| In May 2008 and April 2010, the ministry of finance, insurance regulatory commission, the China banking regulatory commission, securities regulatory commission and the joint audit released "Basic norms of the Enterprise internal control " and "The form a complete set of internal control guidelines".Marked the beginning of our country emphatically, to strengthen the construction of enterprise internal control is also aware of the importance of the internal control. Now enterprise pay on the construction of internal control more seriously, also realized that to strengthen the risk prevention and sustainable development must play the effectiveness of internal control, to protect the property security, ensure the future development of the enterprise.This article mainly what is from the perspective of the financial risk of the enterprise researched the internal control and built a perfect internal control system. Strengthen the internal control of enterprises to guard against the risk of the enterprise, thus make the enterprise have a better development. Many listed companies have preliminary established the internal control system, a lot of enterprise internal control has many defects, and many companies can’t play to the effectiveness of internal control, leading to the increase of enterprise financial risk, eventually lead to bankruptcy. Based on internal control as the breakthrough point, this paper studies the correlation of enterprise internal control and financial risk. Through the empirical method to study the influence of the internal control of financial risk, and hope business enterprise get some enlightenment.Based on the small and medium-sized board listed company 596’s annual report on 2012 as the sample data, study the correlation of enterprise internal control and financial risk. Based on the theory of internal control internal control can be divided into five elements, Control environment, risk assessment, control activities, information and communication, internal supervision. According to existing research with 16 indicators to represent the internal control of the comprehensive evaluation index. Because the financial risk of the small and medium-sized enterprises is a single, so this article use the financial risk of the narrow sense, namely the financial leverage coefficient to measure the financial risk. The five elements of internal control with financial risk in empirical research and analysis of the impact of five elements of internal control of financial risks, internal control construction in what areas need to be strengthened, so as to study the impact on the internal control of financial risks. Finally according to the conclusion that the enterprise internal control construction puts forward relative policy Suggestions, the five elements of internal control can balance developmentally. So as to improve the effectiveness of internal control of small and medium-sized enterprises, to reduce the financial risk of the enterprise. |
