Reorganization Of The Internal Auditing’ Procedures Under The Supervision Of Company’s Internal Control System

In the late 19th century and the early 20th century, the big explosion of financial economic scandal make the enterprise and people noticed that, the third party external audit although relative independent, but due to the deliberately hide of enterprise, external audit on enterprise internal information is less, its professional independence cannot get guarantees, thus people of concern points and sight start change to the internal control mechanism, internal audit also became to be an important part of the enterprise, the theory and practice of internal audit got to grow and develop.With the pace of economic globalization is going on at a rapid pace, Chinese enterprises are confronting dual threats regarding both internal control and external competition. Considering the characteristics of the local companies, the problem emerges that how to deploy certain internal audit model, to enhance the management, and to give information to the enterprise executives for decision making. This issue has attracted the attentions of the authorities and the interest related parties. However, the problem of the domestic internal audit is that not only the legal and structural setup cannot meet the need of modern enterprises management, but also the internal audit system is beyond the supervision, which results the non-achievement of the internal audit targets.Chapter 1 gives the research background of the topic and the main structure. Chapter 2 presents the theoretical base, which is that the internal control and internal audit are generally separated, this results that the implementation of the internal control is beyond assurance, and the internal audit is of no guideline. Chapter 3 analyses the main issues of the internal audit. Chapter 4 shows an empirical analysis on the effectiveness of internal audit system, with the aid of Excel and SPSS. Chapter 5 proposes a reorganized plan of the internal audit system, which aims at the problem revealed in the chapters above. Then the final chapter is to summarize the whole thesis, give the conclusion, and the limitation of this thesis, as well as a outlook of the internal audit system in the future.