A Study On Jilin China Telecom's Internal Control System

Separation of ownership and control of enterprises has led to the existence of information asymmetry between business operators and owners, in order to improve the company's management, internal control is adopted. Internal control is an important part of the internal management system, as well as an important means of modern enterprise management, to enhance operational efficiency and ensure the safety of assets is very important.Internal control is a problem widely concern at home and abroad, many countries and regions have a bill or a standard framework for Internal Control. At present, the Internal Control of the enterprise is still relatively weak, the company is listed in the US the prevalence of Internal Control deficiencies, especially after the introduction of "Sarbanes-Oxley Act", requires companies to disclose information on the capital market has also increased.China Telecom Corporation Limited is a Hong Kong and New York, respectively, in securities traded company listed. China Telecom is the Jilin provincial branch of China Telecom in Jilin Province, established in recent years, the rapid development of the company at the same time, many of the internal management system and other deeper issues have been exposed, Internal Control is one of the more prominent issues one.In this paper, an internationally recognized five elements of internal control for the theoretical starting point, adhere to the theory and practice, is divided into four chapters are discussed. Paper The first chapter introduces the background, significance of the topic, research methods and content. The second chapter introduces the concept of internal control, internal control course development at home and abroad, and discusses the evolution of internal control. The third chapter analyzes the construction of the internal control of the Company in Jilin, China Telecom and China Telecom Jilin combination of internal control status of the company, pointed out that the current problems in the implementation process. From the concept of errors, lack of execution and other aspects of the more profound analysis of the various causes of the problem, the last chapter of the problem through an internal China Telecom Jilin company controlled summarize, analyze the implementation of internal control is a continuous improvement, optimization dynamic control process. The only constant of the internal control and the level of corporate development and scale, corporate culture and human resources policy combined and strengthening corporate culture through dynamic amendment strengthening the assessment and communication of information and other aspects, to the maximum extent possible in real time to improve the company's internal control system to meet the needs of business development and risk prevention, to further help enterprises to enhance value.