Research On Internal Control Of Enterprise Development Strategy Adjustment In Transformation And Upgrading

China’s construction industry is facing the pressure of transformation and upgrading and market competition,which requires enterprises to adapt to the changes in market demand,adjust development strategies and achieve high-quality development.In the process of strategic adjustment of transformation and upgrading,enterprises are often faced with complex internal control problems,such as imperfect management system,risk management is not in place,and information disclosure is not transparent.These problems may lead to the failure of enterprise strategic adjustment or poor effect,and even have a negative impact on the long-term development of enterprises.Therefore,it is of great significance to strengthen internal control for strategic adjustment in enterprise transformation and upgrading.Taking X Construction Company as an example,based on the COSO framework,this thesis explores how enterprises can identify and manage risks through internal control during the strategic adjustment of transformation and upgrading,ensure the smooth implementation of strategic adjustment,and achieve the goal of high-quality development and competitiveness improvement.On the basis of clear research background and significance,this thesis firstly combs and analyzes the research status at home and abroad,and then defines related concepts including strategic adjustment,internal control and internal control evaluation,and expounds the theoretical framework of COSO and the evaluation method of internal control.After that,it analyzes the status quo of X Construction Company’s transformation and upgrading strategy adjustment and internal control,focusing on the development strategy adjustment of X Construction Company’s transformation and upgrading and its impact on internal control,as well as the status quo of X Construction company’s internal control after strategic adjustment.X Construction company’s strategic adjustment has an impact on many aspects of X Construction Company’s internal control,including business process change,organizational structure adjustment,financial report change,risk management change,personnel change.Then,based on the five elements of internal control of COSO framework and the actual development of X construction company,an internal control evaluation index system containing 5 first-level indicators and 27 second-level indicators is constructed.In addition,analytic hierarchy process and fuzzy comprehensive evaluation method are used to conduct quantitative evaluation on the internal control of X Construction company.Based on the evaluation score of the secondary index and the actual situation of the enterprise’s internal control work,the main problems in X Construction Company’s internal control environment,risk assessment,control activities,information and communication,and internal supervision are summarized.Finally,from the internal control environment optimization,risk assessment optimization,internal control activities optimization,information and communication mechanism perfection,internal control supervision put forward the corresponding improvement measures and suggestions.