An Empirical Study On The Factors Related On Disclosure Of Internal Control Deficiencies In Limited Companies Of Henan Province

The Committee of Sponsoring Organizations of the Treadway Commission indicated that internal control is methods, procedures and processes, in which the enterprises of the Board, the management and all employees involved. It provides reasonable assurance for achieving business objectives, reliability of financial reporting and compliance with laws and regulations. Thus, internal control in limited companies is importance to continued business. On the one hand, the internal control can only provide reasonable assurance,it is a process of gradual improvement that characteristics determines; on the other hand, the management of listed companies must have a motive to disclose the deficiencies in internal control. These two points are sufficient conditions for companies to disclose internal control deficiencies. That provides a support for further study on the factors related on disclosure of internal control deficiencies in limited companies.We find the proportion of listed companies to disclose information on internal control deficiencies in Henan below the national from date. So the main purpose of this paper is to research and analysis the factors related on disclosure of internal control deficiencies in limited companies, with improving status quo of the internal control deficiencies information disclosure of Henan listed companies. Using SPSS20.0 analyzes data, form which Henan Province in 2014 listed companies. At first, we must define the related concepts of the internal control deficiencies and that analyze the current research and factors related on disclosure of internal control deficiencies in limited companies. Secondly,we will find problems. Finally, we will construct regression models by the independent and dependent variables. And that obtain correlations according to the empiric. Put forward recommendations of disclosure of internal control deficiencies in limited companies:Optimize the ownership structure, supervise the financing plan, the media questioned and signs of illegal punishment of enterprises, improve the development environment of small and medium-sized board listing Corporation, strengthen the protection of the rights and interests, and integrate the internal control construction into the whole process of enterprise culture construction.