Research On Internal Control Of Petro China J Sales Company

With the development of the times,internal control also keeps pace with the times.More and more people find that internal control is an effective means for enterprises to find problems,find loopholes,remedy defects,strengthen management and improve financial situation and operating results.But in the actual work,there are still many enterprises do not attach enough importance to internal control.Many enterprises pay more attention to production and sales than to internal control.Even if some enterprises have a complete set of internal control system,but the actual implementation is difficult.In state-owned enterprises,the situation of group companies or provincial companies is relatively better,the more downward extension,the more serious the problem of internal control of enterprises.It is not only the lack of system,but also the difficulty of effective implementation of the existing system.Therefore,the municipal and prefectural sales companies affiliated to provincial companies urgently need to solve the internal control problems they are facing in order to ensure the sustained and healthy development of enterprises.As a state-owned petroleum sales enterprise,J company has an absolute advantage in market share.But the company has lost money for four consecutive years in the past five years.If J company wants to turn the situation around and get rid of the predicament,the key is to improve the internal control of the company in an all-round way.This paper takes PetroChina J Sales Company as the research object,based on COSO internal control framework,through field investigation and in-depth investigation of various departments and posts,to analyze the actual cases and incidents of enterprises,and to conduct in-depth interviews with witnesses of relevant parties.On the basis of summarizing domestic and foreign literature,this paper starts with five elements of internal control of J Company.The current situation is analyzed and studied.It is found that there are many problems in J company,such as lack of positive working environment,lack of risk response strategy,unreasonable performance appraisal system,lack of timely and detailed information,and disconnection between continuous monitoring and control.These problems restrict the development of enterprises,and will bring adverse effects to the business activities of enterprises.Through a comprehensive analysis of the causes of J company's control problems and combining the internal control theory with the company's actual situation,this paper puts forward many measures to comprehensively optimize the company's internal control,such as strengthening the construction of honesty and moral values,establishing a risk response database,establishing a scientific and reasonable performance appraisal system,making the information transmission work of the special person responsible,and building an embedded continuous monitoring system.In order to improve the internal control system of enterprises and reverse the situation of loss of enterprises.Through the improvement and perfection of internal control of J Company,we hope to optimize the internal control system of J Company,improve the internal environment of the enterprise,improve the ability to respond to risks,enhance the effectiveness of various control activities,ensure the timeliness of information and smooth communication channels,and strengthen the fit between internal supervision and enterprise activities.It has played a positive role in promoting the development of internal control of J Company,and hopes to provide some help for other similar enterprises.