The Research On Internal Control Of Private Equity

Although the industry of private equity investment is still in its primary stage in China,due to lack of investment channels,the potential market demand is constantly increasing. But the release time of Internal control guidelines of private equity fund managers is short,many of them are declarative clause, Operability is not strong, so private equity investment lack of internal control mechanism.While standing in the global perspective,the enterprise internal control helps to enterprise have a new level of thinking.To analysis the company S in this paper, with the domestic and foreign literature study, Internal control guidelines of private equity fund managers as the foundation,collect the company S processes and relevant data, through the five elements of internal control(internal control environment, risk assessment, control activities, information and communication, the internal supervision),to analysis of company S operation process, points out the related problems of internal control, focusing on private equity funds of internal control to carry on the design, project management of the main three links the project screening, due diligence, internal control design for the project tracking and exit. Giving some suggestions to strengthen the internal control on the company S tentatively.According to the principle of prudent management is put forward to establish a sound system of internal control, to prevent and control risks.From the companies themselves, to optimize the internal control institution setting and responsibility division of labor, improve the incentive mechanism and improving staff professional ability, and to formulate scientific and reasonable system of risk assessment, optimizing the control links of each activity, the segmentation of each link cohesion and unity.To strengthen the enterprise internal and external communication,promote the hardware and communication channels between employees.Implementation of the comprehensive monitoring of the company, maintain the independence of the board of directors.