What Are Internal Controls?

Internal control is short for internal control. Refers to the internal control operation of a general company. Internal accounting control refers to a series of control methods, measures and procedures developed and implemented by the unit in order to improve the quality of accounting information, protect the safety and integrity of assets, and ensure the implementation of relevant laws, regulations and rules.

Internal control

The first stage:

"The more and more meetings, the longer the process, the more and more departments involved, is there really less and less risk?" "If each approval always enters the exception management process, it takes time to discuss the normal process What role does it play? "" Is the internal control department a document making machine? If an issue should be reflected in several documents, but it is actually reflected in one document, even if we are willing to do it, how do we do it? " -F research shows that internal control departments of multinational companies are often faced with various challenges from business units. Platinum thinks that how to explain the internal control to the business department is the key work of internal control. The first step for the internal control department is to establish the correct internal control concept for the business department, and to clarify the performance difference between the business department and the internal control department.
The business department is to lead the company to achieve its business objectives with high quality and efficiency, and maximize its value. This goal is the autonomy goal of the enterprise, and it is the pressure on yourself. The measures it implements are all positive measures, in order to achieve the goal of leading the company to the maximum value of the company efficiently. And internal control is more imposed by us externally. It requires everyone in our company to use the right method and do what they should do, instead of using your wisdom and ability to maximize the value of the company . In this sense, the goal of internal control is mandatory, and its measures are defensive. and so

1. The production and operation of an enterprise are always at risk.

1.1. Risks facing enterprises:

Have you encountered the following situations in your work:

When the finance department approves the travel expenses or social entertainment expenses of the sales department, I always hear the sales staff complaining: the review is too strict, we are in charge of the front, and you are pulling us on the back.

Right

Chief financial officer and other relevant senior management personnel

Be responsible for

Master advanced

Correct

In the context of borrowing and introducing foreign vocational qualification certificates, improving and developing the domestic vocational qualification certification examination system, in order to be invincible in the increasingly fierce corporate competition, management must choose professional and technical proficiency in the field of internal control Individuals who employ competent and dependable professionals. Acquiring the qualification of an international registered internal controller indicates that the certificate holder has acquired general knowledge and skills in internal control, and possessed professional competence in internal control. ^[3] International The professional knowledge system and certification standards for the ICICS qualification that registered internal controllers have promoted worldwide. This certification system establishes the requirements for the continuous improvement of the initial qualification standards and professional competence of global internal control professionals.