Author(s)

Xiaoxiao Shi

Corresponding Author

Xiaoxiao Shi

Abstract

Under the background of rapid economic development, the establishment of modern enterprise internal control system has become an inevitable choice for enterprise reform. The essence of internal control is to ensure the true integrity of financial reports disclosed to the outside world and the legal operation of the company, sustainable development, asset security, etc.. It can play a supervisory role for managers and can evaluate the implementation of the system. For the establishment of modern enterprise system, how to guard against risk is very important. Internal control can play a role in preventing and controlling risks in keeping the company running, financial reporting, etc.. The perfection of internal control directly affects the enterprise's risk response. The current market competition is fierce, only a set of effective internal control system can make enterprises stand out in the market competition, sustainable development.

Keywords

Board Characteristics;Effectiveness of Internal Controls;Executive Rights