Optimization Path of Enterprise Financial Internal Control and Audit in ERP System Environment

Abstract

In order to be competitive and keep up with technological changes, businesses are using new technologies. Among these technologies is the Enterprise Resource Planning (ERP) System. A complex software database integrates all the company's divisions, including marketing, finance, manufacturing, and human resources, to control and arrange activities. Inaccurate financial reporting and transactions are more likely when enterprise resource planning (ERP) is not adequately controlled internally. Business executives claim that good internal controls for enterprise resource planning improve the quality of financial reporting and reduce the risk of fraud. The main purpose of this article is to give a brief summary of the relevant ERP environment content and to illustrate the need of creating internal control for the financial accounting information system. To look into the strategies for enhancing the financial accounting information system's internal control within the ERP environment, the author examines how the ERP environment affects this system's internal control. Using an accuracy of 98.7% and an AUC-ROC curve of 0.95, this paper proposed Artificial Algae Optimization based on Multi-Linear Random Forest regression (AAO-MLRFR) Algorithm to conduct a comprehensive analysis to clarify the importance of internal control in the financial accounting data information system. All of the features of the ERP system are within the reach, , raise the standard of financial accounting information management, and encourage the company's long-term growth.