilitate the case study, the history, scope of business and the business model ofcompany Jinxiang Taikang, as well as the history, characteristics and competitions ofthe chained-pharmacy industry are covered in this part. Secondly, according to thefive elements of internal control, the essay gives thorough analysis andcomprehensive introduction of the status of Jinxiang Taikang’s internal control. In theend, through evaluations of the advantages and disadvantages of Jinxiang Taikang’sinternal control, the author proposes several recommendations on how to constructefficient internal control of pharmaceutical companies, thus enlightens the foundationand integration of internal control of chained-pharmacy industry.Under the directions of the basic norms of internal control and internal controlguidelines, the author bases the essay on the analysis of the Jinxiang Taikang, theprimary research object of the thesis. By studying the status advantages and problemsof A’s internal control, the author makes complimentary suggestions, which areintended to benefit the future building of internal control of chained-pharmacies.