Study On Internal Audit From The View Of Risk Management In Harmony Group Suzhou

In the new century,national economic level is presenting remarkably higher while modern information technology are developing rapidly,which has private enterprises unprecedented developing and opportunities bringing in expanding growth.Meanwhile,types of risks are showing up to private enterprises which are heading to trend of diversities and complexities along with situation changed greatly.Especially with the impact of world economy crisis,domestic private enterprises are facing challenges in all aspects.To avoid or at least reduce risks brought about by changing economy situation and enhance risk control constantly,that what should be laid emphasis on is private enterprises stick to reinforce internal management with consideration of their own characteristics to establish modern enterprise system and internal risk audit control system.For sure,internal audit is quite an important part of enterprise management control,which should be transferred properly from focusing on conforming to the standard operation only to emphasizing rationality and health concept of modern enterprises business process as well as enterprise management system;from focusing on digging out issues from management team to assisting management team in issues solving.Regarding to enterprise management control path,how to transfer is closely dependent on enterprise reinforced management capability,which works to enhance enterprise value at the most,provide healthier developing mode as well as gain great support from all departments and management.Relatively speaking,risk-oriented internal audit initiates late in China.Analyzed from literature documents,most of current studies are aiming at analysis of theories and cases in partial industries.Thus,with clear-up and summary of domestic &international theory analysis,researcher applies practical cases analysis with reference to risk management theory,basic definition of internal audit,model,programming,target of internal audit in risk control,combination of internal audit and risk management and other theories to set forth types of existing risks,internal audit status,issues and inducement on Harmony Group Suzhou on the basis of internal audit and risk management.Also mature management mode of risk-oriented internal audit in domestic and international enterprises are selected to study and provide valuable solutions.With analysis above,Harmony Group Suzhou comes up with internal audit control concept design and supporting measures lead by risk-orientation with combination of its current situation.Taking conclusion and prospect as the end,researcher makes a summary of the study and puts forward shortcomings while shows expectation to the future.In brief,the theory is taking Harmony Group Suzhou as an example to analyze its operation performance,issues and root causes given rise by risk-oriented internal audit in virtue of theory explanation and successful domestic &international enterprises practical experiences.As the summary,the theory comes up with pointed future development strategy for Harmony Group Suzhou and will perfects study continuously with the desire of providing reference for relative study,enhancing the efficiency of internal audit,laying foundation for sustainable development and offering hints for risk –oriented internal audit system in other types of enterprises.