Research On The Internal Control About The Tax Business Of Tonghua Dongbao Pharmaceutical Co.,Ltd.

Since the introduction of national internal controls in 2011,more and more enterprises have come to realize the importance of implementing internal controls to avoid operational risks.An enterprise must bear corresponding social responsibilities when it develops to a certain scale,and one of the most intuitive manifestations of corporate social responsibilities is the tax obligations it undertakes.As enterprises do better,the tax business involved in its operation will also become more large and complex.Some enterprises do not pay enough attention to the state's tax policies and regulations,and they always ignore the tax risk involved in formulating business strategies and the internal configuration of people,money,and goods.This has led to higher tax costs for enterprises.In particular,traditional production industries such as the pharmaceutical manufacturing industry are facing transformation and development after the completion of restructuring.In addition,the main business,market strategy,and financial information transparency of the company are improved after the company is listed,and its management is under greater pressure.When developing the internal control system of the enterprise,it often does not pay attention to the supervision and control of the tax-related business.It is considered that it is only a branch of financial management that will not change,and this brings tax risk to enterprises.Taking Tonghua Dongbao Pharmaceutical Co.,Ltd.as an example,this paper studies and demonstrates the internal control of tax-related business by means of literature research and questionnaire survey at homeland and abroad.Through investigation and analysis,it is concluded that the company has insufficient understanding of internal control of tax-related business,lack of internal control institutions of tax-related business,and the early warning mechanism of risk of tax-related business has not yet taken shape.Research conclusions include asymmetric information communication in tax-related business and lack of high-level professionals.According to the company's operation situation and the advanced experience at homeland and abroad,this paper puts on six suggestions on Tonghua Dongbao Company,including strengthening risk awareness of tax-related business,establishing tax-related business management departments and systems,formulating internal control norms of tax-related business,strengthening communication and cooperation,accelerating the introduction and training of high-level professionals,and strengthening assessment and evaluation.At present,domestic scholars mainly focus on the research of enterprise financial internal control,while the study of internal control of tax-related business focuses on real estate industry.Few studies have been conducted on the internal control of tax-related business of pharmaceutical manufacturing enterprises,which is a sub-area of internal control.This paper studies the internal control of tax-related business of Tonghua Dongbao Pharmaceutical Co.,Ltd.from a new angle.It is hoped that we can reduce the cost of tax payment for the company and maximize the benefits of the company through the research on the internal control of tax-related business of Tonghua Dongbao pharmaceutical Co.,Ltd.At the same time,the author can have a deeper and thorough understanding of the basic frame of internal control to improve the theoretical level with a view to innovating and developing similar domestic research.