Enterprise internal control and risk management

Author: Youlian Shi Jun Management Consulting
Publisher:
Publish Date: 2005-07-01
Features: Based on our practice, this book has become a limiting factor in the effective implementation of risk management in corporate daily operations in the following aspects. Judgment errors: The effectiveness of risk management is limited by human errors in operational decision-making; Management override: Dominating or failing to execute established policies or procedures to achieve illegal purposes (Management "override" should not be confused with management "interference." Management "interference" is essential for handling non-compliant transactions, and the interference actions are disclosed externally with documentation. In contrast, those engaging in override behavior intentionally hide their activities); Collusion: The collusion activities of two or more employees can lead to the failure of risk management. Subjective cost-benefit analysis, overly detailed classification. Against the backdrop of new requirements of the capital market for corporate governance, we will, through the detailed description of the Sarbanes-Oxley Act of the U.S. capital market in this book, outline a clear and comprehensive picture of corporate governance and internal control, providing more references for our country's listing supervision departments and consulting companies to improve corporate internal control and enhance corporate governance.