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Logistics Co., Ltd. , Jiangsu Yueda Improvement of Internal Financial Control

Author: SunYuanMing
Tutor: ZhangTao
School: Lanzhou University
Course: Financial Management
Keywords: Financial control Internal Control Costing Balanced Scorecard
CLC: F253.7
Type: Master's thesis
Year: 2011
Downloads: 267
Quote: 1
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Abstract


With economic globalization and scientific and technological development , the logistics industry to become a global information one of the fastest growing sectors , while logistics companies face increasingly fierce competition . Logistics company in the fierce competition foothold , it must accelerate logistics management concepts, technologies and organization to improve and upgrade. Logistics Co., Ltd. was established Jiangsu Yueda shorter as emerging enterprises , relying Yue Da Group , around the KIA , Wyatt Bodhidharma Bies , Yueda Textile Group and other key enterprise group, which carried out a related logistics support services, due to its strong logistics management team, advanced logistics information management technologies and gradually improving domestic logistics network , the company has developed into the leading Yancheng freight industry , the main automotive logistics business size and strength among the best in Jiangsu Province . Despite these years, Jiangsu Yueda Logistics Limited has achieved a certain development achievements, but in the process of development , the financial internal controls exist many problems not enough attention , which would seriously restrict Jiangsu Yue Logistics Company Limited effective development . Overall, Jiangsu Yueda Logistics Limited financial internal control problems are mainly as follows: First , poor management of accounts receivable , risk awareness is not strong ; Secondly , cost control ineffective ; Again, budget management is poor ; Finally , performance Evaluation behind. For these situations , we propose the corresponding countermeasures , Jiangsu Yueda Logistics Limited should strengthen the control of credit and debt , strengthen before, during and after the control ; using the activity-based costing for cost control ; develop scientific and financial management system as well as with the balanced scorecard for effective performance evaluation . Internal Financial Control both business management center, but also a comprehensive service center and external to customer service , internal to the business sector services. Therefore, the financial activities of effective internal control is to promote the rapid development of Jiangsu Yueda Logistics Limited is an important measure and protection.

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CLC: > Economic > Economic planning and management > Material economic > Supplies business and management > Financial Management
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