Research Of BG Group Internal Audit Issues

With the development of China’s market economy and the continuous improvement of modern enterprise system,as an important part of the audit supervision system,the importance of internal audit has become increasingly prominent and it plays an increasingly important role in the company’s internal management.As a high-level organizational form of today’s enterprise,enterprise group’s internal audit is quite complex due to its complex shareholding and business structure.Therefore,the enterprise group needs to strengthen the internal audit,in order to supervise and evaluate the economic activities of the enterprise group,promote the organization to achieve the goal smoothly and realize the value increment.Although the internal audit of China’s enterprise groups has a certain history of development,the role of internal audit has not been fully performed and a variety of problems are common.On the basis of reading a lot of literature,this paper takes the development of BG group’s internal audit as the research object and conducts a detailed analysis of the current status of the group’s internal audit work.And it is found that the internal audit of BG group has some problems,such as the independence of internal audit institutions,the insufficient function of internal audit,the uneven quality of internal audit,the ineffective informationalized audit and the problems discovered by internal audit which cannot be corrected by closed loop.This paper analyzes the causes of the problems in detail,mainly including the low level of subordination of the audit department in BG group,the lack of correct understanding of internal audit within the group,the imperfection of internal audit management system,the insufficient business capacity of internal auditors and the failure of follow-up audit.In addition,this paper proposes optimization suggestions for BG group’s internal audit work in six aspects which includes enhancing the independence of internalaudit institutions,improving the diversified knowledge level of internal audit personnel,further improving the management system of internal audit,focusing on risks in key business areas of the group,strengthening the rectification and supervision of problems found in internal audit and strengthening the construction of informatization of internal audit.