Research On Internal Control Of Financial Sharing Center

With the expansion of enterprise scale,in order to better integrate enterprise resources,the Financial Sharing Center has gradually become the financial organization form of large enterprises and improve the efficiency of enterprise financial management.However,with the establishment of the new financial organization form,the corresponding key points of internal control have also changed.At the same time,there are huge risks hidden in the sharing center.Therefore,how to effectively improve the internal control of the sharing center is a problem that all companies need to think about and solve.Z company is a super large state-owned enterprise mainly engaged in construction.Its financial sharing center was established in 2018.With the development of the sharing center,there are still some problems in its internal control system.Based on the case background,the author makes use of the internship opportunity to conduct in-depth enterprise research and obtain relevant materials.Based on the COSO framework,this paper first deeply expounds the current situation of internal control of Z company,points out the existing problems,and puts forward corresponding improvement suggestions.By analyzing the current situation of internal control of Z company’s sharing center,this paper finds that there are deficiencies in human resources,organizational structure and department culture in the control environment;The risk assessment lacks a complete set of identification and response system;Control activities mainly need to be further strengthened in budget,accounting system and employee management control;From the perspective of information and communication,we need to improve the security,utilization and transmission of information;There are some problems in internal supervision,such as lack of department,lack of internal control manual and non objective internal evaluation.Based on the current situation of the company’s internal control environment and sharing,this paper puts forward suggestions on the reconstruction of the company’s internal control environment,and puts forward suggestions on the improvement of its internal control center based on the particularity of the company’s internal control environment and sharing;In terms of risk assessment,it puts forward suggestions on determining risk management objectives,doing a good job in identification and response,and setting up special risk management posts at the same time;In terms of control activities,it puts forward some suggestions on doing a good job in budget,accounting system and employee management control;In the aspect of information and communication,it puts forward some suggestions to improve the management mechanism,strengthen the construction of information sharing platform and improve the way of information communication;In the aspect of internal supervision,it puts forward some suggestions on establishing internal supervision mechanism,internal control manual and improving the objectivity of internal control evaluation.In addition,in order to improve the application value of this paper,all the suggestions are summarized and summarized,and three suggestions are put forward according to the importance and implementation order: first,clarify the construction objectives of internal control and set up a special group to carry out the construction;Second,build a complete organizational structure and add internal control posts;Third,expand the financial sharing module and enhance the interconnection effect.