Study On Problems And Countermeasures Of The Internal Financial Control Of Travel Agencies

With the deepening of China’s socialist modernization construction,the domestic economic construction has made rapid development,people’s living standard has been greatly improved.Under the background, the tourism industry has been developing rapidly,as the representative of the tourism industry,travel agencies exist everywhere,the number of travel agencies around the country is increasing, travel agency has become an important force to drive the development of China’s economy.Meanwhile,facing the increasingly fierce competition brought by the development of the industry,strengthening internal management has become an important way to enhance the competitiveness of travel agencies,while internal financial control is an indispensable key part.The implementation of internal financial control is helpful to the realization of the financial target and the enterprise strategy of travel agencies,but the reality is part of China’s travel agencies,especially some of the smaller travel agencies in the industry,does not pay enough attention to the work of internal financial control,financial institutions and staff is not complete,financial work is mess,supervision and control of the use of funds is quite lack,the consequence is that the travel agencies are often suffer of the uncertain financial risks,which causes travel agencies difficult to achieve financial goals. To make a long story short,travel agencies need to strengthen their internal financial control to ensure their healthy development.This paper takes the China Travel Service of City F as an example, analyzes the current situation of the internal financial control, finds out the problems and puts forward some corresponding countermeasures.In this paper, we use survey method and literature method to collect data,combining the theory of internal financial control and the main operation and management characteristics of China’s travel agencies,study the institutional settings, staffing, capital management, budget management, internal audit management and other aspects of the detail of China Travel Service of city F,from this analysis of the status of the internal financial control, concluding that the development degree and the effect of City F’s China Travel Service internal financial control is not ideal, and there are more or less weakness in the institutions, fund management, the quality of personnel and so on,the specific performance includes the internal organization setting and accrual allocation is unreasonable, lack of funds management system, ineffective accounts receivable recovery, financial personnel quality is not high, management staff of internal financial control is consciouss, internal audit deletion and internal financial control environment is weak.If these problems are not found in time and properly solved, it will not only make the travel agency to take on all kinds of potential financial risks, but also affect the long-term healthy development of travel agencies.Based on the above analysis of City F’s China Travel Service case, through the analysis of the above problems, this paper tries to puts forward some measures and countermeasures, including optimization within the organization setting, improving the financial internal control system construction, strengthening the management and control of funds and accounts receivable recovery management, improving the management personnel and the quality of financial staff, strengthening internal audit supervision and other.This paper uses case study method as the main research methods, fully in accordance with the financial internal control relevant theoretical knowledge, combined with the specific case study,analyzes the internal financial control situation and existing problems of our country’s travel agencies, and puts forward some corresponding countermeasures and constructive suggestions to strengthen the internal financial control, hoping to carry out sime help to strive for the travel agency’s internal financial control work perfect.