Study On Internal Control Optimization Of DX Company’s Purchasing Business

Since the beginning of the new century,the speed of economic globalization has increased significantly,and as a result,the challenges faced by enterprises have increased.More and more enterprises have gone bankrupt,and many of them even went bankrupt despite appearing to be profitable.Financial fraud,financial fraud,violations of the scandal are also common.According to reliable statistics,in the percentage of causes of enterprise failure,poor management reasons as high as 91%,it can be seen that out of control is the biggest threat of enterprise failure.The emergence of the Enron event in the United States in 2001 improved the managers’ awareness of the important position of internal control in the development of enterprises,and the establishment of a sound and perfect internal control system has become the focus of concern for all enterprises.However,internal control is not completely unified,each enterprise should establish its own proprietary internal control system,and timely modification and optimization to conform to the development of the market environment.Procurement business is the source of the company’s operation and operation.If there are problems in the procurement business,the company’s production and sales will be greatly disturbed,which will further affect the cost and profit of the enterprise.Therefore,this paper chooses the procurement business for the study of internal control.The research object of this paper is DX Company,which belongs to the manufacturing industry.After referring to a large number of domestic and foreign literatures,the internal control of the company’s procurement business is studied by case analysis and inductive deductive method.In pricing mechanism,the research found that DX company supplier management,contract signing,product in inventory management,accounts payable management has certain problem,to solve these problems,this article analyses reasons on the basis of the five elements of internal control,in the business level optimization measures are put forward:pricing mechanism on adding way of bidding,supplier management evaluation method increased the legal effect,the contract signing process and added in the product acceptance link quality management department to carry on the special inspection,and optimize the management of accounts payable.At the same time,it also puts forward the optimization at the company level:improving the organizational structure,establishing risk assessment team,building information exchange platform,strengthening internal audit supervision,and clarifying the definition of regulatory blame.In addition,the corresponding optimal safeguard measures are put forward.Through the study of this paper,on the one hand,it is helpful to improve the role of internal control in the procurement business of DX Company,and to improve its market competitiveness;On the other hand,it can be used for reference to improve the internal control system and optimize the purchasing business of other enterprises.