2007Modern Manufacturing Technology and EquipmentRequires access

A Discussion about Private Enterprises Finance Internal Control

MA Shu-yu

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Abstract

With the rapid enlargement the private enterprises in our country, their problems appear increasingly. In most of the Chinese private enterprises there generally exists the phenomenon of emphasizing business and neglecting management. Their financial management foundation and system are weak and uncoordinated as well. Such financial management looses greatly hinder the development of our country's private economy. Thus, in order to promote the healthy development of the private enterprises, it is very necessary that they should strengthen the construction of corporate culture, establish a sound internal control system, and form an effective internal restraint and supervision mechanism.

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What this paper is about

With the rapid enlargement the private enterprises in our country, their problems appear increasingly. In most of the Chinese private enterprises there generally exists the phenomenon of emphasizing business and neglecting management. Their financial management foundation and system are weak and uncoordinated as well. Such financial management looses greatly hinder the development of our country's private economy. Thus, in order to promote the healthy development of the private enterprises, it is very necessary that they should strengthen the construction of corporate culture, establish a sound internal control system, and form an effective internal restraint and supervision mechanism.

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Available abstract

With the rapid enlargement the private enterprises in our country, their problems appear increasingly. In most of the Chinese private enterprises there generally exists the phenomenon of emphasizing business and neglecting management. Their financial management foundation and system are weak and uncoordinated as well. Such financial management looses greatly hinder the development of our country's private economy. Thus, in order to promote the healthy development of the private enterprises, it is very necessary that they should strengthen the construction of corporate culture, establish a sound internal control system, and form an effective internal restraint and supervision mechanism.

Key concepts: Business, Control (management), Internal control, Order (exchange), Phenomenon, Finance, Accounting, Economics

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