Practical Significance of Coca-Cola Company's Internal Control

Accounting procedures and accounting checking system established to ensure the timely and accurate provision of financial accounting information by enterprise accounting system, perpetual inventory system and property periodic inspection system established to protect the safety of enterprise property, quality control system, plan control system and business operation procedures established to ensure the realization of enterprise business objectives.

Internal control is a management system in which all functional departments and related staff of an enterprise are interrelated and mutually restricted in the process of dealing with economic business. It is the product of the restrictive relationship established by enterprises to strengthen internal management and promote development after the emergence of socialized mass production, and it is the process control system for enterprises to achieve the expected operating results, ensure the reliability of financial reports and implement relevant laws and regulations.

TheCoca-ColaCompany, founded on May 8, 1986/kloc-0 and headquartered in Atlanta, Georgia, USA, is the largest beverage company in the world, with a global market share of 48%, and two of the top three beverages in the world (Coca-Cola ranked first, Pepsi ranked second and low-calorie Coca-Cola ranked third). Coca-Cola has 160 beverage brands in 200 countries, including soft drinks, sports drinks, milk drinks, fruit juice, tea and coffee. It is also the world's largest distributor of juice drinks (including MinuteMaid brand). Coca-Cola, the largest seller in the United States, has gained more than 40% market share, while Sprite is the fastest growing beverage. Other brands include Burke (. On June 7, 20 17, the list of the world's top 500 companies was released, and Coca-Cola Company ranked 64th. In July, 20 18, the Fortune Global 500 list was released, and Coca-Cola Company ranked 328th in the Fortune Global 500 in 20 18. 2065438+In July 2009, the Fortune Global 500 list was published, and Coca-Cola Company ranked 395th. In June, 20021year, Coca-Cola Company ranked 93rd in the Fortune 500 list of 20021year.