Research On The Internal Control Effectiveness Evaluation Of C Company

Since the last century,the frequent occurrence of financial fraud at home and abroad has caused the business community,the public and government departments to attach great importance to the internal control of enterprises,promoted the government and regulatory departments to further standardize the internal control system of enterprises,and issued relevant policies and regulations.At present,the COSO? Internal Control Framework and the Sarbanes Act are the results of more authoritative international internal control research.Under the influence of international advanced achievements,five ministries and commissions,such as the Ministry of Finance,the Securities Regulatory Commission and the Audit Office of China,jointly promulgated the basic norms of enterprise internal control and the supporting guidelines for enterprise internal control.But these regulations and Enterprises are not allowed to avoid serious economic losses or even bankruptcy results caused by the failure of their internal control.Therefore,it is not enough for enterprises to have only internal control system,and it is also necessary to evaluate the effectiveness of their internal control in design and operation in real time.The evaluation of the effectiveness of internal control is not only helpful for enterprises to find out the defects and loopholes in their internal control in time,and then to improve and perfect the internal control of enterprises,but also to improve the management level andadaptability of enterprises,and finally to achieve the objectives of enterprises.Based on the literature research method,questionnaire method and so on,this paper first expounds the concepts of internal control,internal control effectiveness,internal control evaluation,and introduces corporate governance theory,risk management theory,key performance index theory,COSO-ERM(2017)framework theory and so on.Secondly,it summarizes the present situation of internal control and its evaluation in C company,and analyzes the main problems.Thirdly,according to the characteristics of C company's biomedical industry and the actual situation of C company,based on the five elements of COSO-ERM(2017)framework and twenty basic principles to construct C internal control effectiveness evaluation index system.Thirdly,collecting and collating the data used to evaluate the effectiveness of internal control in C company,using the constructed evaluation index system combined with fuzzy comprehensive evaluation method to evaluate the effectiveness of internal control in C company.As a result,there are serious defects in the internal control of C company,and the internal control system has not been effectively implemented.Then,starting with the five first-level indexes of C company's internal control effectiveness evaluation index system,this paper analyzes the causes of the defects in C company's internal control.Finally,the author puts forward five suggestions forimproving the internal control of C company.aim to improve the effectiveness of internal control in C companies,and also provide reference for similar enterprises to evaluate their internal control.