Research On Internal Audit Issue For The D Securities Company

Securities company, as the most important and influential intermediary institutions in the capital market, the statement of its survival and development has a direct impaction on the development and perfection of capital market. In the development of capital market, internal auditing has become a method to reduce the securities company’s risk, improving its corporate governance structure and to increase the value of the company. In 2002, The U.S. enacted the Sarbanes- Oxley Act, which enhanced the internal control of listed companies. And this Act also enlarged the role of internal audit in corporate governance. In China, because of the short history of internal auditing, the practice of it is lack. To the securities company, they often pay more attention to the compliance but do not attach importance to the role of internal auditing in risk management. However, internal auditing, works as “the third line of defense” in risk management, should play an important role in the securities company, in order to decrease the management, compliance and finance risk.This paper selects DT securities company as the research object and take a deep insight into the internal auditing problem. And this paper is based on the basis of internal audit related theories of the securities company to analyze its causes and to provide a scheme of internal audit optimization for DT. The paper is divided into six parts. The introduction part mainly elaborates the research background, research significance and the research purpose of this article. The first chapter is the summary of internal auditing for the securities company. The second chapter is an overview of the DT securities company and its problem of internal auditing. The third chapter analyzes the internal auditing problems existing in the DT securities company. We provide methods to improve the firm in the chapter 4. The last part is the summary of this paper.