Discussion On Internal Audit Quality Control Of H Fintech Company

The development of Fintech is at the forefront of the world in China.While promoting the development of financial science and technology,China is also strengthening the supervision of the industry.With the increase of external environmental risks in the Fintech industry,the digitized business processes,the virtuality and jumpiness of data aggravate the internal risks of the company,such as the increase of business lawbreaking probability and the increase of information security threats.Internal audit,known as the third line of defense against risks,can improve corporate governance,standardize corporate operations and prevent corporate risks to a certain extent,which is of great significance to the development of the company.Audit quality is the vitality of audit activities.Strengthening the quality control of internal audit is conducive to the internal audit to give play to its due function,realize audit value-added,and realize the healthy development of the company.H financial technology is a fast growing company and in the financial industry of science and technology as the typical new financial technology company,the company on the part of the project was carried out by internal audit quality control and has obtained certain achievements,but there are also many problems,in order to better promote the sustainable financial technology company,financial technology companies must adjust their internal audit in order to adapt to the new situation.However,the development history of China's internal audit is short,the degree of attention to it is low,the quality of internal audit is difficult to meet the ideal requirements.Therefore,it is of great practical significance to focus on the internal audit quality control of Fintech companies in China.This paper takes H financial technology company as a case to study its internal audit quality control,which is of certain representative significance.It can not only improve and optimize the internal audit quality control system of H financial technology company,but also provide reference for other companies in the financial technology industry.Based on theories related to Fintech and quality control of internal audit,this paper conducts an in-depth analysis of the internal audit quality control system of H Fintech company by means of literature research,case studies and field research.Based on the actual situation of H company,the current situation of its internal audit quality control is analyzed to find out the problems and their causes.Finally,provide targeted solutions.In this way,I hope to provide some practical experience for the internal audit quality control of Fintech companies.The main content of this article is divided into six parts.The first part is an introduction,which summarizes the research background and research significance of the topic selection in this article,reviews existing research,and then draws research methods,research ideas,and discussions.Basic framework.The second part elaborates the related theories of internal audit quality control of Fintech companies,mainly explaining the meaning and characteristics of Fintech companies,the concept and role of internal audit quality control,and various factors affecting audit quality control.In addition,the second part also introduces the relevant theoretical basis of internal audit quality control: the theory of fiduciary economic responsibility,the theory of risk-oriented internal audit,and the theory of comprehensive quality control.The third part introduces the basic situation of H Fintech Company and the current status of internal audit quality control of the company,and finds out the existing audit quality control problems.This article combines the four aspects of audit quality control subject,object,environment,and method to specifically analyze the specific problems existing in H Finance Company.The specific problems include: lack of information audit quality control content;auditors' subjective arbitrariness when conducting audit work;Communication difficulties;lack of external evaluation of audit quality;follow-up rectification part of audit trails failed.In response to these problems,the fourth part of this article analyzes and digs out the reasons for these problems,namely,the imperfect internal audit quality control system construction,unscientific organization and staffing,poor quality control awareness,and lack of information audit quality control,etc.Therefore,H Fintech Company needs a series of perfect countermeasures to solve the problems in the case.The fifth part chooses to start from the four aspects of systems,institutions,cognition and personnel.It is proposed that H Fintech companies should first ensure the audit work with the system,establish and improve the internal audit quality control related systems,strengthen the standardization and standardization of audit work,and optimize quality control Procedures and content.Secondly,the independence and authority of internal auditing will be further enhanced,and the establishment of the organization,the economic benefits of personnel,and the expansion of the scope of auditing power will further provide a good environment for the company's internal auditing.At the same time,it will popularize the knowledge of internal audit quality control,improve the company's awareness of the importance of internal audit,carry out the construction of internal audit quality evaluation system,and improve audit quality.Finally,starting with the audit team,the quality of the internal audit of the company was fundamentally improved by manpower.