Research On Internal Control System Of H Real Estate Company

With the rapid development of Sino-economy for forty years,the real estate industry has gradually become the pillar industry of the national economy,and there are many related industries in the upstream and downstream.The worth of millions RMB buster has been the concern of the civilian and even to the whole society.In recent years,the situation of the real estate market is becoming more and more serious: in order to restrain the economic bubble,the state strictly restricts the capital entering the re al estate industry,of which the monopolization increases year by year as well as the competition becomes more violent;Consumers have farther demanding on housing quality and it is becoming more difficult to match the requires.Chinese urbanization stage is drawing to a close.However,the procedure of the real estate market has undergone great changes.Due to the profit,majorization of the internal management and enhancing the competitiveness become the only choice for many real estate enterprises.Based on the modern management theory,especially the theory of supervision feedback,this paper makes a comprehensive description and research on the H real estate company of the existing management structure,flow construction,and key points of concern etc.Using the framework of COSO internal control theory,this paper analyzes and summarizes the internal control problems of H firm from five aspects: control environment,risk assessment,control activities,information& communication,and supervision activities.There are still shortcomings in training and using talents,insufficient valuating of the risks existing in the new industry,imperfect risk assessment system,widespread concealment and neglect of problems in internal control activities,and low level of information technology for management.Meanwhile,the transmission of information is postponed,the communication cost of internal and external is high,the supervision field is subjective,and the establishment of institutions is miscellaneous and so on.In view of the above problems,the author analyzes the reasons and puts forward some suggestions for improvement.He thinks that H firm should strengthen the construction of enterprise control environment,pay more attention to the training of talents,enhance professional promotion,improve the ability of risk identification and awareness of prevention,reinforce the whole business process management of the global awareness and overall responsibility,establish a unified and coordinated information system,keep eye on the internal and external information collection,integrate the supervision department,and promote the quality of supervision activities.The last part of the article summarizes the whole clue of this paper,likewise,the present situation and characteristics of H company are described with the concept of management and the problem is analyzed by using the theory of internal control.Finally,some suggestions for improvement are concluded.Considering the leading position of H real estate company in the industry,the characteristics of its internal control system have very good research values,and the problems it encountered have certain typicality,thus the improvement recommendations given by the author have good reference values.