Research On Internal Control Of Compensation Business Cycle Of Z Company

In the socialized mass production,internal control is the internal mechanism of selfregulation and self-restraint of the enterprise's production and management activities,and is in the important position of the central nervous system of the enterprise.The internal control cycle includes sales and collection cycle,purchasing and payment cycle,production and inventory cycle,compensation business cycle,financing and investment cycle and money capital circulation.Given compensation business cycle including to provide enterprise short-term compensation,after the departure of the worker welfare,termination benefits and other long-term employee benefits summary,the series business such as distribution,payment and accounting treatment process.Because the pay cost is a large amount of expenses in the enterprise's many projects,directly affects the profit and loss calculation.At the same time,there may be some problems such as the loss of cash and the unreal cost in the compensation business cycle,so that the compensation business cycle needs to be taken risk prevention.Therefore,the effective operation of the internal control of the compensation business cycle is of great practical significance to the internal control of the whole enterprise.This paper adopts literature research and case analysis to the Z company pay cycle internal control as the research object,based on the theory of internal control framework,company management goal oriented,with the company's future development strategy as a starting point,analyses the compensation business cycle internal control implementation of the root cause of the effect not beautiful,therefore put forward the feasible solution,in order to promote to other companies,in order to strengthen pay business cycle render your own contributions to the construction of internal control.