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A Study on the Current State of Internal Control over Engineering Costs in a Natural Gas Company A

Author(s)

Haitao Liang1,2, Qian Zhang1,*

Affiliation(s)

1School of Civil and Architectural Engineering, Panzhihua University, Panzhihua, China 2Panzhihua Dukou Industrial Development Group Co., Ltd., Panzhihua, China *Corresponding Author

Abstract

Against the backdrop of emerging new energy innovations and evolving macroeconomic and market conditions, China has vigorously advanced the transformation of energy enterprises under the national green energy strategy, marking a new phase for domestic economic and new energy development. For natural gas enterprises, scientific and effective cost management of construction projects is essential for ensuring engineering quality, cutting operational expenditures and improving comprehensive benefits. Deficiencies in project cost control may impede the development of core businesses and exert adverse effects on corporate operational performance and brand reputation. This study takes A Natural Gas Company as the research subject and investigates its whole-process internal control system of project costs, covering preliminary budget compilation, in-progress cost supervision and completion settlement management. It systematically summarizes the company’s current management frameworks and control approaches, identifies prominent problems and associated negative impacts in cost supervision, and further explores the underlying causes of these issues. Corresponding optimization strategies are proposed, including the adoption of the earned value method, the introduction of intelligent monitoring technologies, the establishment of a supervision unit qualification access system, and standardized financial management for infrastructure construction, so as to enhance the efficiency of project cost control and project execution for the enterprise.

Keywords

Internal Control; Project Cost; Natural Gas Company; Construction Project; Cost Management

References

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