Research On Internal Control Optimization Of D Jewelry Company

Small and medium-sized enterprises have a long history of development in China.In China,most of the small and medium-sized enterprises belong to family enterprises,which have existed widely since ancient times and have a huge base.They are an important part of China's economic system and have made an important contribution to China's social progress and economic development.Family business plays an important role not only in China,but also in the world.Wal Mart,P & G,Johnson & Johnson,Disney and other familiar enterprises are family enterprises.Although the family business has unique advantages,but also because of its family characteristics,there are many problems in the development process,especially in the performance of internal control.If these problems are not properly handled,they will become the bottleneck restricting the development of enterprises.Firstly,this paper expounds the related concepts and theories of internal control in detail,and takes COSO-ERM framework,basic norms of enterprise internal control and its supporting guidelines as the theoretical basis.This paper selects D small and medium-sized private enterprises as the research subject,intercepts the three-year financial statements of company D and its branches from 2017 to 2019 for quantitative analysis,and then conducts qualitative analysis on the internal control questionnaire survey of company D.Combined with quantitative and qualitative methods,this paper analyzes the internal control situation,and finally finds out that there are problems in the internal environment,risk assessment,control activities,information and communication,and internal supervision of company D.these problems occur because company d did not carry out internal control construction according to its actual situation in the past operation process of Nissan,resulting in internal control eventually becoming internal Human control.Based on the causes of D company's problems,combined with COSO-ERM framework,this paper optimizes the internal control of D company,and puts forward specific optimization measures.First of all,according to the objectives of internal control system construction,the corresponding objectives of company D are determined,and the governance structure of company D is optimized,and specific suggestions are given on the management objectives of gold and jewelry inventory;secondly,requirements are made on the basic principles of internal control system construction according to the basic norms of internal control and its supporting guidelines;and then based on the five elements of internal control Finally,the macro objectives of D company are decomposed into internal control objectives,and then the internal control objectives are subdivided into two levels of control elements,including 5 primary control elements and 16 secondary control elements.Thus,the internal control system of company D is established,and the guarantee for the implementation of internal control of company D is elaborated according to the internal control system measures.Through COSO-ERM framework,basic norms of enterprise internal control and its supporting guidelines,D company finally established a set of its own internal control system,but the system still needs to be verified in practice.In the follow-up,the internal control system of company D should be further improved according to the defects fed back from the verification results.