Risk Management Audit Of Applied Research

The sophisticated business environment impacts a lot of uncertainties with the enterprises. So how to reduce the loss caused by risks has become the most popular issue to the corporations. The risk-management inter-auditing, focusing on the systematic and unsystematic risks, based on the risk management processes, embeds inter-auditing into risk management frameworks helping the corporations to achieve their objects. Risk-management inter-auditing assesses the enterprises' risk management processes, as well as giving their improvement advices. This inter-auditing gets through the whole levels of enterprise risk management, from the highest strategy decision making to the internal control, then to the operating level. Thus, the risk-management inter-auditing connects its functions with the objectives of corporations, which also greatly benefits its own further developing. After all, the risk-management inter-auditing not only improves the domestic inter-auditing qualities, but also hastens the enterprise risk management. Both the strengths of the risk-management inter-auditing and domestic enterprises' realities are calling the applying of the risk-management inter-auditing.There are five parts involved in this thesis. The first one is an overview of the risk-management inter-auditing. On the base of comparing the foreign and domestic definitions of risk-management inter-auditing, the author gives out its own definition, as well as distinguishes the risk-oriented auditing and risk-management inter-auditing. The second part is analysis of risk-management inter-auditing applying environment. This chapter expatiate the ERM Frame-Integrated issued by COSO in 2004 and how risk-management inter-auditing and ERM interact and improve each other. The third chapter is the professional authority of risk-management inter-auditing function. The author analyzes whether the inter-auditing should be out-resourced and the relationship between risk-management inter-auditing and other monitor organizations, then gives details of the settlement of risk-management inter-auditing function. The...