Research On Internal Financial Control Of S Life Insurance Company

In recent years, China’s research in internal financial control issues has made great progress, better adapted to the needs of the present economic environment and management. The development and improvement of Chinese enterprises overseas system of internal financial control system compared to gradually narrow the gap. However, in practical application level, whether public or non-listed company’s internal financial controls are a problem more or less. Improve the internal financial control system, set up an effective and feasible internal financial control system, improve the business management skills, and to improve business performance security is an important issue in the development of enterprises need to study. S life insurance companies in the development process, the insurance market has made great progress but overall still in the initial stage, especially financial risk management also need to constantly upgrade in order to narrow the gap between the level of advanced management of insurance companies, to S life Insurance company internal financial controls were studied with a strong theoretical and practical significance.In this paper, according to ask questions, analyze problems, problem-solving ideas, combing through documents, qualitative analysis, and other methods to compare systems, collate and analyze theoretical results about life insurance company’s internal financial controls at home and abroad, analysis of existing research inadequate Department and research gaps and achieve research and innovation. Detailed description of the concepts of S Life Insurance Company, internal financial controls, characteristics, practical application and related theoretical issues, for which the development process has been elaborated, summarizes the overall situation, analyze the reality and noted its complex nature, the presence of issues, from the macro and micro level analysis of the cause of the problem, explained the problem to improve the principles and ideas from multiple levels, multiple perspectives put forward countermeasures refinement.This article discusses taken a progressive approach, described in detail the meaning of the first part of the background, the main content and research, carded and summarizes the relevant research status at home and abroad, describes the research ideas and research methods, discusses the research the innovation; the second part is an overview of internal financial controls and the theory research, starting from the internal financial control theory concepts, elaborated on the concept of internal financial control theory, elements, characteristics and application principles for further later analysis basis; the third part is the current status of internal financial controls S life Insurance company analysis from the two levels of overall and specific description of the relevant circumstances, noting that the internal financial control S life Insurance company branch presence weak financial base management, financial management level too, seldom do standard budgeting, operational expense management and control unreasonble, increased risk of non-compliance issues, and analyzes the cause of the problem; fourth part of a sound S life Insurance company of internal financial control measures, first explained improve the objectives and principles, strengthening the financial base of work management, standardized financial management system, standardize the budget management practices, strengthen cost control, regulate post control mechanism, emphasis on external supervision, strengthen compliance management and strengthen financial control information system construction and other seven aspects to strengthen internal financial control; section V presents S life Insurance company safeguards internal financial controls, by strengthening internal financial control concepts. to create a good cultural atmosphere, strengthen financial management training, to strengthen the grass-roots financial institutions work assessment, development of internal financial control evaluation mechanism, improve the supervision mechanism and other measures to protect the life insurance company S internal financial controls implemented. The sixth part is the conclusion, noting that the internal financial control is part of the company’s overall internal control system, it is the practice of S life insurance companies, only checks the employee’s job to monitor grassroots autonomous prevention and inspection personnel combine in the former, things during, after more than three-dimensional levels together constitute a complete risk control system in order to achieve a more effective prevention of financial risks, protect the company and the interests of customers and achieve legal compliance and risk control objectives. On this basis, the next research prospects.