Internal Audit Research Based On Enterprise Risk Management

The world economy experienced a major trauma during the global financial crisis in2008. The United States and European Union are still undergoing an economic downturn and it may take a while to see an overall economic recovery. The outlook in china is hardly optimistic either:the downside pressure on economy is tremendous, many controversies need to be dealt with immediately and the demand for comprehensive and profound reforms is growing. At the moment, China is actively promoting regional economic collaboration as well as the marketilization of the interest rate of Yuan. China is also pressing on with its reforms in various industries. As a result, Chinese companies will face up to a more competitive environment and great uncertainty during their development. There will be both risks and opportunities at the same time. Therefore, how to seize opportunities and manage risks is an important issue in the development of enterprises. Under this circumstance, it is necessary to promote comprehensive risk management in companies and to set up a complete risk management system which on the one hand, helps enterprises to identify effectively risks and take measures accordingly to bring the risks under control and helps them to seize opportunies in a bid to inject new life to the sustainable development on the other.In this paper, on the basic of a large number of domestic and foreign literature and according to the requirements and expectations of the IIA and internal audit China of internal audit work, internal audit of our participation in enterprise-wide risk management were studied.The main contents are as follows:firstly, analyzed the background and significance of internal audit inenterprise risk Management, and related studies at home and abroad aresummarized. Secondly, analyzed the relevant theoretical basis of comprehensive risk management of internal audit and enterprise, the existing theory is enough to guide the internal audit fully participate in enterprise-wide risk management practices, in order to play a greater role of internal audit in corporate management. Furthermore, the motives of the internal audit in the enterprise-wide risk management are analyzed and try to give a comprehensive approach of internal audit in the enterprise risk management. Then, analyzed the internal audit of A enterprises to participate in the comprehensive risk management case, clarified the A corporate internal audit in detail, gave a simple evaluation of the model of internal audit A and participate in its comprehensive risk management. Finally, according to the successful experience of a enterprises to participate in the internal audit of enterprise risk management, put forward some suggestions on the improvement of internal audit in the enterprise-wide risk management.I hope this study can be used for reference to the development of internal audit in China, to promote internal audit of China participate in the enterprise risk management process, unlease the effective and efficient roll of the internal audit as the third line of defense of a comprehensive enterprise risk management for Chinese enterprises development and growth and contribute their strength.