| China National Petroleum Corporation(hereinafter referred to as oil) in the 2013 annual report has been released showing 9881.48 billion Yuan of debt, the debt rate much higher than the SASAC designated "red line", together with the 2013 outbreak several executives in the oil due to a series of corruption dismount "oil scandal" to make right, but inefficient oil has become the focus of the government to rectify severe. XX Oilfield Company, Petro China is a subsidiary of oil company Petro China to explore measures to improve capital efficiency has been plagued oilfield management’s heart disease. According to statistics, a number of oil companies well 2011-2013 crude oil production to 21 percent rate of decline, their operating costs are rising at a rate of 26 percent. View company’s audited annual report 2011-2013 and found that the amount of project funding beyond the budget more funds appeared most frequently audit opinion. Oil Company after years of development has a lot of achievements, but the money actually consumes and the larger the difference between the planned budget situations has not been effectively alleviated. It is noteworthy that the oil early in 2003 Sarbanes-Oxley Act had reference framework for the Group and its subsidiaries oil companies to establish and implement internal controls, and the 2013 is basically a comprehensive on-line system large treasurer, called the domestic financial management and control of advanced model. Thus, with a more mature internal controls and called Petro China advanced funds management and control system, and its capital efficiency is not high enough to highlight the effectiveness of the internal audit reasons worthy of reflection.Pre-audit refers to audit the auditor general before the company projects business class occurrence, and his practical effect is reflected in the feasibility of doing the plans and objectives of the re-audit of scientific rationality, to prevent illegal floating abuse expenditure, and to assist in the matter after the audit, which can further improve audit quality and achieve audit value. Capital chain is the lifeblood of business survival and development, improvement of the capital chain of pre-audit; it helps to improve capital efficiency.In this paper, in the form of case studies, on the current situation and status of capital Internal capital chain oil XX Oilfield Company were analyzed and found the presence of oil companies funding internal audit internal audit independence insufficient funds Internal Tracing and not comprehensive enough, already The anti-fraud system and internal audit staff incentive mechanism is not perfect question. Based on this, the design capital chain audit mode, designed to help oil companies improve the financial audit internal auditors prior audit mechanisms to improve anti-fraud system and the oil companies on the internal audit staff incentives, improve capital efficiency oil companies. Internal capital chain model covers pattern design ideas to expand the audit function, the use of audit methodology and implementation of the four aspects of the audit process. Meanwhile, there are supplemented anti-fraud systems and incentives for internal audit staff and other support measures for the financial chain audit mode is active applications. Such a capital chain audit model in this article in theory, the theory of internal audit model and guide of capital turnover fraud auditing theory to build, we want to build internal audit of oil companies, oil companies improve capital efficiency, reducing the company benefit fraud.Internal audit as an extension of the administrative authority, the subtle changes in its connotation has given rise to the extension of administrative authority, large under the environment of the treasurer of the oil in the internal audit has the general characteristics of internal audit, and presents its own unique characteristics. Oil company subordinate oilfield of the money in this article will internal audit mode, to be perfect to make more comprehensive oilfield company internal audit. Through design cortical chain internal audit mode, the construction of the internal audit for oil in the oil field company provides detailed path, for big other oilfield company treasurer environment provides reference for the construction of the internal audit. |
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