Research On Internal Control Optimization Of Fixed Asset Of H Company

With the rapid development of the economy,the internal control of enterprises has become the main part of the operation control of enterprises,and has a vital impact on the company’s economic operation,at the same time,with the continuous advancement of the reform of the socialist market economic system,the asset management mode and mode of China’s state-owned enterprises have also undergone great changes,state-owned enterprises in the process of economic development The dominant position and supporting role are becoming more and more prominent,and the importance of asset management is gradually highlighted.For manufacturing enterprises,infrastructure and manufacturing R& D equipment and other fixed assets to provide a long-term business development basis,and fixed assets have the characteristics of long service life,high value,large space occupation,etc.,which also puts forward higher requirements for fixed asset management,it is inevitable that there are imperfections in the process of fixed asset management,so it is very important to promote the optimization of fixed asset management,improve the efficiency of the use of existing assets,ensure the safety and integrity of assets,and establish a reasonable management system.This paper takes Company H as an example and investigates its activities of internal control of fixed assets through literature review,case study method,quantitative and qualitative analysis and comparative analysis.Firstly,it defines the concepts related to fixed asset management,literature review and theoretical framework,and analyses the current background,organisational framework,and the current situation of internal control of fixed assets in Company H.It is found that its financial indicator-fixed asset turnover ratio is significantly lower than that of other enterprises in the same industry,indicating that the level of fixed asset management in Company H is lower than that of other companies in the industry.Then,starting from the five dimensions of enterprise management,namely strategic management,planning management,process management,organisational management and cultural management dimensions,a three-tier evaluation index system was constructed through an internal questionnaire,and the effectiveness of internal control over fixed assets of Company H was evaluated based on methods such as hierarchical analysis and scored using the fuzzy comprehensive evaluation method to identify the problems in its control activities,which mainly included.In terms of strategic management,the information construction of fixed asset management is not high,and the attraction to talents is weak;In terms of program management,the budget preparation is not reasonable enough,and the budget evaluation system is a mere formality;In terms of process management,the implementation of relevant documents is insufficient,and the process lacks effective supervision,and some work lacks specialization;In terms of organization and management,the definition of fixed asset management authority is not clear,and there is a lack of fixed asset risk assessment system;In terms of cultural management,the integration of corporate culture and internal control of fixed assets is ignored,and there is a lack of training on the internal control concept of grassroots employees,insufficient motivation for employees and poor information communication.Finally,through the study of this paper,with reference to the provisions of the Basic Standard System for Enterprise Internal Control,the Guideline for the Application of Enterprise Internal Control No.8-Asset Management and other relevant documents,the effective improvement methods and corresponding suggestions are put forward in the light of the actual situation of Company H: to improve the management of internal control over fixed assets at the overall level of the enterprise,to help Company H enhance the internal control over fixed assets.It will help Company H to improve the level of internal control over fixed assets,ensure the security and integrity of fixed assets and promote the long-term and stable development of the enterprise,with a view to reducing the company’s business risks,improving the efficiency of capital use,enhancing the economic efficiency and management level of the enterprise,and contributing to the more effective asset management of the enterprise and enhancing the core competitiveness of the enterprise.