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Internal Control Problems and Improvement Measures of High-tech Enterprises: Evidence from a Water Purification Company

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DOI: 10.23977/acccm.2022.040305 | Downloads: 10 | Views: 154

Author(s)

Xin Xie 1, Huiqi Chen 1

Affiliation(s)

1 School of Accounting, Guangzhou College of Commerce, Guangzhou, Guangdong, China

Corresponding Author

Huiqi Chen

ABSTRACT

The perfect internal control of enterprises can ensure the effective operation of funds and avoid operation and management problems. High-tech enterprises must strengthen internal control to take the lead and remain invincible in the increasingly fierce market competition. The management objectives can be achieved only by controlling the operation of high-tech enterprises with compliance. This paper adopts the case study method, takes a water purification company in a high-tech enterprise as the research object, and points out the problems and loopholes in the enterprise's internal control from the management and financial levels. Given the problems found in the two levels of management and finance, this paper puts forward corresponding improvement measures to optimize the internal control construction of high-tech enterprises. This paper not only enriches the relevant research of high-tech enterprises but also combines the author's audit experience to analyze practical problems, which has a certain practical significance for improving the internal control system of high-tech enterprises.

KEYWORDS

High-tech enterprises, Internal control, Improvement measures, Water purification company

CITE THIS PAPER

Xin Xie, Huiqi Chen, Internal Control Problems and Improvement Measures of High-tech Enterprises: Evidence from a Water Purification Company. Accounting and Corporate Management (2022) Vol. 4: 48-58. DOI: http://dx.doi.org/10.23977/acccm.2022.040305.

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