A Study On College Internal Audit Risk Based On Modern Risk-oriented Audit Mode

With the rapid economic development of China, the demands for high-level talents further expand. The size of the colleges has got an unprecedented development, and shows new features, such as:the multiple sources of funding, diversification of business activities, and diversified college-running modes. In the face of the ever-changing external environment and the increasing complexity of economic activities, the role of college’s internal auditing in strengthening economic monitoring and evaluation, serving school development, and enhancing scientific management level is increasingly apparent. However, because the Chinese college’s internal auditing work started late and lagged in development, the low professional skill of the internal auditing staff; the relatively weak awareness of risk, all these determine the existence of the internal auditing risk. Therefore, how to effectively evaluate and prevent internal auditing risk, and correctly handle the relationship between audit monitoring and its service for college’s development, have become an important task facing the college’s internal audit.This paper is divided into six parts. The first part is the introduction, mainly introducing the background, purpose and significance of choosing the topic; and summarizing some related research both domestic and aboard, and clarifying the research methods and ideas framework of this study. The second part is the relevant theoretical analysis, which states the connotation and scope definition of internal auditing, college’s internal auditing, college’s internal auditing risk, as well as analyzes the application of Principal-agent theory, Strategic Management Theory, Systems Theory, Fuzzy Comprehensive Evaluation Theory in college’s internal auditing and modern risk-oriented auditing. The third section reviews the development course of the auditing mode, and focuses on elaborating the concept, models and features of modern risk-oriented auditing. The fourth part deeply analyzes the meaning and status of college’s internal auditing, and concretely analyzes the characteristics, content and causes of college’s internal auditing risk. The fifth part builds the risk assessment model of college’s internal auditing according to some relevant theories of modern risk-oriented auditing, and selected the College of Jiangsu SX as an instance to make a comprehensive evaluation. The sixth part is risk control, which puts forwards some prevention and risk control strategies and concrete measures in view of the above risk assessment result.