Research On The Application Of Risk-oriented Internal Audit In Private Universities

With the influence of multiple factors such as the opening of the access mechanism for running schools by social forces,the acceleration of the capitalization process of private education,and the supply-side reform,the operating environment of private colleges and universities invested by private enterprises in running schools is constantly changing,the risks of running schools and management are increasingly complex,and the risk control and internal governance are in urgent need of innovation.The internal audit department,as the most basic coping tool for risk prevention of operating entities,is also an important part of daily operation and management.Its internal meaning and external extension are constantly expanding and enriching.The internal audit under the traditional audit mode is obviously unable to meet the management needs in terms of operational efficiency and efficiency.Therefore,the innovative use of risk-oriented auditing method in the internal audit of private universities has certain research significance in theory and practice.China’s risk-oriented audit started late,private universities can learn from the successful practice experience is still in the exploration stage.This paper combines the risk-oriented auditing frontier theory with the case study of D school to explore the feasibility,necessity and effectiveness of applying risk-oriented auditing in the internal auditing of private universities.Firstly,based on the theories of risk-oriented auditing and internal auditing,this paper studies the necessity and feasibility of applying risk-oriented auditing methods in the internal auditing of private universities in combination with the actual needs and management requirements of the internal auditing of private universities.Then,based on the current situation,basic conditions and specific practices of risk-oriented auditing in school D,this paper analyzes the problems existing in the application of risk-oriented auditing in school D,and further analyzes the causes.Finally,the optimization countermeasures and improvement methods are discussed.This paper argues that,in the private universities internal audit using the risk-oriented audit approach in line with the business development and social development needs,if can effectively application can improve the management level of private colleges and the efficiency of internal audit effect,however,the key is to set up a set of practical and feasible operating standard and quantitative risk evaluation index,is a more fundamental work requires private colleges management attaches great importance to the risk management and internal audit work on his mind.In addition,it is necessary to improve the supporting mechanism of internal audit and build a multi-party coordination mechanism.