| With the development of internal audit,risk base audit has been the trend.But neither the international internal audit standards nor Chinese internal audit standards has given detailed advice on how to put risk base audit into practice,and how to evaluate the risk.The author is working for a big national company in China,with more than 400 subsidiaries.There are independent internal auditing department in the company,reporting both to the board of directors and CEO.Today,the auditing department of the company wants to set up a risk assessment system.The current problem is mainly shown in three aspects as below: firstly,how to make audit plan each year by evaluating the risk of the subsidiaries;secondly,how to determine the emphasis and scope in preparation for project plan;thirdly,how to identify the grade of defect.This article will do the research on the practice of different risk assessment skills in internal audit,to help the company setting up a risk assessment system,and provide reference for further researches on risk assessment. |
