Research On The Construction Of Internal Control Auditing Standards In Universities Of China

As the country is paying more and more attention to higher education,the scale of running colleges or universities is expanding,the developing speed is increasing,the sources of funds are becoming more and more diverse,and the internal control and construction of colleges and universities has been focus on more and more.The importance of internal control audit to perfect internal control is obviously,it forms an organic cycle together with the establishment and implementation of internal control in colleges and universities and it is a “ruler” to measure the effectiveness of internal control design and operation in colleges and universities.Based on the relevant laws and regulations of internal control audit in China,in this paper,firstly,the relevant researches on internal control audit and internal control audit in colleges and universities in China and abroad had been reviewed.On the basis of expounding the basic theory of internal control audit and the basic concept of internal control audit in colleges and universities,by the methods of taking S university as a case,applying theoretical analysis,questionnaire,case study etc.,to study the specific problems the university faced aiming at the status of internal control audit in the S university.By returning the internal control audit to the audit theory itself,the specific problems faced by S university into two categories-audit standards issues addressed through practice guide and the problems which can be solved by adjusting ourselves before and after the internal control audit work is carried out in the university.The main problem to affect the internal control Audit in universities is caused by the lack of “audit standard”,without standard,the auditors have no basis for evaluation,and there is no method to implement.This problem can be solved by combining of practice guide and manual of internal control audit.Aiming at how will the internal control audit practice guide and internal control manual provide better internal control audit services,the relevant suggestions had been provided in this paper.The implementation questions such as,internal audit institution settings,members,and assessment mechanism,the university can improve by adjusting itself before and after the implementation of internal control audit.Aiming at such questions,it was attempting to provide an easy-to-land implementation plan in this paper;hoped to make the lead the internal audit department to better carry out the internal control audit.