System Design For Value-added Audit Of Xi’an Internal Audit Department Of China Construction Bank

With the domestic commercial banking change rapidly, and further increasing of non bank financial institutions which for direct financing and the Internet financial as a new force suddenly rising. RMB interest rate becoming marketization, the pressure of external market competition is increasing, Xi’an internal audit department as subunits of cross regional audit from China Construction Bank Audit Department, to better cooperate with the audit goal of head audit office, its audit system facing transformation to achieve the role of internal audit in corporate governance. Based on the theory of domestic and foreign scholars on the value-added internal audit, combined with the Xi’an audit department, the paper tries to design a suitable business development division of internal audit value-added auditing system.Based on the above background, the paper focuses on designing and researching on the system of internal audit value-added in Xi’an audit department. Adopted a standardized research-based, supplemented by inductive analysis, comparative analysis, the method of charts of illustration. The first part of the study are summarized in the domestic and international the theory of value-added audits, summed up the meaning of the definition of value-added audits, respectively, to tease out the relationship of internal audit and risk management, internal control and other; Further analysis of the second part of the value-added internal audit theoretical foundation, summed value-added features and innovations of the audit:In order to better meet the objectives of corporate governance, value-added audit emphasis on cooperation with the organization’s management and reduce the waste of resources, audits focuses on high-risk areas becoming a common concern; Further elaborated the relationship between value-added internal audit and corporate governance, risk management, internal control among the four interconnected by organizations practice summed up to three value-added benefits of audit system, the last, to descript the mode value-added internal audit function; The third part analyzes the status audit business of Xi’an audit department and the quality defects, from aspects like:the independence or authority of the audit, the audit overall quality, operating system audit, audit verification aspects of starting depth to analysis he deficiencies of Xi’an audit department; The fourth part is the core part of the thesis, focusing on the establishment of appropriate design of Xi’an value-added audit department auditing system. First to make elaborate analysis thesis combines previously added audit function from the functional design is implemented on the system. Second, the introduction of a comprehensive risk-based management in value-added audit program and designing the audit standardized flow chart. On the third part combining with the analysis features, to card the quality control measures of value-added audit:the announcement from the audit system, audit system to audit trail hearing, plus the construction of the final audit points together to achieve cultural exchange platform transformation of internal audit work development. Finally, in order to build on a measure of the core system of value-added audit, the Balanced Scorecard becomes the study point.All the above findings herein constitute the value added audit system of Xi’an Audit department, aimed to promote the transformation under the wave of reform in the segment of commercial banks organization, to success on implementation of the restructuring and development of internal audit. This paper focus on the combination of theory and practice audit, theoretical significance and practical value both for promoting the construction of commercial banks and internal audit to play the role of value added.