Study On Optimization Of Internal Control Of Y Enterprise Hedging

With the continuous development of globalization and informationization,the number of domestic enterprises using hedging to avoid the risk of price change is increasing.But because the our country enterprises carrying out hedging is shorter,both theory research and practice experience are not rich enough,leading to the situation that hedging effect proves not very ideal.How to carry out the internal control of hedging still remains the emphasis and difficulties of academic communities and enterprises.Most research on hedging in domestic and foreign countries tends to be technical,but in daily operation,it is found that the actual problems faced by enterprises are not all from technical risks.Therefore,this paper makes an in-depth analysis of the concrete problems that are easy to be ignored and exist in the domestic enterprise hedging business,optimizing the internal control framework of the enterprise.The paper firstly introduces the research findings of domestic and foreign scholars on hedging,internal control and risk management and so the internal control related theory.Then,combining the risk management framework for reference issuing by the COSO committee with the case of Y enterprise,it analyzes problems such as hedging risk assessment deficiencies in internal control,financial mismanagement and imperfect accounting system,optimizing internal control according to the problems existed in hedging.This paper analyzes and optimizes the internal control of hedging in combination with practical cases,and plays a theoretical and practical guiding role in the practice of hedging of Chinese enterprises.