Governance Function Of Internal Audit

Modern internal audit course every significant change will lead to the internal audit function evolution and development. Especially in the highly globalized, informationization today, the enterprise changes of internal and external environment pushes the development ofthe internal audit function moment. After the incident of The Enron Case and WorldCom Case, the organization of various stakeholders on the effectiveness of corporate governance mechanisms play have been questioned, and the internal audit in the whole event played a positive role, let outsiders of the internal audit in the corporate governance of the function has a new understanding and awareness. The International Institute of internal auditors (IIA) modifying the definition of internal auditing, especially2004modifying definition of internal auditing is an independent, objective assurance and consulting activities, which uses a systematic, standardized method on internal control, risk management and control procedures for evaluation, in order to increase organizational value goal" In view of this, we are necessary for internal auditors to research the corporate governance of the functions of the system and to discuss the internal audit in corporate governance orientation of function and how to play an effective governance function.In the research methods and ideas, this paper adopts normative research method, according to the IIA proposed" on organizational management procedures, internal control and risk management evaluation" train of thought on the basis of the further development of analysis. The full text is divided into four parts:the first part mainly analyzes the research background and the significance as well as the domestic and foreign literature and points of the system overview. The second part from internal audit governance function generation process proceed with, comparative analysis of the traditional internal audit and internal audit in modern corporate governance concerns the difference, proposed the modern internal audit in corporate governance issues. The third part is the emphasis of this article, that internal audit based on the administrative procedure, internal control and risk management and consulting to play management confirmation function:through the management procedures for the evaluation of direct play management function; according to"2010internal control guideline" based on the eight elements of internal control verification and consulting play management function; according to the2004COSO" enterprise risk management framework based on a risk management framework of the eight elements for confirmation and consulting play management function. On the basis of this, the last part of the internal auditing management function to solve some of the problems and measures.