Research On ABC Company Purchasing And Payment Internal Control Improvements

Since the reform and opening, rapid development of agriculture, agricultural products processing and technology has greatly improved, farmers living standards gradually improve, especially since the implementation of the "three rural" policy, entered the stage of further development of agriculture, countryside and farmers, agricultural product processing industry to promote the new countryside construction, the transformation and development of the rural economic structure, to ensure improvement of living standards of farmers, agricultural efficiency and the efficiency of development, increase rural employment has played a positive role, agricultural products processing has become an important part of China’s economic development. For agricultural products processing industry, purchasing and payment link is a relatively weak link; process management process in many agricultural products processing company, purchasing cost occupies a large proportion in the company’s total cost. Agricultural products purchasing and payment link is also one of the most prone to errors and fraud link, any little mistake could make the company suffered huge losses, so should strengthen the agricultural product processing industry purchasing and payment internal control.By ABC company in purchasing and payment process analysis, ABC company is analyzed about the procurement and payment business system regulation and procurement and payment business process in the actual operation situation, found that the company’s purchasing and payment management process and system imperfect internal environment, risk assessment system has not been established, such problems as lack of effective internal control activities. Aimed at the problems existing in the operation, purchasing and payment system by the combination of qualitative and quantitative method for ABC Company purchasing and payment internal control process was analyzed, purchasing and payment of ABC company suggestion for the perfection of internal control.