Research On Improvement Of Internal Audit Of Chaonan District Power Supply Bureau Under The New COSO Framework

Electric power industry is a key pillar industry in China’s economic development.Today,with the depletion of resources,the implementation of supply side structural reform is an essential strategy of governance.Therefore,we should not only prevent some major risks,but also pay attention to the crucial issues that energy production is difficult to play to the extreme.If the backward production capacity is not effectively managed,the relevant risks will be aggravated.Therefore,after the 19 th National Congress of the Communist Party of China,we need to develop new clean energy in accordance with the requirements of the community of shared future of mankind,and implement the requirements of green environmental protection and sustainability to the end.These ideas of environmental protection in the new era and new ideas should be deeply rooted in the hearts of the people.Widely recognized and sought after by the public.Therefore,the rapid development of smart grid construction,new energy development and other key areas not only represents many traditional environmental protection concepts and the utilization and storage of energy has been difficult to estimate the challenges.These challenges are not only put forward by the power industry,but also by other related industries and industries.Not only that,but also our audit requirements have been challenged.Many important links need us to explore.So we need to pursue the management of audit environment.And in the process of improving the audit system in the future,we will gradually implement the project of enterprise standard management arrangement.Taking Chaonan Power Supply Bureau as an example,this paper analyzes the impact of the new COSO framework on internal audit by combining its industry risk particularity,monopoly,new COSO framework and internal audit strategy theory,and analyzes the objectives and basic processes,functional positioning,internal audit object composition,talent team and risk identification of the current risk-oriented internal audit of Chaonan Power Supply Bureau The paper analyzes the current situation of internal audit in power grid enterprises from five aspects,points out that the formulation of internal audit plan lacks independence and scientificity,the internal audit function structure is relatively single,the audit coverage has not been fully realized,the comprehensive risk management mechanism is not perfect,and the internal audit talents and technical reserves are insufficient,and then analyzes the causes.Finally,the paper puts forward the new audit objectives,principles and ideas based on the new COSO framework "strategy",improves the current internal audit model process of Chaonan Power Supply Bureau,and takes economic responsibility audit as an example for specific explanation.Then,in order to ensure the smooth implementation of the improved internal audit model,from the five elements of the new COSO,specifically from the improvement of the internal audit organization system and the promotion of the "all inclusive" mode This paper analyzes the guarantee measures of the improved internal audit mode in six aspects: covering audit,constructing a new internal audit performance evaluation system,improving the internal audit talent strategy,strengthening the audit follow-up rectification and supervision,and strengthening the information construction,and analyzes the improved prediction effect,hoping to help the internal audit of Chaonan Power Supply Bureau bring more economic benefits and enhance the enterprise’s resistance Risk capability,to promote the long-term and healthy development of enterprises.With the development of economic globalization and information technology in recent years,the market competition environment is becoming more and more complex and fierce.The author believes that internal audit will make great achievements in the future,and it is the general trend to reshape a brand-new audit theory and framework in line with the background of the times.The purpose of this paper is to study how to improve the current situation of internal audit of Chaonan Power Supply Bureau,improve and implement the objectives,principles,scope and mode of internal audit,and reflect the unique value of internal audit in corporate governance.