Research On The Internal Control Of Monetary Funds In X Education Group

Internal control of enterprises is one of the hot topics concerned by scholars at home and abroad.Typical events such as the Bank of Bahrain?Enron?Sanlu Group and Yinguangxia in China all reveal various problems in internal control of enterprises.Practice has proved that for an enterprise,an effective internal control system can improve the work efficiency of personnel,enhance the internal manage.Ment level of the enterprise,help the enterprise to avoid risks,help the enterprise to carry out production and operation in an orderly manner,and supervise the legal operation of the enterprise,etc.The internal control of monetary funds is an important part of the internal control of enterprises,and the use efficiency of monetary funds directly affects the operating efficiency of enterprises.As the most liquid asset in enterprise property,the probability of some undesirable phenomena such as misappropriation and corruption of monetary funds is much higher than that of other assets,so monetary funds are also the assets with the highest control risks.By controlling the inflow,outflow and custody of cash,bank deposits and other monetary funds,enterprises can achieve the management objectives of monetary funds,eliminate loopholes in the management process,reduce financial risks of enterprises and improve the efficiency of the use of monetary funds.The education and training industry is China's sunrise industry.With the rapid economic development,the demand for improving citizens' quality is increasing year by year,and the market share of education and training is increasing year by year.The X Education Group studied in this paper is a group enterprise whose main business is K12 education and training.The monetary fund risks of a single enterprise mainly focus on safety,stability,legality and efficiency,while the monetary fund control of group enterprises is more complicated.It is not only necessary to meet the monetary fund control objectives of each branch,but also to consider whether the monetary fund exchanges between branches,branches and group companies can maintain dynamic balance,how to reduce the overall financial cost of the group and improve the use efficiency of the group's monetary fund,etc.This paper uses the method of literature research to sort out and sum up the relevant theories of monetary fund,collects the evaluation data of X Education Group's internal control of monetary fund by the method of questionnaire survey to the expert group,and evaluates its effectiveness by using the fuzzy comprehensive evaluation method.According to the evaluation results,the internal control score of X Education Group's monetary fund is 72.35,which is between generally good and basically guarantees the safety and efficiency of the Group's daily operation.Based on the evaluation results,this paper analyzes the problems existing in the current internal control system of monetary funds,and puts forward specific optimization suggestions for the existing internal control system,hoping to help X Education Group to improve the effectiveness of its internal control of monetary funds and provide a reference for enterprises in the same industry.This article concludes that X Education Group needs to improve from the following five aspects.1.To strengthen the assessment and management of financial personnel in controlling the environment;formulate salary incentive policies;provide systematic training to financial personnel.2.Classification of different risk items in risk assessment;formulate corresponding risk response measures;improve risk assessment technology.3.Strictly enforce the rotation system control activities;strengthen the preparation,implementation and assessment of the budget.4.Improve the external communication mechanism in information communication;optimize the anti-fraud mechanism.5.Increase the independence of the internal audit department in terms of supervision;strengthen the supervision of relevant departments.