Research On Internal Control For Yongji Real Estate Co.,Ltd. Based On Risk Management

Modern enterprise management theory and practice have showed that theenterprise all management work begins with the establishment and perfect ofthe internal control system. With the rapid development of economy of our country after reform and opening-up, small and medium-sized real estate ente rprises are growing and developing. When the real estate market is becomingmature, improving the ability to resist risks, is the only way of enhancing c ore competitiveness and realizing the profit maximization. According to the R and Corporation’s the survey: 20% of the real estate enterprise risk comes fr om policy, 35% comes from strategic decision and management risk, 45% co mes from risk management and process. However, in the current policy and economic situations, if enterprises want to improve economic efficiency, stren gthen risk control ability, and ultimately win the market competition, it is ne cessary to improve its extensive management mode towards perfect specificati on combined the internal control with risk management. Therefore by perfecti ng the internal control, to improve management efficiency and the quality ofoperating results, there is important practical significance to increase marketcompetitiveness for Yongji Company.This article refers to the amount of home and abroad research achieveme nts of internal control and risk management theory, then illustrates the relatio nship between risk management and internal control, and expounds the necess ity of optimizing and designing the internal control under the risk manageme nt perspective. This article uses standard research methods of literature revie w and case studies, and introduces the advanced risk management idea, aime d at designing Yongji Company internal control mode.This article introduces the basic situation of Yongji Company, such as it s structure of organization, development process, the external environment ris k and so on in detail. From five elements of the company’s internal control such as internal control environment, risk assessment, control activities, infor mation communication and internal supervision, this article expounds the pres ent situation of internal control. Studies suggest that the lack of awareness ofinternal control and risk management, weakness of control execution and int ernal control regulation, and such problems as lack of systematic managementexist in the implement of Yongji Company internal control system. To solvethese problems, in accordance with the purpose, principles and key points se t by the actual condition, using relevant theories, the internal control mode b ased on risk management is designed. In combination with the practical situat ion of businesses and theoretical research results, this article puts forward saf eguard measures of the new mode.