The Development And Innovation Of Our Country's Internal Audit Function

With the development of economy environment and society demand, the function of auditing has been developed. And also with the changing economy environment, the role of auditing has changed. Especially in the modern society, the external and internal environment of business has become more complicated. Under this circumstance, some Multinational Companies such as Enron and World Com bankrupted because of problems in business operation and finance. And it is important to set up and perfect company management structure.Therefore, it is significant to find some efficient measures to develop the function of internal auditing. This article mainly adopts normalized research method, combining with some other methods, such as contrast analysis and case study. Moreover, this article analyzes the seventh definition given by The International Institute of Internal Auditors and deepens understanding on the extension of present function of internal auditing. In addition, it explains the present situation of Chinese internal auditing in order to explore the feasible method which can combine the present situation of China with the international development trend to improve Chinese internal auditing.Chapter One: The Evolvement of Internal Auditing FunctionThis chapter will mainly analyze the seventh definition given by The International Institute of Internal Auditors and clarify the developmental track of overseas internal auditing systemically.Chapter Two: The Current Situation of Chinese Internal Auditing FunctionThis chapter will mainly use questionnaire and contrast analysis method and form the basic recognition of Chinese internal auditing.