Internal Control Optimization Of R Trading Company's Purchase And Sale Process

At present,it is at the stage of economic development,and chemical raw materials are one of the important production materials.A large number of chemical traders have emerged in the market.As the market becomes more open,the profit margin of the trade and industry continues to fall.Since the establishment of R Trading Company in 2015,although the sales scale has shown an exponential trend,the profit rate has continued to decline,even the average profit level in the chemical trading industry.In 2018,R Trading Company was affected by the adjustment of the parent company's policy,and the sales scale was affected by Waterloo.In addition,the upstream supplier's false value-added tax invoices caused the company to receive tax inspection notices,and the amount of tax involved reached 22.31 million yuan,seriously affecting the normal transaction of the company.This paper uses the case analysis method to thoroughly understand the development status and operation process of R commerce company,and deeply analyzes the defects of R commerce company's internal control in the procurement and payment cycle,sales and collection cycle,and the possible defects.Risk,from the perspective of the five elements of internal control,analyze the reasons for the flaws in the company's internal control,and strictly follow the principles of comprehensiveness,importance,checks and balances,adaptability and cost-effectiveness to propose internal control optimization design for the key links in the purchase and sales process.Taking the COSO framework as a model,it proposes to improve the company's strategic positioning,optimize the division of personnel,establish human resources policies to optimize the company's internal control environment;strengthen the company's risk assessment mechanism;through the business flow chart method to improve the procedures for contract formation and approval,Strengthen the control and management of suppliers and prepayments,increase the acceptance of chemical products to ensure the quality of procurement business,strengthen the credit management of customers and control the business of receivables to improve the control activities of the company's purchase and sales business;Establish an OA office system,use the current science and technology to build an information management system,realize paperless office,facilitate the communication and exchange of information;improve the internal supervision system,so that the internal control of the purchase and sale business forms a complete closed loop,which is convenient for subsequent problems and solutions.The problem is to continuously improve the internal control activities of the purchase and sales process.Through the use of the flow chart method to improve the internal control of the purchase and sales process,to achieve effective avoidance of the various risks faced in the trade process,and make full use of the company's advantages to achieve high-quality business development.At the same time,it is hoped that through the analysis and design of the case company,it will serve as a reference for the internal control design of commercial enterprises.