Internal Control System Of The Financial Shared Services Center Building

Financial sharing service is a new type of service model introduced by China more than 10 years ago.The main reason for the introduction is to solve the problem that the large-scale enterprise group in our country is not in place in the scale expansion,the budget is poor,the financial cost is high,the finance Management efficiency is low,the information is not timely delivery,financial department staff redundancy and other issues.Large enterprise groups hope to establish a relatively independent organization,that is,financial sharing service center,the business units of some of the standardization and process of business activities together,unified processing,both to reduce the cost of dealing with business processes,improve processing efficiency,but also timely collection of information to improve the transparency of information,play the role of budget management;In addition,the financial sharing service center also includes human resources,procurement and sales,comprehensive performance analysis and other management,thereby reducing the risk of business operations,will be high-end financial staff from the basic accounting work in the release of higher value in the work,to better achieve the financial support of the main business objectives.Ministry of Finance in the "enterprise accounting information work norms" pointed out that sub-branches and the number of large and wide distribution of large enterprise groups should gradually explore the establishment of financial sharing service center.At present,many financial sharing service centers in China's enterprise groups have many risks in the process of construction and operation.Most enterprise groups have not established internal control system specifically for financial sharing service center.After the construction of financial sharing service center,the business process of enterprises usually need to re-design and re-shape,the existing enterprise group's internal control system is usually established for the overall risk of internal control,and can not control and prevent financial sharing services center of the specific risks,so the establishment of financial sharing service center of the internal control system is imperative.Based on the current situation of internal control research,financial sharing service center and its internal control research,this paper studies the financial sharing service center based on economies of scale,business process reengineering,COSO internal control framework,cybernetics,group control and system theory as the theoretical basis construction and operation of the process,including the identification of business scope,organizational structure changes,process reengineering,personnel changes,separation of business and finance,information transmission and communication,system adaptability,off-site audit,and many other risks,for these risks,this paper constructs the internal control system of the financial sharing service center,and takes the mature financial sharing service center of the china railway group S as the main body of the case to prevent the risk of the financial sharing service center in the construction and operation as the goal,control the five elements to build the Group's financial sharing service center for the actual situation of the internal control system,hoping to help the group's financial sharing service center to better achieve the financial goals of the enterprise.