Research On Risk-oriented Internal Audit Of RS Company

Since the beginning of the 21 st century,economic globalization has developed rapidly,information technology is changing with each passing day,the national policy environment is constantly changing,and the business environment of enterprises is becoming more and more complicated.What follows is a variety of rapidly changing risks.Surviving and operating in a complex and high-risk environment is the first consideration of all industries.The functional department of an enterprise,the internal audit department,is an important place to prevent and control risks.To meet the risk challenge,the internal audit department needs to implement an internal audit model that can favorably control risks.The evolution of the internal audit model has so far developed into a risk-oriented internal audit model with risk as its main focus.The discussion in the theoretical community about risk-oriented internal audit is also getting more and more heated,but the related theoretical research is still macro-oriented and mostly for The research on the risk-oriented internal audit theory itself,and relatively few case studies in practical application,can provide a reference value for the actual implementation of the risk-oriented internal audit model.Therefore,selecting specific case companies and analyzing the application of their risk-oriented internal audit can bring some reference significance to the practice community.This article studies the status quo of application of risk-oriented internal audit by RS companies,finds problems and proposes improvement plans,in order to provide some references for RS companies to improve the application of their risk-oriented internal audit models,and also to other peers in the industry that are applying or plan to apply Enterprises with risk-oriented internal audit models can provide experience.First of all,this article is based on the basic research ideas of "Introduction-Theoretical Overview-Application Status of Risk-Oriented Internal Audit of Case Companies-Existing Problems and Causes-Improvement Measures",according to the research method combining theoretical research and case analysis This paper introduces the research background and significance of this article,and summarizes and sorts out the existing literature on risk-oriented internal auditing theory,methods and functions,applications and improvements,and reviews the literature on this basis.By summarizing the theory of risk-oriented internal audit,the process of the evolution of internal audit mode from financial-oriented to today's risk-oriented internal audit mode is introduced.It summarizes the characteristics of risk-oriented internal audit from the aspects of audit objectives,scope and personnel quality,and describes the two major functions of confirmation and consulting of risk-oriented internal audit.The operational process of risk-oriented internal audit was combed,including the preparation stage,implementation stage,reporting stage and subsequent stages.Then it introduces the theory of fiduciary responsibility,strategic management and internal control related to this case.Secondly,this article introduces the basic situation of RS company and the operation status of its internal audit department.The main business content of RS company's internal audit department includes compliance audit,financial audit and fraud audit,and its internal audit department performs business operations.The process is basically the same as that of the risk-oriented internal audit model.By understanding the daily operation of the internal audit department of RS company,it is found that the problems are: the size of the internal audit department is difficult to support the risk-oriented model;the authority of the internal audit department is insufficient;the internal audit team is weak in construction and training;Risk-oriented internal audit requirements;lack of performance evaluation and incentive measures for internal auditors' risk response capabilities;lack of training mechanisms for internal auditors to identify and respond to risk capabilities;deficiencies in the internal audit department's business execution process;internal audit departments and other departments There are obstacles to increasing risks in joint offices;lack of formal risk assessment procedures;low audit efficiency;internal audit departments need to take into account the internal audit operations of multiple subsidiaries;and the conversion rate of audit results is low.Thirdly,through in-depth understanding of the problems existing in the risk-oriented internal audit of RS companies,the reasons leading to the problems were found to be: management's insufficient awareness of the function of risk-oriented internal audit;family members' authority to restrict the authority of the internal audit department;Management ignored the role of the internal audit department;internal audit personnel recruitment system was not put in place;paid little attention to the work results of internal auditors;ignored the improvement of the internal audit team's professional skills;the company's internal soft environment restricted the internal audit function;internal audit The degree of integration between the department and other business departments is low;the audit model is disconnected from the risk orientation;the degree of audit technology informatization is low;the degree of audit resource integration is low;the management lacks the concept of risk prevention.Finally,this paper proposes targeted improvement measures after analyzing the problems and causes,including: supplementing the internal audit staffing;improving the status and economic independence of the internal audit department;increasing the training of the internal audit team;Auditor structure;formulate performance evaluation system and incentive measures for internal auditors 'risk management capabilities;improve the training mechanism for internal auditors' risk management capabilities;improve the internal audit department's business execution process;improve multi-sector joint office related systems and abandon Standardism;proper use of risk assessment procedures;improvement of the informationization level of the internal audit department;integration of group audit resources;improvement of the quality of audit opinions to increase the conversion rate of audit results.