The Research On Internal Audit Of JX Group's Overseas Business

Pace of economic globalization deepens,state-owned enterprises group to go abroad,get rid of the limit of population and resource,improve enterprise technology and management,business activities conducted a series of overseas investment,overseas business scale to the rapid development of our country's economy growing,improving market openness,increase awareness of enterprise competition has a very good role and power of our country economic structure transformation.However,with the rapid development of overseas business,faced with the complex and diverse risks in the international market,the failure of overseas investment and management is not uncommon,which brings huge economic losses to Chinese enterprise groups,and has become an important factor restraining enterprises from carrying out overseas business.Therefore,strengthening the risk management ability of overseas business has become an urgent need for enterprises to improve their ability.As one of the important means of corporate governance,internal audit plays an important role in state-owned enterprise groups.With the increasing emphasis on internal audit,the internal audit functions of state-owned enterprise groups are becoming more and more complex and important.However,the internal audit of overseas business is faced with many problems in practice.Based on the above background,this paper takes the fund performance special audit of JX group overseas north American branch as an example to show how internal audit can play its own value in the corporate governance of the overseas business of state-owned group,assist the group to strengthen internal control,prevent and dissolve risks,and protect state-owned capital.At the same time,through the case to reveal the state-owned enterprise group overseas business internal audit in practice facing difficulties and problems.Finally,some Suggestions are put forward.First,adjust the internal audit management system of group enterprises,improve the independence and discourse power of internal audit,and facilitate the development of internal audit of overseas business.The second is to improve the degree of informatization of internal audit of overseas business.By building an audit application platform,it can realize remote monitoring of business data and business management of overseas subsidiary companies.The internal audit can be engaged in post-audit conversion audit,improve risk prevention ability,reduce the time of on-site audit of overseas business and control the cost of overseas audit.Third,through the establishment of a scientific and systematic audit evaluation system for overseas business,the identification and evaluation of internal audit will be more objective and reasonable.The first chapter from the internal audit theory at home and abroad research status of the research summary;Chapter two expounds the dialectical relationship between internal audit and corporate governance and risk from the theoretical level,and describes the overseas business status and internal audit status of state-owned enterprise groups,and puts forward the necessity of research.The third chapter takes JX group as an example to specifically discuss the practical situation and exposed problems of risk-oriented audit in practice.The fourth chapter puts forward the conception of internal audit of overseas business of state-owned enterprise group.Chapter five is the conclusion of this paper.After research,we get some enlightenment on the future development of internal audit of overseas business of state-owned enterprise groups.Is given priority to with normative research,this paper USES the comparative method,charts,case studies,theory combined with the actual situation,and with case analysis,can for the better development of overseas business state-owned enterprise groups,for the state-owned enterprise group internal audit functions,improve the state-owned enterprise group,overseas business management capabilities to provide several Suggestions for state-owned enterprise groups,overseas business has the reality guiding sense.The deficiency of this paper is mainly reflected in that the public audit information of state-owned enterprise groups' overseas business is mainly government audit,while the public information of state-owned enterprise groups' internal audit is less,which affects the research effect of this paper.Secondly,this paper puts forward improvement Suggestions on the basis of case analysis.The application scope is limited to some extent,and the general applicability of the improvement Suggestions remains to be tested.