Research On The Internal Audit Of Risk Management In The Multi-national Companies

With the economic integration in the world developing greatly, the market conditions at home and abroad faced by the multi-national company are complex and changeable, and the competition is more fierce day by day. Because the influence and harm caused by the business operations abroad are enlarged, multi-national company is usually stuck in difficulty and even goes bankrupt. Thus we should set up a risk management mechanism system including effective recognizing, prevention, dealing and evading risk and also set up risk management strategies. And then we can recognize various risk factors effectively and take measures to get rid of the risk caused by this. These are very important for ensuring reaching the expected goals of the strategies of the business operations abroad. The internal audit plays an important role in the risk management of the multi-national company. The internal audit department has a high status and the special duty of evaluating and supervision on its own, which makes it recognize the risk from overall point of view and also makes it advise the management department to take effective measures to control the risk in time. The internal audit effectively guarantees realizing the goal of increasing the income by playing an important role in the duty of indentifying and consulting, and also by promoting the effects of the business risk management. Thus internal audit has a great potential in strengthening the risk management of the multi-national company.This article can be divided into six chapters. The article tries to analyze the effect of the entire risk management made by the internal audit which is used as a start of the multi-national company's being involved in risk management . This article tries to provide some thoughts about improving the work of the internal audit and setting up a risk management system of the corporation by drawing some solutions after the analysis.