Research On Internal Control Of Luzhou Laojiao Sales Business

Since the reform and opening up in 1978,China's liquor industry has experienced steady growth,the first adjustment,rapid development,depth adjustment of four stages of development.The liquor industry is highly sensitive to the country's macroeconomic cycle and national policies and is subject to various tax policies and regulatory requirements of the state.In the past four decades,the liquor industry has both the golden period of volume and price growth and the winter period of avalanche sales.Since 2012,in order to strengthen the Party's political ethos and strengthen the party's mass line education,the central government has introduced “eight provisions” and restricted the consumption of the three publics.As a result,the high-end liquor market dominated by government consumption has shrunk drastically,and liquor companies have cut prices.Volume,lower prices so that each liquor companies compete for each other's market fierce war.On the other hand,as consumers become more rational,young consumers increase,and the e-commerce channel booms,the liquor industry will face transformation and adjustment.Listed wine companies in China's poor development in recent years,the situation needs to focus on internal control,through the construction Set internal controls to help reduce or even avoid the loss of corporate capital interests due to theft,fraud,corruption,etc.However,there are still some deficiencies in the current internal control of the liquor industry,which will cause great problems for the long-term development of the company impact and threats.With the promulgation and implementation of the Ministry of Finance's "Guidance Guidelines for Corporate Internal Control" in 2010 and the in-depth development of the "Basic Norms for Corporate Internal Control" in 2008,the internal control evaluation report for listed companies in China has entered a mandatory stage.However,judging from the actual situation of the evaluation of internal control of listed companies at the present stage,the quality of the reports is both good and bad,and it needs to be strengthened from many aspects.This article adopts a combination of normative theory and practical cases to study internal control research of liquor listed companies at home and abroad.Through research on the problems existing in the internal control of the sales business of listed company Lu zhou lao jiao,the liquor sales business and the internal control of inventory are refined.The common factors on the one hand,on the other hand,will help liquor companies increase the internal control level of their sales business and enable them to maintain a good stock of deposits,which is of significance for the establishment of the internal control system for the liquor sales business.On the other hand,it provides a reference for liquor enterprises to conduct internal control evaluation of sales business based on COSO framework and Basic Rules for Enterprise Internal Control.Combine the company's internal control evaluation report published by listed companies in the alcohol industry and the internal control environment data analysis table collected,and provide relevant suggestions for the sales business and good inventory of the listed companies in the wine industry for reference...