Case Analysis Of Internal Audit Of Agricultural Enterprises

As a big agricultural country,agricultural enterprises have played an important role in promoting China's agricultural development.Although internal audit started late in agribusiness,the role of internal audit in the day-to-day management,corporate governance and internal control of the company cannot be ignored.In daily operation and management,internal audit provides the basis for agricultural enterprise management decision-making,improve work efficiency,and improve the economic benefits of agricultural enterprises.In corporate governance,internal audit through the review of business activities,comparative analysis of relevant economic indicators,evaluation of operations Performance,propose improvement measures for non-compliance,monitor property security,and promote the value-added and preservation of agricultural enterprise property;in internal control,internal audit can reveal the weak links in business operations and promote the self-restraint mechanism of agricultural enterprises It can supervise the internal control situation relatively independently,objectively reflect the actual situation,supervise the performance of the fiduciary responsibility,and safeguard the legitimate economic rights and interests.This paper selects ZB Group,a leading agricultural enterprise in a certain province,as a case study,and conducts in-depth systematic research on the status quo,existing problems and causes of internal audit application in this agricultural enterprise,and proposes targeted improvement suggestions.Through the research in this paper,I hope that internal audit can provide a certain reference value for agricultural enterprises to play a greater role.Internal control theory shows that in the current internal audit environment in China,internal auditing monitors the management activities of the entire company by reviewing and evaluating internal controls.The internal control of a company can also explain the current status of internal audit in the company.The improvement of the establishment of the control system will also have an impact on the effectiveness of internal audit.According to the theory of fiduciary responsibility,internal auditors who want to become qualified trustees will have corresponding requirements in terms of professional knowledge and professional ethics.The principal-agent theory shows that the principal-agent problem between the shareholders' meeting,the board of directors and the internal auditors needs to ensure the independence of the internal auditors in the organizational structure.According to the above theory,this paper uses case analysis4m ethod to analyze the status quo of internal audit application in ZB Group from three aspects.First,the basic situation,including the purpose,role and content of internal audit in the agricultural enterprise;internal audit system formulation The situation,the situation set by the internal audit institution;the second is the status of the internal audit process in the agricultural enterprise,including the pre-audit,audit,post-audit process,pre-internal readiness and internal audit rectification implementation;It is the use of internal audit methods in the agribusiness,including the internal audit methods that have been used and the internal audit methods that are advocated for use.According to the analysis of the status quo,combined with the theory of internal audit principal-agent,the theory of fiduciary responsibility and the theory of internal control,we find the following problems in the application of internal audit in ZB Group:(1)the lack of authority of internal audit;(2)the lack of internal The audit charter,the internal control system is not perfect;(3)the internal auditor has insufficient professional level and the internal audit supervision is limited;(4)the assets with smaller amount are less valued in internal audit;(5)the internal audit process is not taken into account Pre-audit and post-audit;(6)Internal audit methods are not fully integrated with agricultural characteristics.The main reasons for the above problems are:(1)unreasonable organizational structure weakens the authority of internal audit;(2)high level of emphasis on internal audit leads to lack of normativeness;(3)wide range of agriculture,internal auditors change The frequency is too high;(4)the scope of internal audit is narrow,and the characteristics of agricultural enterprises are not fully considered;(5)the preparation and application procedures of internal audit are not perfect;(6)The backward management concept hinders the updating of internal audit methods.Based on the current situation and existing problems of ZB Group application in internal audit,this paper combines the reasons analysis and proposes the improvement of ZB Group internal audit from the basic situation of ZB Group,internal audit process and internal audit method.First,in the basic situation,improve the organizational structure,strengthen the independence of internal audit institutions,and meet the independence requirements mentioned in the principal-agent theory;establish internal audit regulations,improve relevant systems,and echo with internal control theory;Measures to increase management's emphasis on internal audit.Second,in the internal audit process,we attach importance to each internal audit process,implement the pre-internal preparation procedures,strengthen the internal audit rectification,establish a complete internal audit process and ensure that each node's processes can beimplemented.Third,on the internal audit method,based on the original internal audit method,and innovate the audit method based on the actual situation;encourage internal auditors to focus on the innovative methods of agricultural characteristics,and promote the use of methods that best suit the characteristics of the enterprise;Communication skills when getting information.