Internal Audit Outsourcing Quality Dilemma And Improving Approach Research

Adapting to the new requirements of New Normal Economy,full coverage has become the new orientation of internal audit.However,the period of its development is too short to get its team construction ready and mature.Thus,the internal audit outsourcing becomes a main chioce for internal audit department to allocate audit resources flexibly.The internal audit outsourcing leads to the change of audit subject,and weakens the supervision over audit process from organizations.For the sake of ensuring the overall quality of internal,the quality of internal audit outsourcing becomes an issue that needs to be solved immediately.After reading papers related to internal audit,this paper,based on the data,compares the internal audit development and status quo between China and USA.Although starting late,there will be broader space for the development of internal audit outsourcing in China.Because of factors such as ownership pattern,stages of economic development,maturity of outsourcing market and so on,there are some big differences between China and other countries in internal audit outsourcing avtivities and outsourcing mode.In China,engineering audit accounts for relatively large,and the main mode of outsourcing is the specific outsourcing and partial outsourcing.As one of footstones of organization governance,internal audit department should help its organization to achieve goals actively.According to the internal audit theory of value-added,internal audit quality refers to that the internal audit department help the organization to realize the value-added via assurance and consulting.Accordingly,the quality of internal audit outsourcing is refers to that the value-added from outsourcing implementation process.Based on value-added theory,combined with the Conceptual Framework for Measuring Internal Auditing's Value and the elements of quality assessment in the practice,the third chapter identifies and analyzes the effect factors of the internal audit quality.Considering the specific situation of the internal audit outsourcing practice,it concludes the factors which affect the quality of outsourcing of internal audit work.According to the characteristics of internal audit outsourcing in China,the final financial cost audit outsourcing of JY basic construction is representative in activity and form.Through this case and practice situation,the existing problems of internal audit outsourcing is concluded.According to the theory of subject body behavior,this paper analyzes the risk points and key control points throughout the process based onthe process of the internal audit outsourcing.Considering different features of those risks and environments,this paper provides some possible control measures.