Research On Internal Control Risk Identification And Response Of SYSW Group

According to China Water Conservancy website,by 2017,there are 1620 enterprises in China's water industry with sales revenue of 201.9 billion yuan,and the development of water industry is accelerating day by day.However,in the process of continuous development and expansion of water industry,the intermal control management problems of water enterprises in the industry are gradually emerging.Weak internal control,imperfect control system and inadequate implementation of internal control system are the main problems and defects existing in water enterprises at present.So a sound internal control system for enterprises.It can better avoid risks that may be encountered in the course of enterprise development,and make the enterprise move forward in the direction of low risk and steady development.This paper is Based on the basic norms of Enterprise Internal Control promulgated and the supporting guidelines of Enterprise Internal Control by the Ministry of Finance.Starting from the present situation of internal control of SYSW Group Co.,Ltd(hereinafter referred to as "SYSW Group"),firstly it introduces the basic situation of SYSW Group,combs the daily business process and the risk that the company may face according to the data collected from the field investigation.At the same time,according to the five elements of internal control,the paper describes the present situation of internal control in SYSW Group,identifies the risks existing in the business activities and probes into the causes of the risks,taking the business activities as the main line.Secondly,according to the identified risks,the paper puts forward the corresponding countermeasures to the risks in the internal control process of SYSW Group.This paper combines the theoretical normative research with the case analysis method,according to the compilation of intermal control management system of SYSW Group,combined with the relevant theories of internal control at home and abroad,through interviews,field investigations and other methods to carry out an empirical investigation of the group.Analyze the problems existing in the internal control process of the company and give corresponding suggestions.The leasures proposed in this paper to reduce the risk of internal control of the group hope to be helpful to the further improvement of the internal control system of SYSW Group and provide useful reference for similar enterprises.