Analysis For The Information Disclosure Of Internal Control Of The Manufacturing Listed Companies In Shandong Province

At the beginning of 20 th century, the growing financial fraud cases caught people’s attention. In order to deal with that, relevant policies have been issued by domestic and foreign official institutions. In 2002, America introduced Sarbanes–Oxley Law, marking the mandatory disclosure of internal control information into the stage. China also have speeded up the paces of researching the internal control and strengthened the declaration of internal control information. In 2008, China issued the Basic Norms of Enterprise Internal Control. Subsequently a complete set of guidelines was formed, requiring main-board companies to declare internal control information. Besides, researchers, both home and abroad, are working on the reasons causing the financial fraud and ways to deal with it. Perfect internal control system is thought to be able to lower the possibilities of financial fraud and the declaration of internal control information can push the company to build a well-organized internal control system, making sure the authenticity of financial report and helping the information users to know the company and make wise decisions.This Paper takes manufacturing listed companies in Shandong Province as sample to study their current situation about their disclosure of internal control information. This paper dose specific analysis of the general situation of the disclosure about the manufacturing listed companies in Shandong province and the current disclosure situation about those listed companies have included Basic Norms of Internal Control, Respectively. It also describes the disclosure situation of internal control deficiencies and the quality of the quality of disclosed information. Then summarize the influence in the information disclosure of internal control after the relevant provisions included such as Internal Control Basic Norms, Rule 21 of the Public Offering of Securities of the Company. And then this paper dose a detailed analysis about information disclosure of internal control of B company. The study found the problems that unenthusiastic disclosure about internal control information and the lack of substantive issues in listed companies in Shandong Province are still exist. The relevant departments should refine the relevant provisions and increase punishment to those companies who have the fake disclosure or invalid information, so that promote the healthy development of information disclosure of the internal control of listed companies.