Research On The Application Of Risk - Oriented Internal Audit Model In W Company

In today’s world, the deep-seated impact of the international financial crisis is still there, the competition of political and economic has intensified the trend between countries, the difficulties and resistance has not diminished as developing country like our nation,which press the Chinese enterprises have a new requirements of management in the complex internal and external environment,in this background,to optimize risk management has become a key measure to improve their own ability to cope with risk. As a modern mode of internal audit, the risk-oriented internal audit made the risk a starting point to match business goals.Not only has a unique advantage in the risk management, but alsohave better optimization effecton the concept of corporate governance and effectiveness of internal control.It is an inevitable choice for the development of internal audit under the conditions of market economy.Currently,due to the late development of our risk-oriented internal audit, the research of risk-oriented internal audit is lagging behind the developed countries, and there is no systematic theoretical framework on theoretical research, the practical application of our risk-oriented internal audit is always learn from foreign experience or the experience of external audit.Therefore, how to implement the risk-oriented internal audit in our company, what is the specific application process, what conditions the company should have whenimplemented this internal audit model, what is the impact of this new pattern on the company?This thesis has been created under these questions.This paper used the method of combining normative research and empirical research and made the domestic and foreign research literature as the basis, from the beginning of the development process of internal audit, then elaborated on the theory of risk-oriented internal audit, from the definition of risk, internal audit and risk-oriented internal audit to described. Subsequently, from the inevitability of the implementation of risk-oriented internal audit,the applicable conditions, the application object, the application target,the application program to explained.Next, as the implementation of risk oriented internal audit framework as a guide, from the system guarantee and necessity of W’s risk-oriented internal audit to started, then described the process framework and explained the specific circumstances of it. Finally, according to the implementation of risk-oriented internal audit of Company W. This paper analyzed four questions of company W, which were the degree of risk integration, internal auditing system, the level of information, the quality of personnel, and given suggestions for improvement.