Research On The Internal Audit Of LN Electric Power Company Limited

Internal Auditing, as an important component of enterprise group management, takes an extremely important and special position in the process of enterprise group management. As in the overall background of internal business corporations establishing and improving modern enterprise systems and effective enterprise administration structures, internal auditing, an significant economic supervisory form, has been valued by LN Electric Power Company Limited Group ("LNEPCLG") day by day. However, current internal auditing of enterprise group in our country is in an initial period. There is a large gap between internal auditing of enterprise group in our country and that in Western countries. Therefore, investigating the internal auditing of enterprise group in our country means realistically to improving internal auditing of enterprise group in our country and increasing business performance.This article is about the main topic of how to improve and perfect the internal auditing of current Electric Power Groups. In order to offer theory support and fact reference to improve the internal auditing of LNEPCLG, main problems existing in the internal auditing of LNEPCLG are listed and reasons why they exist are given, and also strategies and suggestions are provided in this article. There are three sections in this article, the content in each section is as follows:The first section is an introduction. The introduction reveals the necessity of improving and perfecting current internal auditing of LNEPCLG and the significance of researching this task through researching background, researching significance and researching method.The second section is about some basic definitions of enterprise group internal auditing and an introduction to entrusted economic responsibility theory, enterprise administration structure theory and internal control theory, etc. The author forms the LNEPCLG’s internal auditing theory system by recreating the relevant Electric Power Groups’internal auditing theory after clearing internal auditing definition, motivation, nature, target, function, range, focus, etc. Moreover, based on the current internal auditing situation of electric power enterprise group in our country, the author points out the major problems.The third section, the author analyses the major problems existing in the internal auditing through organization structure, species, projects, models and methods.The forth section, the author suggests LNEPCLG to form an internal auditing system with risk guide according to the former analysis. In order to form an internal system with risk guide, the author redesign the organization structure, projects, methods and other components of internal auditing for LNEPCLG.The fifth section, conclusion.