In order to promote the establishment, implementation and evaluation of enterprise internal control, and standardize the audit behavior of accounting firms' internal control, the Ministry of Finance, together with the CSRC, the Audit Commission, the China Banking Regulatory Commission and the China Insurance Regulatory Commission, formulated the Guidelines for the Application of Enterprise Internal ControlNo. 1No.-Organizational Structure, etc. 18 in accordance with relevant national laws and regulations and the Basic Standards for Enterprise Internal Control.
The Guidelines for the Evaluation of Enterprise Internal Control and the Guidelines for the Audit of Enterprise Internal Control (hereinafter referred to as the Supporting Guidelines for Enterprise Internal Control) are hereby issued, which will be implemented by listed companies at home and abroad at the same time on 20 1 1 and 20 12 1.
On this basis, it will be implemented in small and medium-sized board and GEM listed companies. Encourage unlisted large and medium-sized enterprises to implement in advance. All listed companies and relevant non-listed large and medium-sized enterprises are requested to do all the preparatory work before implementation.
Listed companies and non-listed large and medium-sized enterprises that implement the Basic Standards for Enterprise Internal Control and the supporting Guidelines for Enterprise Internal Control shall conduct self-evaluation on the effectiveness of internal control and disclose the annual self-evaluation report. At the same time, hire an accounting firm to audit the effectiveness of internal control over financial reporting and issue an audit report.
Principles of internal control evaluation in enterprises;
(1) Comprehensive principle. The evaluation work should include the design and operation of internal control, covering all businesses and matters of the enterprise and its subordinate units.
(2) the principle of importance. The evaluation work should focus on important business units, major business matters and high-risk areas on the basis of comprehensive evaluation.
(3) the principle of objectivity. Evaluation should accurately reveal the risk status of operation and management, and truthfully reflect the effectiveness of internal control design and operation.