Case Study On Internal Control Self-assessment Of G Company

"Internal Control Standards" began in the context of the implementation of listed companies from 2009 to encourage the implementation of non-listed medium-sized enterprises. Implementation of this specification listed company, the company should be on the effectiveness of internal control self-assessment, self-assessment report annual disclosure, and hire securities and futures business qualifications of the accounting firm to audit the effectiveness of internal controls.Under the "notice board listed company on 2012 classification batches implementation of enterprise internal control system(Finance Office will be [2012] No. 30)" All the main board listed company should be embarked on internal control system since 2012. The relevant listed companies should attach great importance to the establishment or designated special institutions, improve risk assessment mechanism, sort of risk management and control processes, and improve the management system, optimize the internal information system, the establishment of internal control responsibilities and staff performance appraisal linked to mechanisms to promote enterprise control standard system steadily implemented.In this paper, under the background, select G listed company’s internal control implementation of the project as a starting point. China’s " internal control Standards" the relevant provisions of the guidelines and the Ministry of Finance, the Commission, the Exchange and other institutions to build our internal control framework, but compared with the accounting standards, internal control standards more ideas, elements, implementation the difficulty for businesses is relatively large. The author is a listed company G 2011-2014 internal evaluation the main actors, the use of data and cases acquired in-depth analysis of the implementation of internal control evaluation year 2013, combined with the theory of literature, scholars at home and abroad, analysis of domestic listed companies in the implementation of the Enterprise internal control self-assessment process and the implementation of internal control evaluation lessons is proposed to build the scientific evaluation system of internal control methods. Finally, analysis of internal control self-assessment report noted that the issue of disclosure, and to explore to improve the quality of information disclosure of internal control methods.