Research On Internal Control Of Stock Pledge Business Of W Securities Company

China's security industry has been developing for nearly 30 years since the early 1990 s.With the continuous development of the securities industry,many security companies have more or less problems in their internal control process.Most of these problems are caused by the neglect of internal control and risk management in the pursuit of efficiency.As a listed security company,W Security Company has also formulated internal control system and risk management system to avoid the above problems,but the February 2018 "LeShi Stock Pledge Default" incident and the subsequent "W Security Company was suspended by the Provincial Security Regulatory Bureau" incident directly reflect its internal control and risk management problems.The purpose of this paper is to introduce AHP-based rating model into the pre-transaction risk assessment of W Security Company's stock pledge business,and put forward a new idea to improve the internal control of the stock pledge business for the company and similar enterprises.Firstly,this paper introduces the research background and significance,the research status and basic theory at home and abroad,and summarizes the relationship between enterprise internal control and risk management.Then,W Security Company as the research object,briefly introduced the company's situation,introduced the company's stock pledge business process and analyzed the company's stock pledge business internal control status and existing problems.Then,it briefly introduces the situation of Le Video Network Company and the general situation of major share holders stock pledge default events,introduces the comprehensive risk management system and risk management indicators of W Security Company,then analyses the pre-transaction risk identification methods of existing stock pledge business of W Security Company,and finally draws lessons from the credit rating methods of Standard Corporation,and takes Le Video Network and W Security Company in April 2016.For the first time,the stock pledge business is carried out as a time point,and the AHP method is used to score the Le Video Network.The calculated value is significantly lower than the pre-risk identification score of the existing stock pledge business of W Security Company.It is pointed out that the AHP grading model combining quantitative and qualitative methods is more scientific and precise than the existing qualitative methods of W Security Company in pre-risk identification.Finally,some suggestions are given to improve the internal control of W Security Company's stock pledge business.The research shows that the enterprise score calculated by using AHP-based credit rating model in W Security Company can reflect the enterprise credit status more truthfully,scientifically and finely,reduce the economic losses caused by overestimating the credit score of the financier by the qualitative model,and facilitate the enterprise managers to identify and evaluate the financier's risk more accurately.And formulate effective stock pledge business management strategy.At the same time,it also provides a more reasonable scheme for other security companies to learn from.