Research On Internal Audit Management Of T Home Appliances Group

With the development of economic globalization,modern enterprises are facing increasingly complex economic forms.In order to enhance risk resistance and market competitiveness,more and more enterprises have diversified investment through M & A,restructuring and other ways,and embarked on the development path of collectivization.Group companies have become an indispensable part of China’s economy.As one of the cornerstones of the corporate governance system,internal audit plays a key role in the group company.The survival and development of the group company is inseparable from good internal audit management.The supervision function of internal audit can provide guarantee for economic business,and its consulting function can provide data support and risk prevention for management’s decision-making.At present,most of the group companies in our country have complete governance structure,but the decision-making,operation and supervision are not really separated.There is information asymmetry among the subsidiaries within the group.The situation that the management ignores the internal control often occurs.The internal audit organization established on this basis cannot play its role in practice.In addition,the social and cultural environment affects the internal audit work.Our country is a society where emotions and laws coexist.On the one hand,people agree with the law very much,on the other hand,they are bound by emotions,which brings obstacles to the internal audit work.In the study of internal audit literature,the theoretical research has achieved some results,but most of the research does not involve specific practice,especially the case study on internal audit management of group companies is relatively rare.Therefore,it is very important to study the management of internal audit in combination with the actual situation of China’s group companies.The internal audit management of T Group Company can reflect the current situation of China’s group company to a certain extent.This paper selects T Group Company as a case,aiming at the particularity of home appliance industry,makes a comprehensive diagnosis of the internal audit management of T Group Company,finds and improves the weak links in the internal audit process,and finally puts forward the relevant optimization of internal audit management.Hope to provide a valuable reference for other group companies in China.