Discussion On Internal Audit Of State Grid LC Power Supply Company

In recent years,great progress has been made in the theoretical research of internal audit in China,and the internal audit work is on the right track.With the rapid development of social economy,the role of internal audit has become more and more important.Compared with other industries,the time for power enterprises to establish internal audit organization system is earlier.But because of the particularity of the internal environment of electric power enterprises(such as monopoly of resources,high degree of social responsibility,long construction cycle,high technical requirements),it has increased the difficulty of internal audit.Although the State Grid Corporation has constantly improved its internal audit system in order to prevent risks,there are still many shortcomings in the grass-roots power supply companies.Therefore,how to enrich the internal audit function of county-level power supply companies,innovate the ways and methods of internal audit,and improve the quality of internal audit projects is an urgent issue to be discussed.By analyzing the status quo of internal audit of LC county electric company,this paper aims to promote the development of internal audit of similar county power supply company,thereby improving the overall grid operation efficiency and promoting the value of the company.This paper chooses the county-level grass-roots company of State Grid as the research object.On the premise of reading a large number of relevant literatures from domestic and foreign scholars,the company conducts in-depth field research,grasps the company's development goals,operational status and internal audit practice,analyzes the problems and causes encountered in its internal audit work,and puts forward countermeasures one by one,and puts forward problems-analysis.Problem-solving is a research idea.There are six parts in this paper.In addition to the introduction and conclusion,the second to fifth parts are the core of this study.The second part is an overview of internal audit of power supply companies.This paper mainly elaborates the connotation,basic principles,functions,influencing factors and theories of internal audit of electric companies.In terms of connotation and basic principles,internal audit of electric companies is quite different from the definition of internal audit described in the Basic Standards of Internal Audit in China.Its functions are mainly divided into four aspects:economic supervision,economic evaluation,control and service.The factors that affect the quality of internal audit of power supply companies are mainly the independence ofinternal audit and the elements of internal auditors.Quality and internal audit risk are three aspects.Internal audit of power supply companies mainly adopts three theoretical bases: corporate governance theory,individual behavior theory and risk-oriented internal audit theory.The third part is the case analysis of internal audit of LC county electric company.Firstly,the basic situation of LC county electric company is introduced,including the introduction,organization structure and operation characteristics of LC county electric company.At present,LC county electric company undertakes power supply services in 20 townships and seven functional departments are set up internally.Then it describes the status quo of internal audit of LC electric company,including the basis and objectives of internal audit,the establishment of institutions,staffing,workflow and some facts found in recent years.Then it elaborates the main scope of internal audit of LC county electric company,including internal control management audit,human resources management audit,financial management audit,business operation audit.The fourth part is the analysis of the problems and causes of internal audit of LC county electric company.This paper argues that the problems existing in the internal audit of LC county electric company are as follows:the internal audit department and discipline inspection department are under the same leadership,the scope of internal audit has not been fully covered,the internal audit method is purely manual,the ERP business system is not used,the internal audit evaluation system is lacking,and the results of internal audit are not used enough.This paper analyses these problems caused by the following reasons: lack of risk management awareness of leaders,insufficient overall quality of internal auditors,lack of incentive and assessment mechanism for internal auditors,and lack of communication with external auditing institutions.The fifth part is the countermeasures to improve the internal audit of LC county electric company.The first is to improve the independence of internal audit.In addition to establishing relatively independent internal audit institutions,we should also enhance the independence of personnel through personnel mobility system and improve the internal control system.The second is to improve the interpersonal relationship environment of internal auditing,on the one hand,to enhance the management's attention to internal auditors.on the other hand,to enhance the comprehensive quality of internal auditors themselves.The third is to optimize the internal audit process of LC county electric company,expand the scope of internal audit,and pay attention to the risk management in advance and the rectification after the event.Fourthly,we shouldstrengthen the quality of internal audit by improving the accountability mechanism,equipping quality control review personnel and promoting off-site auditing methods.The fifth is to promote the process of internal audit informatization.In order to improve the efficiency of internal audit,we should not only refine the regulations of information and data management,but also actively develop and establish innovative and applicable internal audit platform,and make more use of information technology to optimize on-site audit mode.