Internal Audit Function

Since reform and opening, various types of enterprises has played a huge role in China’s economic development. they ensure sustained and stable growth, solve the employment pressure and optimize the industrial structure.they have played an important role which can not be ignored. However, in the current economic situation which is a good policy environment, many large companies suddenly came tumbling down, this gives us the warning can not be ignored. This phenomenon reminds us:business in their development process, their being bigger and stronger process, they must.establish a modern enterprise internal control system, strengthen its internal management. Internal audit is a modern enterprise generated responsive to this need, it is very important to establish modern enterprise system, to improve corporate governance structure and enhance the competitiveness of enterprises. In this article,we will discuss the function of internal audit from all angles, combined with the specific case of internal audit. And we will focus on the situation of our country, through the theory with practical ways to discuss the problem of internal audit, I hope this article will promote the development of enterprises’s internal audit-This paper is divided into five chapters.The first chapter:the introduction. the introduction is about the background and significance of the internal audit’s function, indicating the need for internal audit. This paper describes the ideas, research methods, so that the reader will study this problem have a general understanding.The second chapter:the domestic and international literature review. This chapter describes the definition of internal audit, the definition of internal audit function,and the research results of internal audit function.The third chapter:the theory of internal audit function, starting from the development of internal audit, to analysis the theory of the specific internal audit function. the fourth chapter:a case of internal audit of W Group. Introduce W Group, it’s overview of internal audit,and study the case of this Groupthe fifth chapter:effectively Suggestions ofInternal audit function, is mainly about the current lack of internal audit, and my basic ideas for how to make the audit function effectively.The Main contribution of this paper is to view the internal audit function in the induction, and combine the practical case to study the internal audit function. And combine with my practical work experience give some recommendations. I hope to promote the development of our internal audit,to share my work experience with readers.The shortcomings of this paper is how the internal audit function can play the role of the largest less than, such as how to carry out internal audit work, what kind of ways to maximize the internal audit function.I hope Internal auditing practices can engage experts to provide relevant research data, to jointly promote the development of internal audit.