Yatai Group Internal Audit System Construction

Modern internal auditing is an independent, objective withsupervision, the confirmation, the function of the consultation tools, thegoal is to give enterprise value and improve management. Internal auditneed to establish the system of the normal method and measures, to theenterprise for evaluation and supervision, to improve risk managementand internal control and the effect of control, so that enterprises canachieve the intended target. With foreign advanced enterprise, ourcountry group company’s internal audit started later and there is a certaingap that related experience in the field of research still not mature.According to some relevant literatures and case summary, our countrygroup company’s internal audit can only construct internal audit systemmethod and the elements. The tenet of internal audit is to meet therequirements of the board of directors and executives layer. With thegrowth and expansion of the Group Company, the enterprise internalaudit requirements for more and more, to need constant innovation andfound. Exercise effective internal audit system needs around thedevelopment of the enterprise target as the core, the core part around inplan, supervise, evaluation, the follow-up work and process, do more close to the internal audit organization goals to achieve consistently.This paper analyzes the internal auditing situation at home andabroad, the domestic company internal audit characteristics andproblems, summarize group company develop and build up the necessityof the internal audit system. According to the actual situation of the JointVenture Company and development and requirements, combiningdomestic and foreign advanced experience of internal audit and method,the internal audit system construction between Yatai group proposedrequirements and suggestions. To establish internal audit systemconstruction of the objective, principle as the yardstick, according to therequirements of the joint venture company, perfect the internal auditsystem and establish the flow management system, the function systemand the system, summarizes some of the internal audit activity betweenYatai group experience and measures, and gradually improve the internalaudit system functions.Finally, this paper put forward some our group company internalaudit system suggestion and hope, make full use of the internal auditwhich is an effective tool for enterprise value added the contribution, tomake the little power for internal audit field.