Research On The Improvement Of Internal Control Of Purchasing Business In X Company Manufacturing Enterprise

Among the businesses involved in manufacturing companies,the sourcing business is a link to focus on.At the same time,ensuring the legitimacy and compliance of the procurement business’s internal control is also particularly important for the company’s internal control.A legal and compliant internal procurement control system covers the five key points of a healthy and orderly internal environment,an accurate and comprehensive risk assessment,effective control activities,timely and fluent communication of information,and effective internal oversight.With increasingly fierce product competition between companies,there are increased requirements for companies to improve the quality of their products.The first step in improving product quality is executing the procurement business.For Company X,the question of improving and strictly implementing internal control of the procurement business has become an urgent matter..This article is based on COSO’s internal control framework,corporate internal control specifications and supporting guidelines,and looks at improve the internal control of Company X procurement business through internal environment,risk assessment,control activities,information and communication,and internal oversight.as objects.First,using the written survey method and the on-site inspection method,through the questionnaire survey and in-depth communication with the employees of the relevant departments of the procurement business of Company X,the information was collected Relevant and current status of internal control of the procurement business of Company X was analyzed in detail.Internal control of Company X’s procurement business was found to be in progress.Including the five aspects of the risk assessment that are not being carried out effectively,the supplier assessment update is not being carried out regularly,lack of emergency procurement process,insufficient procurement acceptance process,and incomplete internal oversight system;second,in accordance with relevant regulations,apply systematic evaluation theory to correct X The company has identified the key risks in the procurement business internal control,completed the corresponding model for risk assessment,selected two criteria for the possibility of risk and the level of risk impact,and carried out a comprehensive assessment of the internal control risk of the procurement business;then,X The corresponding control activities for risks in the internal development of the company’s procurement business include the improvement of the supplier evaluation and update process,the emergency procurement process,the procurement acceptance process,and the improvement of the internal oversight process;finally,in order to ensure internal control of the company’s procurement business X Effective operation,from the three aspects of improving the quality of internal procurement control personnel,giving importance to the connection between the effects of internal control of procurement and performance evaluation,and adopting internal and external integration to improve the fairness of internal control of the procurement business.and present specific implementation recommendations.