Research On The Reconstrution Of Value Added Internal Audit System Of TH Company

With the great social and economic changes,the market crisis is changing rapidly.Due to various internal and external reasons,the risks affecting the company's operation have come one after another.Enterprises must implement effective risk management and effective risk prevention and response measures to avoid and utilize risks as much as possible,so that enterprises can better achieve organizational goals.As the "third line of defense" of risk management,a complete and efficient value-added internal audit system can largely supervise and evaluate the effectiveness of enterprise risk management.More and more enterprises have begun to pay attention to the impact of value-added internal audit on the company's operation,which has greatly improved the company's operation scale and the ability of managers.Therefore,to establish conforms to the enterprise actual value-added internal audit system and enable the value-added internal audit should to play the role of recognition and consulting can maximize the risk,so that enterprises can better cope with its changing internal and external environment of enterprise risk,improve enterprise management level,enhance the value of the enterprise effectively.The TH company was founded in 2001 and listed on the Shenzhen Stock Exchange in 2011.It was the first listed company of eco-environment construction on the gem.The operating income of the TH company has grown from 825 million in 2011 to 8.1 billion in 2017,which is in the stage of rapid development.There is bound to be great uncertainty in operation and management.As a case of the TH company,this thesis,based on fiduciary duty theory,value chain theory,the theory of internal control and corporate governance theory and related theory as the instruction starts from the role of value-added internal audit to the enterprise,the theory instruction practice,analyzes the present situation and problems of the system of internal audit of the TH company,analyzes the existing problems,puts forward the strategy of reconstructing of value-added internal auditing system and puts forward the safeguard measures of value-added internal auditing system,in order to effectively play the important role of value-added internal audit,through continuous innovation and sustainable improvement,the rational allocation of resources,active play to review,assessment,consulting,and other functions,fully mobilize the resources of the company,provide effective decision-making advice,and ultimately protect the development of the company,to achieve the strategic goals of the company.This thesis is the first one to systematically sort out the internal audit system of the TH company and put forward the concept of reconstructing the value-added internal audit of the TH company,which will improve the internal audit work of the TH company and give play to the greater value of internal audit.This thesis may also be the first systematic study on value-added internal audit system in the environmental protection and ecological industry of the TH company,which can set up a model of value-added internal audit in the same industry and is worthy of reference by peers.