Research On Internal Control In Financial Sharing Mode Of Xiexin Group

After our country has stepped into the fast lane of economic development,Chinese enterprises have mushroomed rapidly.In this process,there are many multinational enterprises and enterprise groups.In the process of enterprise expansion,because of acquisition or merger and other reasons,it is inevitable to lead to the problem of overlapping functions of internal organizations.The overlapping,jumbled and opaque management levels not only bring trouble to the management and control of enterprises,but also increase the management cost of enterprises.In order to solve these problems,group enterprises focus on financial sharing.Although financial sharing provides convenience for many enterprises to strengthen management and control,and reduces the cost of enterprises,it is also common for enterprises that establish financial sharing center to follow the traditional internal control system.Due to the establishment of financial sharing,the risk points of internal control system will also change,ignoring the change of internal control system,group management and control of enterprises,and the rational use of funds It will bring challenges,and the distortion of accounting information will also affect the formulation and implementation of enterprise strategy.Therefore,it is necessary to formulate corresponding internal control measures under the condition of financial sharing.Through the methods of literature research,case study and inductive analysis,this paper first finds out the relevant concepts and theories of financial sharing,internal control and internal control under Financial Sharing,and then takes COSO internal control framework as the carrier to analyze the current situation of internal control under the financial sharing mode of XX group from five aspects: internal control environment,risk assessment,control activities,information and communication and internal supervision To analyze its internal control effect,advantages and disadvantages.The study found that the internal control of XX Group under the financial sharing mode is relatively excellent,which provides support for the efficient operation and stable development of the group.The outstanding advantages in the five elements of internal control are mainly reflected in the transformation of the structure,the construction of career path and corporate culture,the reengineering of process,the multi-channel information communication mechanism and the emphasis on self supervision The analysis also found that under the current financial sharing internal control conditions can still optimize the process or the existing risks,including the rigid approval mechanism,the defect of reimbursement control,the lack of personal credit construction,performance evaluation and risk management and control.This paper further proposes optimization measures for these risks,and constructs a more perfect business process,in order to help The Financial Sharing Center of the enterprise can better serve the strategy of the enterprise,and also hope to provide reference for other enterprises applying financial sharing to improve internal control.