The Analysis Of The Listed Company’s Internal Control Audit Reports

In2002，a series financial fraud events happened in USA, such as Enron Event,the WorldCom bankruptcy. Because of financial fraud, inferior corporate governanceand disordered Accounting procedures, many companies were being charged. Theseevents made a great impact on international capital market. The United Congressmade Sarbanes Oxley Bill in2002. The internal audit reports and disclosure of theinformation about internal control has begun because of the publish of this bill. Withthe acceleration of the process of global economic integration, what happenedfrequently in chinese enterprises were worth causing our attention, such as AoKeMalead shareholders took up capital illegally in2006, Carrefour price fraud events in2011,ChongQing beer events in the beginning of the year of2012.In2010, theMinistry of Finance together with other4committees jointly released an act “A Set ofGuidelines on Entreprise Internal Control”，the implementation schedule of the actwas also made at the same time: The act will be first used in china listed companieswhich listed in overseas at the same time from January1,2011.The announcement ofthe year of2011has disclosured. We can inquire the internal control audit report now.This paper consists of six parts:Chapter One Introduction: This chapter describes the research background, researchmethod and contents, take a brief review of research from domestic to abroad.Chapter Two The foudamental theory of internal control audit report: This chapteranalyses the definition of internal control audit and internal control audit reports. Atthe same time, the chapter discusses the content, auditor’s opinion type anddisclosure form.Chapter Three The analysis of the internal control report: In this chapter，the authoranalyses the internal control audit report of2011. Chapter Four The summarize of theinternal control audit report: On the basis of Chapter Three, we find a couple ofquestions of the reports, in this chapter, the author arrange these problems orderly, then find the causes from three main body, accounting firm, listed companies, thefinancial regulator.Chapter Five Recommendations: give recommendations from three main body.Chapter Six Conclusion and Suggestion: In this chapter, I summarize this disstation,point out the limitation and put forward some suggestion.The main contributions of this article are as follows: First, summarize the theoryof internal control audit reports. Second, summarize and analysis the internal controlaudit reports which are disclosed in2011.Third, the author put forward some feasiblesuggestions about improve the quality of the internal control audit reports.