What are the financial internal control systems?

Legal analysis: Financial internal control includes division of responsibilities control, authorization control, examination and approval control, budget control, property protection control, accounting system control, internal reporting control, economic activity analysis control, performance evaluation and control, information technology control, etc. Financial internal control is a series of control activities implemented by the board of directors, management and all employees of the enterprise, aiming at reasonably ensuring the realization of the basic objectives of the enterprise.

Legal basis: Article 24 of the Detailed Rules for the Implementation of the Law of People's Republic of China (PRC) Municipality on Tax Collection and Management shall, within/0/5 days after receiving the tax registration certificate, submit its financial accounting system or financial accounting treatment measures to the competent tax authorities for the record. Taxpayers who use computers to keep accounts shall submit the accounting software, operating instructions and related materials of the computerized accounting system to the competent tax authorities for the record before use. The computerized accounting system established by taxpayers shall conform to the relevant provisions of the state and can accurately and completely calculate their income or income.