The Research On Application Of Risk-oriented Internal Audit In Power Grid Enterprise Risk Management In Our Country

With the development of modern science, technology and Increasedcompetition between enterprises, enterprise risk management become the focus ofattention of the management. The strengthening of risk consciousness leads torisk-oriented audit production. In the western country, the research on risk-orientedaudit is very deep, but the research in our country is still shallow. So research andapplication risk-oriented audit has very strong theoretical and realistic significancein our country. With the deeper reform of the grid enterprises, the risks of gridenterprises are growing. How to manage these risks is acid test to power gridenterprise. As a kind of the enterprise supervision mechanism, internal audit hasresponsibility to help enterprise management to control all kinds of business risk.So how to improve the service to meet the needs of the development of theenterprise and realize value-added goal become the urgent matter.Firstly, this paper describes four aspects to state the relationship ofRisk-oriented audit and power grid enterprise risk management. These aspects arethe characteristics of power grid enterprises, enterprise risk management, thecharacteristics of risk-oriented audit, the development of the power grid enterpriseinternal audit. Secondly, it reveals the problem of risk assessment content, theinternal audit personnel risk awareness, risk assessment level, the internal auditdepartment subordinate levels and authority, risk management responsibilities, riskidentification breadth, the communication of risk response. Then it applies agenttheory, risk management theory and game theory to analyze the reason for theproblem. The reasons are as follows. China power grid enterprise risk managementmechanism is not sound, the risk response force is not enough, agencyresponsibilities is fuzzy, risk identification become difficulty, risk managementbreadth and depth does not form a constraint mechanism, risk-oriented audit plays apoor role in corporate governance. Finally, some related countermeasures areproposed. Countermeasures are as follows. Revisions internal audit standard andrisk management standards, perfect grid enterprise industry audit regulations,perfect grid enterprise risk identification and assessment program, increase the riskresponse of internal audit in degree, clear management to the risk managementresponsibility, build cooperative game relationship to achieve risk responsebenefits, change the internal audit mode, Improve the risk assessment method, improve the risk management comprehensive qualities of the internal auditors.Risk-oriented internal audit become the inevitable trend of power gridenterprise internal audit . Risk-oriented internal audit will realize the value added,provide important guarantee.