The Research On The Problems Of Countinuous Auditing Based On Value-added

The arrival of the new century brings about more opportunities for the development of enterprises, but also the ubiquity of risk. As Norman Marks said, for internal audit, there never is a time like this brought so great challenge and abundant opportunities. In order to cope with the changing environment, value concept has become the core concept of enterprise management, value added becomes the basic goal and primary aim of enterprise’s management, and companies should give priority to adding value. Internal audit as an internal functional departments, should also follow management changes to provide value-added services. But at present, the practice of continuous auditing in our country is also not common. And there are still many problems needed to be solved. So studying on the problems and countermeasures related to continuous auditing based on value-added has theoretical and practical significance.This paper adopts normative research methods, combining with flow chart. First of all, this paper expounds the basic concepts and theoretical basis of continuous auditing based on value-added, and then analyses the prblems existing in the process. And on this basis, it analyses the causes of the problems. After that, it introuduces experience of continuous auditing in the field of R&D, theoretical study and application overseas. Finally, according to the practical situation of our country and the essence of problems, this paper proposes opinions and suggestion on perfection of continuous auditing based on value-added, on the basis of foreign theory and practice experience.Through analyzing on application situation and consulting a large number of reference, this paper obtains the weaknesses caused in the practice of continuous auditing based on value-added. Compared with theoretical research and foreign practice, the questions of continuous auditing based on value-added are as follows:lacking of application consciousness Lacking of application consciousness, not producing the greatest function of value-added, lacking of executable system software, narrow scope of services configured. The causes of the problems are:cognitive factors of continuous auditing based on value-added, factors of the study on the value-added function of continuous auditing, technology development factors, service are not extended to corporate governance. According to analysis of national conditions and on the basis of foreign experience, this paper expounds solutions to the problems of continuous auditing based on value-added from the aspects of idea, theoretical research, technical support and implementation in firms. The solutions are as follows:improving the under standing continuous auditing based on value-added, accelerating the theoretical research, enhancing technical supporting to continuous auditing based on value-added and facilitating continuous auditing based on value-added to stretch vertically.On the whole, at present the research on continuous auditing based on value-added is in its early stage in our country. There are lack of systematic study on it, and few policy documents are about continuous auditing. Many of the reference related almost have the same content, most of their theoretical basis come from the research achievements overseas, especially the IIA’s. For example, the scope of consulting services, the contradiction between consulting services and independence, the measurement of value added, all these problems arc not given systematical research.There haven’t been our own theory achievements in the study of continuous auditing aud so far. This paper focuses on studying in the problems and countermeasures of continuous auditing based on value-added, hoping to advertise continuous auditing based on value-added in theoretic and practical field, making more people update their concepts and accept this new concept, then encouraging effective practice of continuous auditing based on value-added in our country, fmally promoting comprehensive transformation and healthy development of internal audit in China.Also, this paper hopes that it can play a valuable role and arouse more people involved in the research and practice of continuous auditing based on value-added, and also hopes that our country can play a role in encouraging practice and research on continuous auditing based on value-added. I will continue to study and practice continuous auditing based on value-added in my future study and work.