T/WLJC 38-2017 Guidelines for Risk Control of Machine Tool Equipment Enterprises - Comprehensive Budget

Scope

Scope: This standard specifies the connotation and role of comprehensive budgeting in enterprises, the business process of comprehensive budgeting, risk control in key links, major risk sources and control measures, and other general risk control guidelines. This standard is applicable to machine tool equipment enterprises and also to tool and cutter enterprises. Main technical content: For enterprises facing market competition, operational risks are ubiquitous. In May 2008, the Ministry of Finance, together with the China Securities Regulatory Commission, the National Audit Office, the SASAC, the China Banking Regulatory Commission, and the China Insurance Regulatory Commission, issued the "Basic Norms for Enterprise Internal Control" and 18 application guidelines for enterprise internal control in April 2010, which basically cover all business and matters such as capital flow, physical flow, human flow, and information flow in enterprises, and form a normative system for enterprise internal control in China. The "Basic Norms for Enterprise Internal Control" and the series of supporting guidelines for enterprise internal control are designed for listed companies and large and medium-sized non-listed enterprises to comprehensively improve their management and operational levels. However, some of their contents are also applicable to the internal risk management of small and micro enterprises. This standard, taking into account the characteristics of small and micro machine tool manufacturing enterprises in Wenling City, selects and adopts most of the risk factors and control measures after weighing the pros and cons, and, after being tailored, forms 26 standards.

Development Information

Related Standards