The Study On Internal Control Of JH Company

At present,China's capital market is gradually maturing,the number of listed companies in the continuous growth,but in corporate governance and market supervision there are still more deficiencies.In recent years,with the green land,Wanfosenko and other listed companies financial fraud frequent occurrence,internal control as a vital part of enterprise management,naturally is also pinned high hopes.The research on internal control of enterprises in China is relatively late,and the actual application of the relevant theories and internal controls of enterprises is not mature enough.Therefore,this paper is written based on the recent financial fraud events in China and abroad,and based on the relevant laws of internal control which have been introduced in China.Build on the existing research at home and abroad,this paper focuses on the financial fraud of JH Company,focusing on financial fraud Internal control of the existing problems,put forward practical measures to achieve the ultimate goal of sustainable development of enterprises.Based on case analysis,this paper mainly adopts the method of theoretical analysis and case analysis,supplemented with appropriate data and graphs,combining theoretical knowledge with practical cases.Firstly,the research on internal control has been combed and analyzed in recent years.Secondly,from the development of the internal control system,it gradually transited to the internal control concept,the characteristics of internal control and the five elements of internal control.Thirdly,the process of the financial fraud of JH Company is explained in detail and the reasons for its financial fraud are analyzed,and the reasons are summarized as two points,such as imperfect internal control system and dereliction of duty of external audit institutions.Then,for JH Company 2015 internal Control Attestation report to be issued the negative opinion this incident,from the internal control five elements angle to JH company Internal control existing question analysis,and proposed the corresponding improvement measure.Finally,the paper concludes that the internal control of listed companies in China has gradually normalized,but the internal control system construction still has a weak link needs to improve.Effective internal control relies on the interaction of five elements of internal control and effective external supervision.The construction of perfect internal control system is the fundamental guarantee for the continuous and stable operation of listed companies in our country,and it needs the joint efforts of enterprises,Government and external audit organizations.