Analysis Of Defects In Internal Audit Of D Securities Company And Countermeasures

Innovation is the driving force for the development of the financial industry.Change is the eternal theme faced by securities companies.The financial industry has always been a high-risk industry.Securities companies are the most important and most influential intermediary institutions in the capital market.Their survival and development status have a direct impact on the improvement and development of the capital market.The internal audit that acts as the last line of defense in securities companies has become an important way to reduce corporate risks,improve corporate governance,and increase company value.Under the general environment of the"comprehensive risk management" era of securities companies,the research on the improvement of the internal audit of securities companies is of practical significance.This article uses case studies and literature review methods,while referring to internal audit related research results and the latest internal auditing standards,it also introduces risk-based internal auditing theory and continuous auditing theory as the theoretical basis.Firstly,this paper discusses the division of responsibilities among securities companies' internal auditing,risk management,and compliance management,and discusses the organizational structure and business process of securities companies in depth.The case-based company's risk-oriented internal audit process has systematically analyzed the status of the case company's annual audit model.Based on this,it reveals the flaws in the internal audit of the case company,including defects in internal audit status,limited audit effectiveness,backward auditing methods,and lack of auditing IT information system.After analysis,the defects of the case companies are caused by the internal governance situation is chaotic,professional competence is insufficient,the risk-oriented method is not implemented,and the recognition and utilization of new technologies are insufficient.Finally,this paper proposes improvement measures for internal audit of case companies in the following four aspects:improving corporate governance,optimizing internal audit organization and staffing,strengthening and implementing risk-oriented methods,and introducing a continuous audit model.This paper expects to study the problems existing in the internal audit of the case company and put forward corresponding suggestions for improvement so as to promote the development of the internal audit of the case company and the securities company,thereby improving the efficiency of the financial market and promoting the value of the company.