Study On Internal Audit Issues For AB Manufacturing Company

With the continuous development of the national economy, the economic competitiveness of private manufacturing enterprise are enhancing, the scale of manufacturing enterprises is expanding, joint-stock group, diversified, cross-regional, cross-border business is more and more obvious. Faced with this trend, how to effectively internal control the complex business is increasingly urgent. Strengthen corporate governance is the purpose of internal audit, to discover the effectiveness of management problems, to check the effectiveness of internal control procedures, to prevent and resolve operational risks, and maintain normal order of operation of enterprises to promote enterprise management level, achieve value preservation of assets. However, the current internal audit of private manufacturing enterprise in these areas, there are still problems, seriously hampered the healthy development of enterprises. Therefore, more research should be focused on the issue of internal audit of private manufacturing enterprise. From the set of internal audit with the internal auditors, internal audit and internal audit business processes starting operations, propose how to improve the manufacturing company’s internal audit recommendations. Summarized in the organization, business, system, implementation of these four aspects.This paper adopts qualitative analysis, specification and case study analysis methods. Selecting AB manufacturing company as the research object. AB manufacturing company is a leading automotive engine block casting and other high-end product development, production and sales of large private manufacturing enterprises. Therefore internal audit development of AB manufacturing company as the research object. is representative, the study of the internal audit status quo reflects China’s private manufacturing companies development of internal audit to a certain extent. From the set of internal audit with the internal auditors, internal audit and internal audit business processes starting operations, on the basis of advanced theory and experience at home and abroad on the internal audit, analysis present situation of AB manufacturing company’s internal audit work, analyze its internal audit problems and reasons, From how to strengthen the independence of the internal audit function, improve the level of knowledge of auditors, and improve internal audit system, expand the scope of internal audit, the audit authority and strengthen executive power and other aspects of the internal audit system are described, to better perform their functions, improve the quality of audit work. With a view of theinternal audit of other private manufacturing companies in a certain reference.This article explores the ways to implement internal audit, puts forward how to strengthen the audit authority, expand the scope of the audit, strengthen the propaganda, give play to the guiding role of audit results, cause each department’s understanding of internal audit and pay attention to. Through the public audit results, supervision by public opinion, the accountability system, make the enterprise attaches great importance to the internal audit, clear the rights and obligations of each department. Through the department the rectification, the role of the elderly. By strengthening the audit of the executive power, give play to the function of audit and role, and in a timely manner to the audit results into benefit, help the company to achieve business objective, combined with the development of AB manufacturing companies make prospects for future research.