Internal Control Design and Evaluation of Power Enterprises

Author: Peng Wenbing, Ma Xinzhi
Publisher:
Publish Date: 2006-11-01
Features: Internal control is an important part of risk management. The establishment of risk management objectives provides a prerequisite for the design and implementation of internal control. Internal control is based on risk assessment and should be evaluated for its implementation results. Internal control is a component of the management mechanism, and it must be organically integrated with other aspects of the management mechanism. Based on this requirement, this book does not focus on a single perspective of enterprise internal control (such as finance) but emphasizes integrating the management mechanisms of power enterprises into the design and evaluation of internal control for power enterprises. This forms a more reasonable and scientific internal control system for power enterprises. Therefore, this book not only has strong theoretical value but also significant practical.
After describing the internal control system of power enterprises through methods such as flowcharts, questionnaires, and written narration, this book provides a more practical evaluation of internal control integrated with power enterprise management mechanisms. It investigates the design, actual operation, and effectiveness of internal control in power enterprises, forming a relatively objective description of the internal control status of power enterprises. This lays a solid foundation for the testing, evaluation, and reporting of internal control in power enterprises.
This book consists of thirteen chapters. The introduction discusses the theory and development of internal control. The remaining twelve chapters explore the design and evaluation methods of internal control for power enterprises, using two types of power enterprises as examples to evaluate the design of internal control processes, performance appraisal, and evaluation. This book is suitable for advanced training and development for management personnel at all levels of power enterprises. It can also serve as a textbook or reference for relevant majors in power universities and colleges.