The Study On The Construction Of Internal Financial Controlling System Of Liaoning WenBin Company

In recent years, with the emergence of fierier and fierier financial frauds, the failure ofinternal financial control issues caused widespread concern in the academic community andthe management with internal financial control. Though, in recent years, great progress hasbeen made in the normolization of internal financial control system in our country, there stillexist many problems in the process of construction of enterprises’ practical systems, which inturn can neither suit the objective economic environment nor meet the requirements of internalfinancial control system of modern enterprise. Under the circumstances of the global economicdownturn, many small-medium sized enterprises should absolutely strive to improve the levelof the internal financial control, whether it is to deal with the requirements of supervisionagencies, or in order to meet the needs of enterprise development.In this thesis, WB company as the research object, with the five element(internalenvironment、risk assement、control activities、information and communication and internalsupervision) theory of “Internal Control-Integral Framework”（COSO Report）, as well as themethod of data analysis, the overall strategic objectives are proposed about WB company,which integrated each branch and each operating activity into an organic whole, thus aneffective system of internal financial control can be established.The correlative theory of internal control and internal financial control is introduced inthe thesis first, and also the research achievements of relevant theories at home and abroadand the latest theoretical developments. Then the study situation of domestic and foreigninternal financial control is commented. Secondary, the construction of internal financialcontrol system in enterprises is sufficiently stated in theory in the thesis. Again, the currentsituations of internal financial control, including the basic case of the company、 theorganization structure and financial basic settings, are analysed. Meanwhile, based on the fiveelements of COSO, the internal financial control problems and causes are analysed, and thepoint of constructing internal financial control system in enterprises, using COSO as itsfundamental framework, is put forward. This part is not only the essential part of this thesisbut also where it tries to innovate.Finally, the corporate internal financial control and assementindex system is established with both the analytic hierarchy process and the evaluation of fuzzy combination to evaluate the internal financial control status of the enterprises.