The Performance Evaluation Of Internal Audit Department For A Enterprise

Currently, as the rapid development of internal audit, expectations for the internal audit of enterprise management and other stakeholders also gradually improving, who hope to help the enterprise to realize the purpose of value-added. However, how to evaluate the value-added function of internal audit reasonably and effectively? I think as an important management department to the modern enterprise, the internal audit department and the enterprise’s development goals are consistent and effective evaluation of the internal audit department performance can reflect the value-added function for the enterprise.However, there is not the close relationship between the performance evaluation of internal audit department and the enterprise value in China, the majority of enterprises still take audit task completion degree, the audit trial reduction amount and the problem they found as the basis of the internal audit department performance evaluation. Obviously, this method no longer meet the requirements of today’s society of internal audit expectations and positioning, relying solely on the direct measurement index is not a good reflection of internal audit performance evaluation. As part of the enterprise, internal audit may not exist alone or play a role leaves other stakeholders away, so we must have some indirect index to evaluate the performance of internal audit. How to balance the relationship between the direct index and the indirect index, and to design a set of scientific, balanced and effective internal audit performance evaluation system is a very meaningful topic.Firstly, we analyze the domestic and foreign research on the performance evaluation of internal audit. With the in-depth study of the internal audit function and position, we use a large domestic trade circulation enterprises——A company as an example, introduce the Balanced Scorecard (BSC) model to A company’s internal audit department to construct the performance evaluation index system, in the financial, customer, internal audit process, learning and innovation four dimensions. On this basis, using expert scoring method to construct the weight settings of evaluation index system, build a suitable internal audit performance evaluation system for A company, which not only have the incentive affection for internal auditors, make the appraisal standards for internal audit, but also can combine of internal audit department and enterprise’ value-added better, enhance the strategic position of the internal audit, help a company to lower the risk of management and governance. At the same time, as a large-scale trade circulation enterprise, the improvement of internal audit department’s performance evaluation system has a positive affection to other enterprises in this industry. In addition, a reasonable set of performance evaluation system of the internal audit department, which is not only conducive to the internal audit department division of responsibilities and performance evaluation, but also is an important step in the internal audit industry, who can encourage the internal audit profession.