The Study On The Construction Of Risk-oriented Internal Auditing Model Of Jinchuan Group LTD.

In June of 1999, IIA passed new define of internal auditing based on risk-oriented and vocational standard frame, which marked international internal auditing was developing to a new level---risk- oriented internal auditing. This model pays much attention to direct the relation between auditing goal and enterprise goal, which are applied in different large international businesses in developed countries to improve enterprise risk management and raise internal auditing value. However, we are at infant stage towards its theory research and application. How to localize risk-oriented auditing and service Chinese enterprise is a question that Chinese internal auditing industry needs to think and study.Jinchuan Group Ltd. is a large state-owned non-ferrous metallurgical and chemical enterprise and a model unit for national internal auditing. With transnational business thriving, our company faced diversified and complicated risk and request process control and efficient supervision on internal auditing. In view of insufficiency of auditing model now, introducing risk-orientatied internal auditing to strengthen anti-risk ability is both a challenge and opportunity we must face.I have been working in internal auditing for many years. By studying MBA, I have had a further understanding of modern ideas of internal auditing. Based on the research of our company's auditing demand and objective evaluation of present internal auditing model, and instructed by internal auditing theory and risk management, I designed our company's risk-orientatied internal auditing model and provided suggestions of its operation and external safeguard. Here are innovation points of this paper:1) The paper composes three aspects of auditing goal, operation and management to show integrities.2) value chain theory is innovatively blended into goal choice of internal auditing and operation to extend vision of present operation of risk-orientated internal auditing.Our company's risk-oriented internal auditing model is in line with actual operation and development goal in the future, which is available to strong application and feasibility. Besides, method of mainly site auditing and supplement of non-site auditing has made instructive attempts and achieved good results. So I hope this model will not only raise our company's internal auditing value, but also benefit our domestic enterprises, especially large state-owned enterprises.