The Research Of Inprovement Of Internal Control System For HZ Telecom

Internal control is the current hot topic of theory community in China,however,we must recognize that Chinese enterprises still have a lot of errors about internal control in terms of application ideas and actual operation.On June 28,2008,the Ministry of Finance with other five sectors issued "The Basic Norms of Internal Control",which was initially implemented from July 1,2009,within the scope of listed companies to encourage non-listed the implementation of other large and medium enterprises.Undoubtedly,the internal control system in China's enterprises of implement has been provided with a mandatory criterion.Meanwhile,the "Basic Standards" draw on elements of the five basic framework of the COSO Report,it is ponder able for internal control because of strong practical operation.The writer attempt to make an analysis about the internal control of the company in such a context,taking HZ company as the research object,based on the theoretical framework of COSO,through the analysis about the cause of formation of internal control's weakness,in order to propose a solutions strategy.In this paper,the concepts,objectives,elements and other aspects of internal control is firstly discussed and then with the internal control-related theory be researched.Internal control should include all management and control,which penetrated into all aspects of operations and management of the entire process.The internal control's objectives have showed diverse trends.Internal control is made up by five elements such as the control environment,risk assessment,control activities,information and communication,and supervision.