Research On The Influence Of Financial Shared Service Mode On Internal Control Of Group Company

Supported by the policy of reform and opening up,all kinds of large group companies in China actively integrate into the economic globalization and realize transnational operation.These enterprise groups through improving the industrial chain,constantly improve product quality and R&D investment,through mergers and acquisitions and other forms of expansion of group size,increase market share,enhance the comprehensive strength of the group companies.However,the repeated construction of basic departments and the overstaffed structure of auxiliary functional personnel have greatly increased the operating costs of the group.In this context,the introduction of advanced ERP enterprise resource planning system,through information and automated financial software,standardized business processes,centralized financial accounting,the construction of financial shared service center has become a strategic choice of many group companies.But at the same time,it should be noted that the implementation of financial shared service mode requires timely improvement of the internal control system of the group company,so that it can identify and evaluate the risks in the financial process in time and make effective responses.This thesis selected the GCL group established semiconductor sector financial Shared services center as a case study object,financial Shared services model to explore the impact on the corporation internal control.Firstly,this thesis systematically sorts out the research literature of domestic and foreign scholars on financial shared service model and internal control system,and summarizes the theoretical basis such as the theory of scale economy and the theory of organization flattening.Secondly,using the basic theory,this thesis discusses the mechanism and path of the influence of financial shared service mode on the internal control of the group company.On this basis,according to the on-the-spot investigation of XX semiconductor company,using case analysis,the internal control under the XX semiconductor financial Shared services model running status of the investigation and analysis,and starting from the five elements of internal control,financial Shared services mode reveals that the case company internal control system has many problems,according to the problems existing in the internal control system put forward the corresponding optimization Suggestions.Through the study of this article,the hope can give the implementation of financial Shared services model group co.,LTD.,or operating across multiple industries,diversified development of comprehensive enterprise,to provide some useful ideas of financial Shared services center construction,help them to improve the system of internal control in time,improve the quality of financial information,improving operation management efficiency and achieve the desired group development goals.