The Related Analysis Of Conducting External Assessment Of Internal Audit Quality Activities In China

Internal audit quality is the soul of the internal audit. In order to protect the professionof the soul of the internal audit, in2004the Institute of Internal Auditors (IIA) re-issued aseries of guidelines, which are on the external assessment of the internal audit quality.Since then, the external assessment of the internal audit quality started at the internationallevel in full swing. In2006China has also reached an agreement with IIA to introduce it asthe most powerful way to guarantee the internal audit quality. Then China Institute of InternalAuditors (CIIA) promulgated related regulations, carried out personnel training,and implemented pilot in some organizations.IIA has been disseminated the external assessment of the internal audit quality in theglobal for nearly ten years, and now we need to seriously take a good look of what kindof situation it has been developed. We also need to examine whether our country isequipped with all the conditions which the external assessment of the internal audit qualityneeds after years of preparation, and how to advance the further work of the externalassessment of internal audit quality. In order to solve the above problems, this articlebegins from analysis the definition of internal audit quality and its influence factors, at thesame time differentiates the names among the present scholars to definite researchobjective. Then by arranging the relative theory and development history at home andabroad, and making the foreign development situation as a benchmark while overview theglobal development situation, preliminary concludes that the relevant regulation systemhas been basically established, and the currently external environment is suitable forcarrying out external assessment of internal audit quality..Then through the questionnaires,we collected the latest data to further confirm the results that the foundation of mostorganizations’ internal audit in our country are well, and the internal environment is alsosuitable for carrying out external assessment of internal audit quality. At last this articleclears the internal barriers when organizations carried out external assessment of internalaudit quality in such aspects as the determination of assessment methods, the selection ofassessment teams selected, preparatory work before the assessment, and the ways tosupport the work in the assessment. This article also puts forward external safeguardmechanisms from four angles, including consciousness, system, talents, and technology, toprotect the rapid development of our country’s external assessment of internal auditquality.This article builds a relatively complete external assessment of the internal audit quality research framework. In this article, both the clearly definition of the meaning ofinternal audit quality assessment and the establishment of the theoretical position ofexternal assessment of internal auditing quality, fill the theoretical blank of the relevanttheoretical research areas. The distance between China and the international community inthe external assessment of internal audit quality, factors restricting the external assessmentof internal audit quality, helpful measures for carrying out an external assessment ofinternal auditing quality and safeguard mechanisms about internal and external which thearticle proposed all provide help in promoting external assessment of internal audit qualityand establishing policies.