Research On Internal Control Of Building Construction Group Company

Frequent financial scandals,fraud and fraud make the issue of internal control of enterprises widely watched internationally and domestically.China has paid more and more attention to the issue of internal control of state-owned enterprises and has issued a series of guiding opinions and measures to further improve the internal control of state-owned enterprises.To some extent,the characteristics of the construction industry determine the weakness and complexity of the construction control of the construction enterprises,and are prone to market management risks,industry competition risks,cost risks,financial risks and construction project risks.As a large state-owned enterprise,Z Group Company belongs to a typical state-owned Construction Construction Group Corporation.Most of the problems in the construction of its internal control are prevalent in the industry and the company has its own uniqueness problems in the development process.Based on the five elements model of internal control,this paper selects the Z Group Company in the construction industry as the research object and analyzes the internal control status and existing problems of Z Group Company from five aspects of control environment,risk assessment,control activities,information and communication,and monitoring.Proposed perfect suggestions for internal control issues,focusing on the rationalization of two aspects.One is the rationalization of the organizational structure of the Group,the strengthening of the control over sub-branches by the head office and the reduction of redundant project departments so as to prevent the group organization from being too loose,To strengthen the integrity of the group.The second is the rationalization of internal control processes in key business segments.The control of monetary funds,receivables control and engineering settlement business of Z Group Company are relatively weak.The main points of the control procedures are summarized and a concise and clear flow chart is given.I hope this article will help to improve the management of Z Group Company out of control and learn from other construction enterprises in our country.