Management Audit Research On Construction Project In Road&Bridge East China Engineering Company

The management audit is a kind of confirmed behavior that based on fiduciary management responsibility relation, which is gradually formed with the development of internal audit. Management audit of the construction project is that audit organizations of construction companies audit the system implementation, the business connections, site management conditions, and existing and potential risks of the construction process in order to discover the project loopholes and weak links in management control, improve management, and increase efficiency.Construction companies that implement loose management originally need to strengthen the management and control efforts and improve management efficiency through management audit to response current complex economic situation and the gradual dilatory industry investment environment, which is in order to respond effectively to the global financial crisis.The article studies project management audit of Road&Bridge East China Engineering CO.LTD and objectively analyzes the status and problems of the company’s management audit with stakeholder theory, performance audit theory, principal-agent theory, the nature of audit theory as guidance, and proposes to optimize the management audit implement programs in order to solve the problems that exist in the management audit and promote the effective implementation of the construction project management audit. And the article firstly proposes management audit should break traditional internal audit organization mode, do internal audit work from the view that improve construction projects management and efficiency, employ professional management personnel and technical management personnel and build the "Great Audit" organizational model to improve the relationship between audit organization and project, and establish working mechanism of participatory management audit by regulating the internal control systems. Companies also need to raise awareness of risk management and establish risk data model so as to optimize the management audit methodology. To improve the content of management audit, and make full use of audit resources to grasp the key points of each audit stage, in order to improve the efficiency and effectiveness of management audit. There are two ways to improve management audit and evaluation criteria. One is to broaden the evaluation criteria, such as putting important risk issues into the evaluation criteria system to meet the needs of enterprise management. The other is to maintain the flexibility of the evaluation criteria of management audit in order to be better suitable in continuous changing business environment, improve evaluation criteria of management audit and the overall quality of management audit staff, consummate practical work of management audit, which is in order to meet the demands of the management authorities to improve companies’ management effectiveness.