辉山乳业内部控制分析——基于2016年浑水公司做空事件  

Internal Control Analysis of Huishan Dairy —— Based on the ShortSelling Event of Muddy Waters in 2016

作　　者：吕昕亮 LV Xinliang(School of Accounting,Lanzhou University of Finance and Economics,Gansu Lanzhou 730010)

机构地区：[1]兰州财经大学会计学院,甘肃兰州730010

出　　处：《中国乳业》2022年第5期13-17,共5页China Dairy

摘　　要：2016年12月,美国浑水公司发布做空辉山乳业的报告,指出该公司存在粉饰报表、夸大财务杠杆的行为,随后几个月,辉山乳业股价大跌。而内部控制失效是此次浑水做空事件的源头,作为保障企业正常生产经营的第一道屏障没有发挥出应有的作用。为了研究内部控制在企业营运中的作用,通过内部控制五要素分析了此次事件中辉山乳业的内部控制情况,发现该企业存在控制环境薄弱、风险评估机制不健全、控制活动失效、信息与沟通不顺畅、内部监督不足五方面的问题,并针对这些问题提出了相应的优化建议,希望能为同行业企业优化内部控制提供一些参考和建议。In December 2016,Muddy Waters issued a short report on Huishan Dairy,pointing out that the company had whitewashed statements and exaggerated financial leverage.In the months that followed,Huishan's share price plunged.The failure of internal control is the source of this Muddy Water short selling event.As the first barrier to ensure the normal production and operation of enterprises,it did not play its due role.In order to study the role of internal control in enterprise operation,the internal control situation of Huishan Dairy was analyzed through the framework of five elements of internal control.It is found that the enterprise has five problems:weak control environment,imperfect risk assessment mechanism,ineffective control activities,poor information communication and insufficient supervision.In view of these problems,corresponding optimization suggestions are put forward,hoping to provide some references and suggestions for the industry to optimize internal control.

关 键 词：内部控制 监督 辉山乳业 

分 类 号：F426.72[经济管理—产业经济] F406.7