Research on Internal Control and Enterprise Financial Risk Prevention

With the rapid development of globalization and the economy, enterprises are facing increasingly severe financial risks. Effective internal control is crucial for preventing financial risks in enterprises. This article aims to study the relationship between internal control and corporate financial risk prevention, and analyze the role of internal control in reducing corporate financial risk. Firstly, this article introduces the basic concepts of internal control and financial risk from both theoretical and empirical perspectives. Subsequently, through a review of existing literature, the influencing factors of internal control on financial risk were summarized. Finally, this article proposes a series of targeted internal control strategies to reduce corporate financial risks.