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A Theoretical Framework of Social Responsibility-Internal Control in Chinese Companies
Accounting Department, Hunan University of Finance and Economics, Changsha, China
- 1 Accounting Department, Hunan University of Finance and Economics, Changsha, China
American Journal of Industrial and Business Management·Volume 05 (2015)·Pages 577–580·Published 2 September 2015·DOI10.4236/ajibm.2015.59057
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Abstract
A perfect social responsibility (SR) internal control system is the basis for a company to sustain its long-term development. An integrated framework of SR internal control could be built in three divisions: one is the five key elements of internal control, the other is the major context of SR according to ISO26000: 2010 and “Internal Control Supporting Guidelines”, and another is the performing levels which can be categorized as the strategic management level and the operation activities level. A detail analysis of this integrated SR internal control framework was made and suggestions for improving the current SR performing effect were provided.
KeywordsSocial ResponsibilityInternal ControlFrameworkSuggestions
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