The embedded financial governance system based on COSO framework A new method of integration  

作　　者：TAN Wen-hao LIU Hong 

机构地区：[1]Department of Accounting, College of Science and Technology, Nanchang University, Nanchang 330029, China [2]School of Foreign Languages and Culture, Nanjing Normal University, Nanjing 210097, China

出　　处：《Journal of Modern Accounting and Auditing》2009年第11期28-37,共10页现代会计与审计（英文版）

摘　　要：The global financial crisis is spreading at an alarming rate across the world. The speed of the spreading and its tremendous impacts to economic is unprecedented in half a century. Through researching its impacts to finance, the authors can clearly find that to a large extent most enterprises went bankrupt and closed down because of the weak financial governance system and lack of effective control to internal financial operation Based on this background, the authors analyzed the problems of the traditional financial governance, and tried to find solutions. Applying the concept of COSO （The Committee of Sponsoring Organizations of The National Commission of Fraudulent Financial Reporting） framework into the financial governance system, the authors can reconstruct the embedded financial governance system based on COSO framework, and better control the company＇s financial activities. In this way, the enterprise can effectively improve its management level and operational efficiency, and promote its sound and sustainable development.

关 键 词：COSO framework the embedded financial governance risk management 

分 类 号：F230[经济管理—会计学]