| Corporate governance is derived from the separation of ownership and operations of a corporation. While internal auditing is derived from the relationship of responsibility entrustment between the ownership and operations. The relationship of responsibility entrustment is the necessary means for the owner to guarantee the effectiveness and efficiency of operations. The internal auditing is a kind of tool to guarantee this relationship running smoothly and achieve preset goals. Corporate governance is set of systematic policies framework. Internal auditing and monitoring is the necessary procedure to guarantee the policy system works. Internal auditors perform audits to evaluate whether the policies and processes are designed and operating effectively and provide recommendations for improvement. It provides reasonable assurance regarding the achievement of objectives. It is not only theoretically important but very much practical.This article adopted the methods of reference researches and standards anylasises. Referenced newest reseach products and leading edge theories from both domestic and abroad. Combined and studied our corporate reorganization and internal auditing practices. This article based upon the analysis of corporate governance and internal auditing, discussed the importance and function of our company's internal auditing under the circumstance of corporate governance. Meanwhile, different modules of internal auditing under the circumstance of corporate governance were also discussed. Thoroughly analyzed the deficiencies of internal auditing in corporations of our country. And proposed some correspondent solutions. Furthermore, assumptions of how this would be developed and progressed in the future were made. Hope this can help corporations to achieve their objectives, drive their progress and to have a healthy development. |
