Economic globalization brings forth great opportunities as well as increasingly complex operating environment and risks to these state-owned commercial banks.As a consequence,internal audit plays an important part in facilitating management,reducing operational risks and therefore increase efficiency.Based on the above,this article overviewed the current situation of value-added internal audit at home and abroad,the connotation of internal audit as well as the distinction compared with traditional internal audit and lastly the theoretical basis of value-added internal audit.All of the above would be illustrated through the case of commercial bank J.In the first place,this paper introduced the current situation of value-added audit of commercial bank J and discussed the shortages over the implication.More specifically,it concludes the inaccurate orientation,plain construction,inconspicuous value-added services and the incomplete informatization which leads to lagging feedback and defective performance appraisal.Secondly,this article analyzed the current situation and summarized these problems: senior management is lack of thorough understanding of the concept and vision of value-added audit,the operating system is not standardized and the technology should be implicated in business routine effectively,auditing relied excessively on off-site auditing system and the internal audit performance appraisal is not completed and thorough.At last,this article analyzed the effective value-added internal audit applied by ICBC,and brought forth some recommendation through a comprehensive exploration of the implication of value-added audit domestically and abroad.Roughly speaking,commercial bank J should have a profound comprehension of value-added audit,improve the organizational structure,strengthen the internal audit value-added role of platform,be more creative in actual practice,improve the auditor's professional competence and build with enterprise characteristics of value-added internal audit evaluation system.This paper explored the implementation of value-added audit in commercial bank J and discussed the problems by a thorough research on theoretical and practical basis,which would play an important role in making the most of value-added audit whatever in theory or reality. |