Study On Internal Control Implementation Of China Petroleum&Chemical Corporation

Effect of "Sarbanes act" in America under, COSO Committee put forward the overall framework of internal control in the early1992.our government began to issue internal control attention of listing Corporation, especially for the large and medium-sized state-owned enterprises. Through the enactment of "basic norms of internal control" and supporting guidelines for enterprise internal control, the implementation of behavior.China Petroleum Chemical Co,has formed a perfect internal control system. Under the framework of COSO, according to their own actual situation, build their own internal control system framework. With the internal control system, Sinopec market competitiveness, international influence.The internal control system Sinopec is modeled, then and the real market environment, domestic and foreign policies, and Sinopec their business situation and other objective conditions, the internal control framework of research and analysis, find the internal control process; through the implementation of the internal control of the achievements of Sinopec, explore Sinopec construction the internal control system, improve the level of management experience; and according to the Sinopec internal control of the "three system","four combination" and the "four abilities" analysis of the implementation of the actual effectiveness of internal control. And focus on the problems encountered in the implementation of the internal control Sinopec problems in the system, and finally puts forward the corresponding countermeasures.Hope that through the introduction and analysis of the implementation of the framework, the Sinopec internal control system, for the other is fumbling the implementation of enterprise internal control of enterprises to provide reference.