Research Of Internal Audit Based On Corporate Governance

The Institute of Internal Auditors (IIA) revised its international standards for the professional practice of internal auditing in 1999, the revised standards require internal audit to assess and improve corporate governance processes, and provide "value-added" service to enterprises. As a managerial control mechanism that ensures effective the accountability, the basis of the internal audit is the corporate governance, and Effective internal audit will improve the corporate governance. Internal audit and corporate governance have an interactive relationship. Therefore, The purpose of this paper is through combining internal audit and corporate governance in high, wide view to study the internal audit in order to advancing the suggestion to the internal audit. Centering on the goal, this paper is fall into five parts. This paper is organized as follows:The instruction part discusses the motivations, rational, research methods, structure and major issues of the paper.Chapter Two is Theories and Interactive relationship of Modern internal audit and corporate governance. This chapter reviews the concept and evolution of modern internal audit, financial-oriented stage, operational-oriented stage, management oriented stage and risk-oriented stage, examines the key viewpoints of theory of every stage of internal audit. It also describes Interactive relationship between internal audit and corporate governance.Chapter Three is Interactive relationship between internal audit and corporate governance This chapter analyses the features of corporate governance, then examines the interactive relationship between internal audit and corporate governance and describes internal audit and corporate governance have the common theories the foundation, the mode of corporate governance influence the mode of internal audit, It analyzes the more closely the interactive relationship the between internal audit and corporate governance.Chapter Four is Function and role of internal audit based on corporate governance. This chapter reviews internal audit takes corporate governance as the its provide the information object, internal audit's role in the corporate governance.Chapter Five is Improve internal audit on Corporate Governance. This chapter mostly describes how to improve internal audit on Corporate Governance and listsome case.Chapter Six is Prospect of Internal Audit Based on Corporate Governance. This chapter objectively describes the future of internal audit in China by taking into consideration Interactive relationship between internal audit and corporate governance.