FMEA For Risk Control In Sukang Co.ltd

Various risks are increasing under fierce competition of global environment,more and more risk bring larger loss to the enterprise.Thus,the enterprises paid high attention to risk management.In recent years,large domestic and foreign enterprises have put forward the implementation of risk management and strengthen internal control,which is the inevitable requirement of the times,even become a trend of the global business management,many foreign companies realized effective internal control is an important element in the entire management process.The soundness of the internal control is closely related to the success or failure.The nominal internal control can ruin a business,and effective internal controls can be a key to success.Sukang company is a US company which follows up COSO within the organization.?would like introduce the risk management system by using the theoretical knowledge what I learnt in MBA courses,then combined with the status of the company's internal control and risk management,such as practical work,problems encountered and the risks what my company facing,then try to give a more objective analysis and find the corresponding countermeasures on finance view.This paper first describes the importance of enterprise risk management,then taking Sukang company as an example to carry out a comprehensive conception of internal control and risk management,followed by an overview thru FMEA analysis,the countermeasures to prevent and resolve business risk.What I am intended to alert:Although the risk is everywhere,but we can use scientific methods to predict risk and determine the priority and the implementation of certain internal control by using existing resources,anti-suffering the whole process of things.