Analysis On The Internal Audit Of Jiangxi Xingtie Industry Investment Fund

With the continuous improvement of the corporate system in our country,internal audit has become an important guarantee for enterprises to exercise self-restraint and control,strictly adhere to financial and economic discipline,strengthen risk management and enhance economic efficiency.Internationally,a series of malicious accounting fraud cases such as Enron,WorldCom and Xerox make people pay more attention to the company's internal audit while paying attention to external audit.The role of internal audit has also been highly affirmed by enterprises and regulatory agencies.There are also financial fraud cases in many enterprises such as Guangangyue and Yuehai Railway Company in our country.This shows that the internal audit of enterprises still needs to be further improved and improved.The railway industry fund is a new type of investment and financing tool that accords with the railway construction and development in our country.Its establishment helps to make up for the huge funding gap in railway industry investment,broaden the financing channels and promote the leap-forward development of the railway.With the expansion of China's industrial funds and the increasingly fierce competition for investment in social capital,in order to enhance the competitiveness of the railway industry funds in the domestic and overseas markets,it urgently needs to deepen all the factors that affect the management level and business performance Analysis,objective evaluation and close control.This puts forward new requirements for internal auditing of fund companies,requiring internal auditors to break through the traditional scope of financial auditing,conduct auditing work in a broad area of the company's operating activities,establish business partnerships with functional departments,coordinate with investors to improve management and operation,Improve operational efficiency,do a good job for the company to add value.Jiangxi Xingtie industry investment fund is launched by Jiangxi Province.It is the first real market-oriented operation of the railway industry fund,In order to innovative investment and financing system,attract social capital into the field of public infrastructure for Jiangxi "Thirteen Five" Railway planning and construction projects to provide effective financial protection.The establishment of Jiangxi XingTie Industrial Investment Fund has explored a new way of raising funds for the construction of Jiangxi Railway using private equity investment funds as a financing tool,as well as providing reference samples for other domestic infrastructure construction to absorb social capital.This article intends to select Jiangxi Xingtie industry investment fund asan example,through the method of case analysis of Jiangxi Xingtie industry investment fund internal audit status quo pointed out that the internal audit problems and their causes,and finally put forward the perfect method and advice,which China The construction and improvement of the internal audit of industrial funds has some practical guiding significance.This thesis is divided into three parts:The first chapter introduces some theories related to internal audit,including the definition,the basic functions,the basic theoretical of internal audit.The second chapter elaborates the internal audit situations and problems of the Jiangxi Xingtie industry investment fund.Firstly,it illustrates the current situations of the Xingtie Industry Fund internal audit,such as the organization and staffing,the function playing and the working procedures of the internal audit in Xingtie Industry Fund.Then,it analyzes the existing major problems in Xingtie Industry Fund internal audit as follows,the organization structuring and staffing of the internal audit is unreasonable;risk management does not mix with internal audit;internal audit lacks proper guarantee mechanism;internal audit is difficult to form audit closed loop.Finally,it analyzes the reasons why these problems exist in the Xingtie Industry Fund internal audit.Auditing environment is not conducive to the development of internal audit,so it has not established a risk-based internal audit process;Internal audit resources are limited;Financial budget management agency was not set up.The third chapter puts forward a series of countermeasures and suggestions to solve the problems mentioned above.They are as follows:change the function of internal audit;improve the internal audit environment and process;attach importance to internal audit process communication;strengthen the construction of internal audit team.