The Proportion Between Internal Audit Professional Capability And Audit Effectiveness

With the internationalization and diversification of the market become more evidently, China’s integration into the competition of the global market, participate in the global competition and to seize the global market has become the only way for Chinese enterprises to get bigger and stronger. Chinese economic integration into the world economy is an important manifestation. However, the competitive environment of fast-changing international market, an unprecedented strengthening of the senior management of Chinese enterprises doing business in the future development of forward-looking decision-making requirements, it also requires high-level decision-makers of Chinese enterprises will seriously think about their own company’s strategy and positioning in future. As we all know, the audit (particularly internal audit)plays a very important oversight role in the process of the business strategy transferring from a decision-making layer to the Executive layer, therefore, to the audit of internal audit activities has a very important significance on behalf of the company’s strategy implementation.In view of this situation, the country implemented the new accounting standards and at the same time issued the new "Auditing Standards" in which there were substantial changes, and soon after the promulgation of the new "internal control standards" was issued too. "Auditing Standards" constraints the social audit, "normative" constraints the internal audit in a certain extent, in any case, the audit changes rules and regulations are intended to improve the audit in the enterprise’s strategic position. On the other hand, the ability and quality of auditors have a significant impact on the audit results, this view has been approved by a considerable number of scholars and practitioners. Enterprises want to enlarge and strengthen,economic efficiency and the steady improvement is an important guarantee, therefore, in order to achieve this purpose, not only the enterprise should have an excellent operation, management team, but also require a group of outstanding internal audit staff to supervise institutions of governance and internal control operations.Based on this idea, this article builds on the Balanced Scorecard and the Competency Model, starting with the three elements of the competency assessment system for the "capacity" factor,and to start with actual cases as the guide, through questionnaires and other forms of access to tangible and real data.And then through a combination of quantitative analysis ability of the Balanced Scorecard to quantify the quality evaluation model, followed by the combination of degree of realization of the effectiveness of corporate audit to establish the effectiveness of the audit and other curves, through the ratio between the two companies to assess the ability of auditors supervise the quality of the corporate strategy execution of the request (that is, whether the audit utility maximizing) level of satisfaction, and the theoretical utility maximization for not realizing the audit ability and quality of internal audit staff need to raise the issue what kind of a preliminary study.This paper is structured as follows:the first chapter, this chapter is the preamble of the paper. Writing of this article focuses on topics of significance such as background and relevant content with writing papers, and on this basis, describes the research methods, research ideas and research routes; The second chapter, this chapter focuses on the theory that is needed in the process of discussion, including utility theory and the ability and quality on the model theory,these two parts, one to introduce the model theory-based ability and quality, in order to give the convenience of discussion later, while discussing the ability and quality model theory, it introduced the required theory associated with the balanced scorecard; Chapter three, the main contents of this chapter discusses is the quality of the audit staff capacity curve and the derivation of induction, using the Balanced Scorecard Competency Model audit staff can be decomposed into the corresponding quantitative indicators to arrive at the quality of the audit staff capacity curve. This is one of the outstanding chapters; Chapter four, this chapter is to get the summarizing and derivation to the audit effectiveness of curves using a quantitative approach. It still uses the Balanced Scorecard factors that affect the audit of the effectiveness of decomposition to the corresponding indicators in order to get an auditing utility curve. This article is also one of the outstanding chapters; Chapter five, this chapter is the end of the theoretical part. After the first two chapters of the curve is derived, the content will expand on the research results discussed in the previous two chapters, the two curves of the ratio, the ability to complete the audit staff to audit the effectiveness of the quality of the impact of this problem analysis and discussed and put forward the concept of the audit the effectiveness of a balanced, pointing out that an audit of the audit of the effectiveness of a balanced allocation of resources is the ideal model. And the theoretical significance of the audit carried out a balanced realization of a more in-depth discussion. Finally come to conclusion of the study; Contents of Chapter six is the verification of the correctness and practicability of the previous theory, by selecting typical cases, and using the previous theoretical analysis and discussion, then compare the conclusion and the facts to verify the correctness of the theory. And give modified idea the typical cases.Innovation and contribution of this paper mainly in the following three aspects:First, the balanced scorecard management accounting ideas was introduced to the audit area; second, quantitative analysis of the empirical method of accounting included in the competency assessment model, making the original difficult quantitative indicators can be quantified; Third, putting the ideological balance of Western economics and analysis capabilities into the quality model,and evaluating the capacity of auditors and audit effectiveness.