Research On The Construction Of Internal Control In Tianjin Bohai Corporation

In the first half of2013, the growth of Chinese light industry benefit-indexes continued to slow down.Because of the uncertainty factors of the external environment increase, the light industry operation can produce more fluctuations on account of short-term factors. In this case, the light industry group need perfect the enterprise internal control construction, in order to ensure the safety and integrity of the economic resources in the group on the basis of diversification. Meanwhile the group should acquire and disclose accurate and reliable economic information, also coordinate and control a series of economic activities of the group of good. Through building perfect enterprise internal control, the corporation can ensure the economic information correct and reliable. The construction of internal control improvement can form a series of control function methods to further improve the internal management level.As a China’s leading state-owned enterprise, Tianjin Bohai Corporation, which crosses different areas including the fast moving consumer goods, food technology development, plastic products, chemical products, and precision machinery etc. With the scope expanding in Tianjin Bohai Corporation, the corporation internal control construction becomes more and more worthy of attention. Based on the group as the specific research object, this paper analyzes its problems existing in the construction of internal control system and gives suggestions for improvement.Based on the internal control theory, the principal-agent theory and information theory, this paper combined with the national five ministries issued internal control18application guidelines to develop the construction of internal control in organizational structure, development strategy, financial activities, procurement business, asset management, financial report, information system, for improving the environment of internal control and establishing the information system to provide effective solutions and suggestions. The paper not only expand the existing literature research on establishing internal control system in theory, in order to lead other state-owned enterprises and listed companies in China to raise the level of internal control, so as to provide theoretical basis and practical basis.