The Research On Term-end Accountability Audit Of N Company

In order to strengthen management and supervision to the officials of the state-owned business since 1985,China has clearly defined the term-end accountability audit pattern to the main leaders of state-owned enterprise.Our country has developed 30 years from the early contracted managerial responsibility audit to this new audit mode.As an unique audit pattern,the term-end accountability audit should not only check the financial revenues of the firm,but also audit and elevate its economic resources utilization from the aspects of its business activities,and give an objective elevation on the basis of the audit results.Although the term-end accountability audit has been widely used in China,there are still large amount of leaders who break the rule without legal penalties.Since the 18th Congress of the CCP,a large number of leaders of the state-owned enterprise has fell though they have been audited so much times in the process of getting promotion.This is because the imperfect auditing system and undefined supervisory relationship,which leads to the deficiency of auditing independence,ending up by a mere formality to the term-end accountability audit.This thesis adopts the way of theoretical study and empirical analysis,on the basis of analyzing and evaluating the related theoretical way of the term-end accountability audit pattern,and combining the working situation of N company,analyzes the problems and the reason appearing in the process of conducting the term-end accountability audit in the state-owned company.After studying,it is stated that the unreasonable audit institution and insufficient audit force,lead to the system of "auditing first,leaving second" cannot be taken effect,and cause lower utilization of audit result,and less effective audit responsibility.Through the theocratic study,it is suggested that the internal organization should be administrated by board of directors,and should promote the rectification system,to ensure the validity of term-end accountability audit pattern,while playing significant role in perfecting audit function,and enhancing the binding force.