Design of Enterprise Internal Control System (Theory and Practice)

Author: Zhu Rong'en, Ying Wei, Yuan Min (editors)
Publisher:
Publishing Date: 2005-06-01
Features: Internal control refers to a series of control methods, measures, and procedures established and implemented to achieve the efficiency and effectiveness of business operations, the reliability of financial reporting, the protection of the safety and integrity of assets, and the assurance of the implementation of relevant laws, regulations, and institutional rules. In developed economies, internal control systems are widely adopted and are becoming increasingly refined, playing a positive role in corporate risk management and audit practices. With the development of the asset market and the growing risks of listed companies, modern auditing has also evolved from compliance-based auditing to risk-based auditing, making the evaluation of internal control systems an essential cornerstone of contemporary auditing techniques. Based on the current state of internal control in Chinese enterprises and incorporating the latest international advancements in internal control theory, this book explores the theory and practice of internal control from multiple dimensions, including the governance of accounting information distortion, financial reporting internal control, and corporate governance. It also provides valuable insights into how internal control and risk management theories can be applied to corporate governance and internal auditing. This book is suitable for professionals in the fields of internal control theory and practice.