The Discussion On Outsourcing Of Internal Audit

The macroeconomic situation is complicated and the market environment is changing with each passing day.The profit margin of enterprises is further challenged.More and more enterprises are paying more attention to internal management while seeking external market opportunities.Internal audit is generated under such a background.Internal audit is an activity established within the organization to supervise management,control risks,and evaluate results.It has the distinctive features of the modern audit system,that is,its content and external audit complement and complement each other.Although internal audit cannot directly create value for business operations,the good or bad internal audit is very important for the formulation,implementation and supervision of corporate strategic objectives.In the construction of internal audit system,most enterprises in China have problems such as imperfection and low quality of internal audit.The quality of internal audit is restricted by talents,methods and internal environment,and it has not fully exerted its benefits in enterprise management.Gradually attracted the attention of the corporate governance layer.Under the strong market demand,a group of professional internal audit outsourcing teams have been gradually developed in the market,which not only provides high-quality and efficient internal audit services,but also saves costs,improves the quality and efficiency of work,and greatly reduces risks.Therefore,the innovative mode of internal audit outsourcing has far-reaching significance for the management and long-term development of enterprises.In 2017,after a long period of research and discussion,MF decided to outsource part of the internal auditing business.In the end,it also improved its management to a certain extent,and formed a medium-and long-term internal audit business management plan that can serve the future.Companies that intend to adopt the same model provide lessons to learn from.This paper studies the internal audit outsourcing case of MF company.It is mainly combined with literature research method,analytic hierarchy process and case study.The first part,mainly introduces the significance of this paper.,and summarizes the domestic and international research on internal audit and internal audit outsourcing.It mainly introduces the related research of internal audit,the related research of internal audit outsourcing and the related research of internal audit on corporate governance.The second part introduces the related concepts of internal audit and internal audit outsourcing,the main content,form and possible risks of internal audit outsourcing,themain process and evaluation methods of internal audit outsourcing and related basic theories.The third part is about the general situation of MF company.The motivation of implementing the outsourcing and the main contents of the outsourcing project are introduced in the background of the case,paving the way for the specific implementation analysis of the fourth part of the case;the fourth part is the case analysis and effect evaluation of the internal audit outsourcing of MF company,and the MF is introduced in depth.In the aspect of decision management,process management and follow-up management of the company's internal audit outsourcing,it evaluates the management effect,and analyzes the implementation conditions,outsourcing form and the choice of outsourcing organization in the aspect of decision management;,analyzed outsourcing The same signing,the development of the evaluation mechanism of the outsourcing organization and the communication with the auditors;in the follow-up management,determine the management mode of the follow-up internal audit business,optimize the training plan for the follow-up internal management talents,and optimize the risk evaluation mechanism of the internal audit outsourcing,And from the economic effect,quality effect,technical effect evaluation MF company's effect in this internal audit outsourcing project;the fifth part,the MF company's internal audit outsourcing decision management,process management,follow-up management and management effect analysis,Summarize the experience and concerns of MF's internal audit outsourcing.Comprehensive measurement and selection of outsourcing organizations is the key to making decision management.It is clear that the internal and external auditors' responsibilities are the cornerstone of process management and the quality of follow-up internal audit management.The goal is to ensure the follow-up management;at the same time,we should also pay attention to strengthening the attention and cooperation of all employees on internal audit management,and pay attention to the reasonable reduction of the risks brought by internal audit outsourcing.It is hoped that the research can provide some references for the companies that intend to implement the internal audit outsourcing program.The level of internal audit services has improved internal management.Enterprises should do well in the decision-making management of the company's internal audit outsourcing according to their actual business conditions,provide guarantee for the efficient implementation of internal audit,properly and accurately implement the process management and follow-up management of internal audit outsourcing,and then do an efficient integration of internal resources.Improve the company's comprehensive management capabilitiesand better support the realization of strategic goals by eliminating the advantages of fineness and complementing each other.