Case Study On Internal Audit Of Rural Credit Cooperatives In WL County

Under the background of economic globalization,the environment facing enterprises by enterprises has become more and more complex.Therefore,only by effectively guarding against operational and financial risks can enterprises achieve the goal of maximizing their value and remain invincible in the fierce competition.As an external means of supervision after the event,CPA audit fail to check out the problems in the process of enterprise operation in time.At this time,the role of internal audit in enterprises is also reflected.As an independent discipline,internal audit plays an irreplaceable role in the process of enterprise operation.By using systematic and normative methods,internal audit supervises and evaluates the enterprise's operation activities,provides information,consultation and suggestions to the management,helps enterprises improve their operation efficiency,and effectively controls the risks and financial risks encountered in operation.The goal of maximizing enterprise value is known as "the window of perspective company".Compared with developed countries abroad,China's internal audit development time is still relatively short.Whether theoretical research or practical application,there is a considerable gap with the developed countries abroad.Many business managers have misunderstandings of internal audit,still believing that internal audit is to check and supervise the financial situation of enterprises.In recent years,with the deepening of internal audit theory research and the introduction of foreign advanced audit concepts,internal audit has gradually participated in various fields of enterprise management.Its consultation and service functions are being gradually recognized and accepted by enterprise managers,but these functions are not fully developed in every enterprise.Rural credit cooperatives are the core component of rural finance in our country,and bear the important responsibility of serving the “three rural” to develop local economy.With the rapid development of economy and the prosperity of rural financial market,all kinds of commercial banks and new rural financial institutions are in favor of it.They have set up branches in rural areas and launched various new businesses,which brings great challenges to the operation and development of credit cooperatives.With the gradual change of the corporate governance structure of credit cooperatives,the internal audit department must keep pace with the pace of change,find new development directions,strengthen the role of internal audit in organizational management,help management to make decisions,improve the competitiveness of rural credit cooperatives,and promote better development of credit cooperatives.Therefore,how to effectively carry out internal audit in rural credit cooperatives has become a difficult problem in front of those charged with governance and the management of many credit cooperatives.This paper mainly studies the internal audit of rural credit cooperatives in WL County by means of literature research,theoretical analysis and case analysis.Firstly,it introduces the connotation,development trend,role,basic principles,main concerns and difficulties,main contents and theoretical basis of internal audit of rural credit cooperatives in WL county,and then clarifies the internal audit of rural credit cooperatives in WL county.Based on the present situation and main problems of the Ministry audit,this paper analyses the causes of the problems.Finally,according to the essence of the problems,it puts forward some countermeasures to improve the internal audit of rural credit cooperatives in WL County.There are six parts in this paper.In addition to the introduction and conclusion,the second to sixth parts are the core content of this paper.The second part is an overview of the internal audit of rural credit cooperatives,which lays the theoretical foundation for the analysis and research of the following text.It mainly includes the connotation,development trend,role,basic principles,main concerns and difficulties,main contents and theoretical basis of the internal audit of rural credit cooperatives.The third part is the status quo of internal audit of rural credit cooperatives in WL County,focusing on the introduction of the status quo of internal audit of rural credit cooperatives in WL County.The fourth part is the main problems existing in the internal audit of rural credit cooperatives in WL County and the reasons for these problems.The main reasons are lack of independence of internal audit,inadequate construction of internal audit team,backward technical means of internal auditors,inadequate understanding of internal audit work and imperfect quality control management of internal audit.The fifth part is to improve the internal audit countermeasures of rural credit cooperatives in WL County.Based on the main problems existing in the internal audit of rural credit cooperatives in WL County,the following countermeasures are put forward.Firstly,establish relatively independent internal audit institutions and improve the status of internal auditors in order to enhance the independence of internal audit and improve the status of internal audit institutions.Secondly,by optimizing the structure of internal auditors and strengthening the follow-up training of internal auditors,the quality and professional level of internal auditors can be improved.Thirdly,through improving the internal auditors' incentive and evaluation mechanism and the internal auditors' performance evaluation index,the internal auditors' evaluation system can be improved.Fourthly,internal audit quality control can be strengthened by staffing audit quality control reviewers,improving the accountability system of internal audit,and implementing the publicity of internal audit.Fifthly,we should strengthen the innovation of internal auditing methods and the construction of internal auditing informatization to improve the internal auditing technical means of credit cooperatives.Sixthly,we should strengthen our understanding of internal audit by increasing investment in internal audit publicity and training and strengthening internal audit communication.