Research On Optimization Of Internal Control Of Aquaculture Enterprises Based On The New Framework Of COSO-ERM

The rapid development of modern social economy and network technology has forced enterprises to face increasingly complicated management and management situations.People have further understood risk management and internal control in the practice of enterprise management.Enterprises need to use updated theoretical guidance systems or Combine with risk management framework to manage.Finally,in September 2017,under the urgent expectation of many risk management companies around the world,the COSO committee issued a major change in the comprehensive risk management framework.If the goal of the enterprise is to maximize the value of the enterprise and provide guarantee for the realization of the strategic goal,then this new framework fully complies with the requirements of the enterprise,focusing on how the enterprise should proceed from a new perspective,that is,using the theory of risk management to Provide protection for the internal control of the enterprise.In recent years,while the rapid development of various industries,the aquaculture industry is unstoppable.Not only are there some listed aquaculture enterprises,but many companies have also invested in the aquaculture industry.The central government and local government have issued various development policies to support the development of the aquaculture industry.In 2018,the Chu Ying AGRO-Pastoral Group was questioned by a article about its financial fraud.Previously,in its 2017 audit report,the accounting firm it hired also denied the effectiveness of the internal control of the financial report.These phenomena provide a warning for the flaws in the internal control of Chu Ying AGRO-Pastoral Group.Under this background,the selection of typical cases to analyze the internal control problems of domestic breeding enterprises can be used as a reference for the internal control problems of other breeding enterprises,and at the same time.At the beginning,this article stated the background,and significance of the research,read and sorted out the relevant literature reviews.The second part introduces the internal control framework andthe risk management framework.It focuses on the new features of COSO-ERM(2017)and explains the relationship between the internal control and the new framework of risk management.Secondly,this article introduces the development status of the aquaculture industry and analyzes the current internal control problems that exist in aquaculture enterprises.At the same time,a case study of Chu Ying AGRO-Pastoral Group was selected for reviewing the occurrence of Chu Ying AGRO-Pastoral Group events.Under the new framework selected,what problems existed in all aspects of Chu Ying AGRO-Pastoral Group internal control,including problems such as not building a risk culture,irrational strategy and goal setting,problems in related business activities,review and revision,and shortcomings in communication.Afterwards,through the research and application of the new COSO-ERM(2017)framework,this article explains the internal control optimization objectives,optimization principles,and optimization ideas under the new framework perspective.Such enterprises put forward suggestions for optimization of internal control.Finally,according to the series of studies in this article,the research results are summarized,and prospects for further research in the future are proposed.