Study On Internal Control Of Purchasing And Payment Business Of TX Automotive Electric Company

Good internal control is a necessary condition for enterprises to prevent production and operation risks and maintain sustainable development.As the origin of enterprise production activities,any mistake in the procurement business may affect the established expected procurement objectives,and then affect the subsequent production and operation activities of enterprises.In recent years,the state has issued relevant policies to strongly support the new energy automobile industry,which has entered the stage of rapid development,and TX automotive electric company has also ushered in new development opportunities and challenges.With the continuous expansion of TX automotive electric company’s business scale and the continuous increase of procurement materials,the company’s procurement and payment business is facing increasing risks.How to make the procurement and payment business of TX automotive electric company more standardized,reduce its operating risk and improve its internal control system is a problem worth studying.This article selects the TX automobile electric company procurement and payment business internal control as a case study object,adopts the method of literature analysis,field investigation and case study of TX automobile electric company procurement and payment business internal control present situation,problems and reasons of thorough research and analysis,the author thinks the TX automobile electric company procurement and payment business internal control needs to be improved and perfected.In terms of the internal control of TX automotive electric company’s purchase and payment business,there are mainly problems such as supplier selection and management risks,imperfect risk assessment mechanism of the purchase business,etc.In terms of the operation,there are mainly problems such as incomplete execution of the approval procedures and imperfect purchase contract management.Through investigation and research,it is found that the reasons for the above problems are mainly manifested as the company’s weak awareness of internal control,unstable operation of OA system,defects in message communication channels and insufficient internal audit supervision.In view of the above problems and reasons,the author proposes the following Suggestions for the internal control of TX automotive electric company’s procurement and payment business: in terms of design,the selection and management of suppliers should be strictly standardized,and the risk assessment mechanism of procurement business should be improved;In terms of operation,improve the implementation of examination and approval procedures,and strictly standardize the management of procurement contracts;In terms of supervision,strengthen the company’s risk prevention and control and supervision awareness,and give full play to the supervision role of internal audit.