Research On The Internal Control Issues Of Kaidi Power Company

The internal control of the company is essential to the development of the risk and the improvement of the operational efficiency.Therefore,in order to make the company develop sustainable and stable,it is necessary to design the internal control mechanism which matches the company's development strategy and ensure the effective and effective internal control.The sustained and rapid growth of company is inseparable from the efficient internal control.With the advance of the market economy,the power companies will gradually lose the current monopolistic competitive environment.Therefore,in order to obtain further development,the company must ensure that the formal operation,efficient management and effective self-monitoring and reverse regulation,to achieve internal control mechanisms between each other's supervision and control,and strive to maintain the company's development goals and directio n Consistent,in order to prevent adverse social reactions.This paper studies on three events of Kaidi Power Company in 2016 by case study.This paper first introduces some background knowledge,including the background of this topic,the meaning of the topic,the research results,research methods,research ideas and innovations of the existing internal control theory at home and abroad.On the basis of this,starting from the five elements of COSO internal control management system,the author analyzes the problems existing in the existing internal control of Kaidi Power Company,and analyzes the essential reasons of its existence,mainly in the following four aspects: Unreasonable ownership structure;lack of autonomy;lack of internal control consciousness and the lack of external supervision.In view of the above problems,this paper still from the framework of the five elements of the system as the starting point,from improving the control environment,to improve the risk assessment mechanism,strengthening the information disclosure control,strengthening enterprise information communication and increasing internal control supervision,explains contents and key points of the internal control ability to ensure that the internal control measures can be reasonable and thorough implementation,promote the efficiency of internal management and enhance the enterprise for a variety of risk defense capabilities.Kaidi Power Company is an important part of China's large-scale power enterprises.Its defects of internal control are representative,reflecting the status of the development of the industry.Therefore,for power companies,internal control analysis and improvement measures are suggested in the electric power enterprise internal control has a certain reference significance.