A Study Of Private Enterprise' Internal Audit

Since the reform and opening up,the private economy has made great contributions to the sustained and rapid growth of China's economy.With the further development of the private economy,we must establish a modern enterprise system,improve the governance structure,improve the internal audit.This paper begins with the introduction,first introduced the history and research status of the development of internal audit,and then introduces the theoretical foundation of corporate governance and internal audit,combined with the characteristics of private enterprises in China,analyzes the necessity of internal audit of private enterprise development standard.After taking the famous private enterprise WH company as an example,the literature search and data analysis as the main research methods,summarizes the advantages and experiences of internal audit in the WH company,the audit system should conform to the corporate governance structure,to introduce the risk management idea,to carry out audit standardization construction to hang.Then,the paper puts forward some suggestions for improving the internal audit of private enterprises in China.I think that private enterprises should firstly define the enterprise current stage of development,adjust the audit system from the establishment of motivation;secondly to identify the function orientation of internal audit;third,to improve the enterprise audit personnel quality,improving the audit technology,give full play to the function of value-added audit.In addition,the audit institutions and Industry Audit associations also need to strengthen the guidance of the internal audit of private enterprises.This paper argues that there is no universal internal audit model applicable to every enterprise and every stage of development.Generally speaking,in the start-up period,the audit focus can be placed on the financial results,the audit process should be streamlined,efficient.In the stage of enterprise development,the audit focus should take into account the results of the audit and process audit,and cover new business.In the mature stage of the enterprise,if necessary,can be combined with the concept of IIA audit,the introduction of COSO internal control framework and other international advanced audit tools.