Probe - Accounting, Auditing and Taxation

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Article Processing Charges (APCs)

US$800

Publication Frequency

Quarterly

ISSN

2661-393X(Online)

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Published

2026-07-13

Issue

Vol 8 No 2 (2026): Published

Section

Articles

How to Cite

Ye, B., & Li, X. (2026). Research on the optimization of M company’s internal control system. Probe - Accounting, Auditing and Taxation, 8(2). https://doi.org/10.59429/paat.v8i2.14475
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Research on the optimization of M company's internal control system

Biyao Ye

School of Management, Foshan University

Xinyi Li

School of Management, Foshan University


DOI: https://doi.org/10.59429/paat.v8i2.14475


Keywords: internal control; risk management; group governance; digitalization and intelligence


Abstract

Internal control serves as a crucial institutional framework for enterprises to mitigate operational risks, enhance management efficiency, and ensure strategic implementation. As manufacturing enterprises increasingly embrace globalization, digital transformation, and diversified operations, the functions of internal control have expanded beyond traditional financial compliance to encompass areas such as strategic execution, risk early warning, data governance, and supply chain coordination. Using Company M as a case study, this paper examines its current internal control system, identifies areas for improvement in strategic alignment, group governance, digital risk management, supply chain control, and evaluation mechanisms, and proposes corresponding enhancement strategies. The study concludes that Company M should further evolve its internal control framework from a compliance-oriented model toward one that is strategically embedded, data-driven, and value-creating, thereby strengthening its risk management capabilities and sustainable development potential in complex environments.


References

[1] H. Chen, T.M. Guo, Y. Zhang, et al. The Impact of Internal Control on Organizational Resilience in Manufacturing Enterprises: A Perspective Based on the Enterprise Life Cycle [J]. Nankai Management Review, 2026,29(1):51–61+88.

[2] K.J. Ni & X.Y. Liu. Digital transformation and corporate growth: theoretical logic and China's practice [J]. Economic Management, 2021,43(12):79-97.

[3] L.L. Zheng, Y. Wu & W.H. Hou. Research on the Impact of Internal Control on Corporate Digital Technology Innovation [J]. Audit Research, 2024, (4):150–160.

[4] L.J. Tao, J.L. Lin & S.H. Cao. The impact of internal control on innovation performance of listed companies: a perspective based on the resource-based view [J]. Industrial Technology Economics, 2025,44(3):141–150.

[5] Y.X. He, S.D. Chen & L.X. Zhong. Information disclosure of corporate internal controls and effective deleveraging [J]. World Economy, 2025,48(6):156–190.



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