Research Of Internal Control Audit

With the promotion of "Internal Control Audit Guidelines" of China, the market of internal control audit become a new kind of audit. The promulgation of guidelines for the implementation of the internal control audit provides a guide of the role, but how to audit would be the question of the specific implementation of the CPAs in this new authentication business.Based on the review of internal control and internal control audit, though theoretical research, the paper presented the procedure and model of internal control audit. The model Includes audit planning, implementation audit, completion of audit work and audit report. Focus on the choice of audit method, and how to evaluate the effectiveness of internal control standards, the paper concluded that:First, internal control audit should take a top-down audit approach, with the concern of financial reporting internal control overall risk levels of the corporate level to focus on the audit of internal control, and progressively move will focus on major accounts and presentation control. CPA may result in the presentation of financial reports and the existence of material misstatement related to the risk awareness, and thus there may be a significant risk and presentation of accounts to understand the control and select the node of the control process may exist in the Risk point of the proposed control testing. Second, to evaluate the effectiveness of internal control should reflect the comprehensiveness, the importance of checks and balances, adaptability and cost-effective features, the specific evaluation criteria should be covered by the audit scope of the internal control system.