Keywords
Internal control
Fund management
Submitted : 2022-07-09
Accepted : 2022-07-24
Published : 2022-08-08
Abstract
Monetary fund is the most fundamental element for enterprises to engage in production and lucrative business activities, which has an impact on the operation process and outcomes. Therefore, enterprises must regard fund management as one of their key management links and establish an effective and practical internal control system. However, sensational cases such as the collapse of Barings Bank have exposed many problems existing in the internal control of monetary funds. Moreover, the high liquidity of funds itself engenders them as the target of embezzlement and self-interest, which will eventually threaten the company’s wealth. Therefore, it is significant to analyze the problems existing in the internal control of monetary funds and provide corresponding solutions to them.
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