Study On The Internal Audit Effectiveness Of CWB

As an important part of modern enterprise management,internal audit can stimulate enterprise to strengthen their internal management,prevent operational risks,and increase the economic value of the enterprise by supervising the management of production and operation of the enterprise.However,influenced by factors such as independence,professional competence,senior management support,internal audit has not met the requirements of modern management and the expectations of the people,and is even set aside and becomes the objective to be reduced.Therefore,strengthening the effectiveness of internal audit and enhancing the efficiency and standard of internal audit are the keys related with corporate governance.In this paper,based on improving the effectiveness of internal audit,we used the case of CWB's internal audit to study it.First,this paper analyzed the factors that affect the effectiveness of internal audit and laid a theoretical foundation for the establishment of CWB effectiveness assessment framework.Secondly,its internal audit environment from the perspective of company type and organizational structure of CWB and summarized the main existing problems by analyzing the status of effectiveness control of its internal audit.Finally,aiming at these problems,suggestions on countermeasures to improve the effectiveness of internal audit of CWB were proposed from aspects such as maintaining the independence of audit department,perfecting internal audit system,strengthening the human resources of internal audit,and improving the quality of internal audit.Besides,based on the foregoing analysis,suggestions were proposed to improve the internal audit of non-profit organizations in our country.The study in this paper has provided practical guidance and reference for the improvement of internal audit of administrative institutions in China.