Risk Oriented Internal Audit Appliance Retail Enterprises:a Case Study

Home appliance retail industry in China as an emerging market, the rapid rise in a short period of10years, China’s retail industry has become the median not much in our own capital dominated strong industry. In order to survive and develop in the intense change in the external environment, the home appliance retail industry also must pay attention to corporate governance reform, strengthening risk management and other aspects of change. And to help a risk management oriented internal audit work, should be the priority among priorities change.Modern internal audit is designed to add value and improve the organization’s independent, objective and advisory activities. The prevention of evaluation system, the standard procedure, and the effect of improving risk management, internal control and management procedures to helpachieve organizational goals. The internal audit mode highlights the internal audit risk management and senior management in the requirements of the process, is the concentrated expression and an important milepost of modern internal audit.The theory of enterprise internal audit began forming in western developed countries in the middle of the last century, after the reform and opening up will be in China, the whole theory development history is short, so the theoretical guidance and practical operation of the existing demand there is still a certain gap. Moreover, the risk oriented internal audit theory from the rise has so far only in less than twenty years, which makes a systematic research on this problem in our country is facing great difficulties. But because of the risk oriented internal audit theory has an important strategic significance for the modernization of enterprise, so as soon as possible with the development of our country enterprise own situation to carry out relevant theoretical research, especially the research on emerging into the home appliance retail industry, has the important practical significance, but also has a certain theoretical value.This paper aims to promote China’s home appliance retail enterprises to risk oriented internal audit theory and practice innovation, provide constructive suggestions for the home appliance retail enterprises and the overall market environment for the healthy growth of. The author combines economics, auditing and management theory of internal audit, risk oriented internal control and internal audit reviews and summarizes the theory and demonstration, and combine the practice of internal auditing of China’s home appliance retail enterprises in China, and strive to achieve the theory and practice related.