Research On Risk-oriented Internalaudit Of Project In H Public Institution

With the economical construction and social development, China invested muchinto infrastructure continuously and strengthened the effective management of projectconstruction, at the same time, fraud and corruption problem in engineering projectconstruction are increasingly getting high attention from party and government. Thecharacteristics of huge fund investment in engineering project construction, widefactors, high professional and incomplete in supervision in engineering projectconstruction make risks exist in the whole life stage from the beginning to the endingof the engineering project. It is crucial for punishing corruption in engineeringconstruction field that internal audit department, as the important participant in theprocess of project management, plays its function in strengthening and improvingproject risk management.On the basis of related theories of risk-oriented internal audit, this thesisanalyzed the situation of internal audit in engineering project of administrativeinstitution H and demonstrated the necessity of introducing risk-oriented concept intointernal audit of engineering project in unit H. And then, this thesis studied theimplication of risk-oriented internal audit in audit business and entrusted auditmanagement in unit H. It has theoretical and real meaning in some extent forexpanding the function of audit department, distributing audit resources reasonablyand enhancing the efficiency of audit.This thesis including:(1) Introduction of theory basis of risk-oriented internal audit. Pointing out thebasic procedures of risk-oriented internal audit, and the relationship with internalcontrols and risk management by definition the connotation, factor and function ofrisk-oriented internal audit.(2) Analyzed the functions of risk-oriented internal audit in project governanceand management.(3) Analyzed the situations of internal audit in engineering project inadministrative institution H. Pointed out the necessity of implication risk-oriented internal audit by analyzed the situation of internal audit in engineering project inadministrative institution.(4) Studied the implication of risk-oriented internal audit in engineering projectand audit entrusted management in unit H. Confirmed the important part ofengineering project audit and audit resource distribution by summarized risks in eachstage of engineering project, and then valued and supervised the service quality ofexternal audit institution who accepted audit entrusted and consultant institution.The innovation of this thesis mainly reflects on giving the application frameworkof risk-oriented internal audit; summarizing and classifying key risks in each stage ofengineering project, and discussing the application of risk-oriented internal audit inaudit business and entrusted audit management of unit H.