The Research On Financial Internal Control Of Hyde Industry Co., Ltd

Financial control activities is a very important part of business operation andmanagement. Effective financial control system is essential for modernized companymanagement, as well as an important part of the further development for the company.This paper is leveraging with the control theory and the literature analysis, case studies,to identify the issues within the internal financial controls for the Hyde Industrial Co., Ltd.And according to the performance analysis results and the development phase, propose theoptimize solution to improve current financial control.First of all, this paper introduce the research background and significance of financialcontrol, review the evolution of the theory of financial control and internal control.Meanwhile leveraging with many other analysis and research method to identify thatcorporate financial control is not just corporate financial restructuring, but also animportant part to undertake the enterprise business strategy development, effective supporttheir overall ability to improve internal controls.Secondly, this paper analysis the performance of current financial management forthe Hyde company, to point out the problems and risks on the foundation of assessment,including the finance function, key business processes, risk management, applications,tools methods.Thirdly, this paper design the optimize and improve solution for the financial controlsin terms of the financial control organization, system construction and operational control,to build the control-oriented financial internal control system.Finally, in order to guarantee the implementation of internal financial controloptimization, reducing "human" factors, from the perspective of information technology toexplore the feasibility to consolidate all the optimize propose with the IT system, andinitial and refine the IT requirement.