Research On The Optimization Of HN Hydropower Internal Control System From The Perspective Of Risk Management

With the release of "some opinions on deepening the reform of electric power system",China's electric power enterprises are confronted with the competitive pressure and risk brought by the gradual liberalization of electricity market,while the growth rate of China's electricity demand is highly correlated with the growth rate of the economy,and the survival space of the traditional power state-owned Facing the macroeconomic downward market environment,the increasingly fierce competition environment in the industry and the maximization of the shareholder's benefit,the traditional power enterprises in China must adjust the backward management mode in time and improve the applicability of the internal control system to ensure the sustainable and healthy development of the enterprise.Although the internal control standard system has been running for several years under the impetus of the Ministry of Finance and other institutions,the internal control system of the traditional state-owned enterprise is still in the groping stage,and its control process is generally focused on the business risks and the internal control working mechanism become a mere formality.With the horizontal development of the economy,the internal control theory and the cross integration of the corporate governance,engineering management,informatization and so on,make the boundary and scope of the internal control be magnified gradually,when it becomes the pronoun of "management",Internal control originally based on the internal business process of the purpose and principles have been unable to meet the demands of the rapid development of modern enterprises.The combination of risk management and internal control,whether in theory or in practice,whether for the principle of cost-effectiveness or practicality,has become an irresistible trend in many directions of the development of internal control theory.Therefore,on the basis of the research on the development of the internal control theory,the author takes the large traditional state-owned enterprise HN Hydropower Company Limited(hereinafter referred to as "HN hydropower")as the case study object,through the On-thespot investigation to understand the HN hydropower internal control system,based on the HN hydropower system The demand of the integration of risk control,found that the existing management system risks and internal control,the 3 major problems,such as the absence of strategic and commercial objectives,the lack of correlation between performance and risk control,the risk identification assessment and the unsound warning function etc.Based on this,the author takes the newly released risk management framework elements of COSO as guideline,embarks from the strategic development Plan of HN hydropower listing,puts forward the optimization conception of the risk control pyramid,aiming at its original risk control system,strengthening the position of the strategic goal,The combination of risk and internal control is used to optimize the coincidence of the risk and internal control of HN hydropower.Through the establishment of a sound risk universe information base,quantitative qualitative two-pronged risk assessment model,the risk early warning system in advance,and so on to further enhance the risk management work,at the same time the risk of internal control system work mechanism to maturity,The formation of the HN hydropower internal control system which takes the overall risk management as the direction,provides the powerful support and the safeguard for the electric power Enterprise to realize the strategic goal and the promotion management pattern.