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The Application Of Financial Statements In The Internal Audit Of Property Insurance Companies

Posted on:2019-03-17Degree:MasterType:Thesis
Country:ChinaCandidate:D LiuFull Text:PDF
GTID:2429330566467042Subject:Business administration
Abstract/Summary:PDF Full Text Request
As an important component of insurance companies in China,property insurance companies have higher risk levels than other insurance companies because of their special product types and customer attributes.The short-term property of the one year period of property insurance has led to the huge pressure of competition in the same industry.The same insurance target is in the full contention of many property insurance companies every year.In the face of such a huge industry competition pressure,the operation of property insurance companies is unavoidable to walk in high risk zone.The internal audit of insurance companies is faced with the problems of insufficient experience of auditors,backward audit means,and single audit methods.These factors restrict the use of internal audit functions,and thus make the property insurance companies have greater exposure.Financial statements are widely accepted by all kinds of companies with their unique properties.At present,the indepth study of financial statements is mainly focused on the senior managers.It has become a new challenge and opportunity for the enterprise to manage and control the risk of management and control of the financial statements,such as the rational and effective use of financial statements.This paper combines financial statements,financial accounts,and traditional internal audit methods with ACCESS,Tableau and other big data tools.By cleaning large amounts of data,refining effective data.Import effective data into Tableau to build data visualization system,identify risk modules through analysis of system deduction.And use the A property insurance company's financial data from 2016 to 2017 to verify the analysis method,and compare the analysis results to the actual operation decision of the organization,and find out the problems existing in the management and management of the institutions.Through analysis and demonstration,this paper holds that the analysis of financial statements and internal audit work has a natural agreement.The analysis of financial statements will help the internal auditors open an entrance to the internal audit work,and find out the problems in the system and process of the company through the effective problems,and finally through the system formulation and process.Optimize and strengthen the risk management ability of property insurance companies.
Keywords/Search Tags:financial statements, internal audit, data analysis
PDF Full Text Request
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