Research On Value-added Internal Audit Of Power Grid Enterprises From The Perspective Of Integration Of Business And Audit

Internal audit is an important part of China’s characteristic audit system.Under the situation of full coverage of audit,the expectation of the society and enterprises on the value-added of internal audit is constantly enhanced.China’s value-added internal audit has entered a deep stage of development,and continues to explore and summarize the value-added path.The integration of business activities and audit activities is an effective exploration for enterprises to achieve full coverage of internal audit,and has become a new path for internal audit to increase enterprise value.It is gradually forming a new mode and becoming the direction of further exploration and application of internal audit in state-owned enterprises.At present,Relying on the high development of digital economy,State Grid is concentrating on digital transformation,laying a foundation for the application of the audit mode of "Two-way linkage between business activities and audit activities".Therefore,studying the application of value-added internal audit mode integrating business activities and audit activities in power grid enterprises under current conditions is of great significance to the development of value-added internal audit,and is also conducive to promoting the reform and development of power grid enterprises through the high-quality development of internal audit.This paper sorted out the literature on value-added internal audit,the value-added path of internal audit,the integration of business activities and audit activities through literature research,and summarized the relevant theories.Then,through the application of Structured-Pragmatic-Situational case analysis method,Taking the value-added internal audit of State Grid H Electric Power Company,which initially applied the concept of integration of business activities and audit activities,as the research object,a single case study was conducted.Through the construction of value-added internal audit model based on value chain theory,It analyzes the effect of internal audit department promoting the increase of enterprise value from the Angle of organic integration of business activities and audit activities.and analyzes the existing problems and reasons from the dimension of customer,audit results,learning and innovation.Then,through the business activities and areas of audit activities integration,exploration of the internal audit and other supporting activities in the value chain activities together,with the internal audit and business department in advance,and the fusion effect of the feedback loop forming approaches,the integration of business activities and audit activity of value-added internal audit mode is optimized,Then promote the internal audit to increase the value of the company to achieve the goal.Finally,the paper puts forward some suggestions for power grid enterprises to comprehensively apply the value-added internal audit mode integrating business activities and audit activities,and provides reference for power grid enterprises to develop value-added internal audit.It is expected to promote the high-quality development of internal audit and strengthen the internal audit work of power grid enterprises.