The Research On Risk-based Internal Audit

With the changing of the economic environment, enterprises pay more and more attention to risk control, and as a result, the internal auditing, as the supervision and consulting department of an enterprise, should adjusts to the development of enterprises and serve enterprises from the perspective of risk management. Therefore, the main research object of this thesis is risk-based internal audit of enterprises. This thesis studies risk-based internal auditing theory and its practical experience to help domestic enterprises to enhance the internal auditing of enterprises and finally improve the value of internal auditing and the quality of services. With the help of the new auditing mode, the internal auditing can combine with enterprise strategy in a better way, which gives full play to the internal auditing and help enterprises to achieve their strategic goals. So, the study of risk-based internal auditing has a great realistic significance. In addition, the risk-based internal auditing enriches and develops the scope of internal audit in terms of the audit mode, auditing technology, auditing idea, audit focus and therefore has a very high theoretical research value. The theoretical systems in the western developed countries are relatively complete while the theoretical systems in our country are still at the primary stage. As a result, the research on risk-based internal auditing is an inevitable trend.This thesis supplements the risk-based internal auditing from the aspects of theory and practice. Firstly, based on the research of the domestic and foreign literature, this thesis expounds the process of generation and development of risk-based internal auditing. Secondly, this thesis introduces the relevant theories of risk-based internal auditing, such as:strategic management theory and system theory. On the basis of those theories, this thesis elaborates the necessity of risk-based internal auditing, the audit procedures and audit methods of risk-based internal auditing. Finally, the thesis, taking the list company from which the writer comes, as an example, expounds the concrete application of risk-based internal auditing.This thesis reflects the current situation of the application of risk-based internal auditing in our country although the case study in this thesis is not very complete. In addition, this thesis, in view of the present situation, further introduces the corresponding countermeasures to perfect the application of risk-based internal auditing in our country.As the market environment Chinese enterprises have to face is complex and changeable, modern enterprises have realized the importance of risk prevention. As a result, Supporting Guidelines on Internal Control of Enterprises and Comprehensive Risk Management Guidelines, have been issued in our country to require enterprises to establish and perfect the internal risk control system gradually. At present, many enterprises have established the system of internal risk control, but their risk systems are not good enough and are still improvable. Therefore, this thesis presents an idea of integrating the risk-based internal auditing and internal risk control system establishment, with a purpose of providing a better research direction for risk orientation and a guarantee for enterprises to control risks and realize their strategic targets.