Research On Internal Audit Risk Of Jiuding Construction Company

The construction industry is one of the pillar industries in our country.In recent years,the construction industry in our country has been developing rapidly.Many construction companies have emerged gradually.However,for the moment,many construction companies in daily business activities,management risk always exists objectively,internal audit is along with management risk and appear.Conducting internal audit on enterprises can effectively prevent or find the events of risks in enterprises.Therefore,it is necessary to establish a sound internal audit system in order to help construction companies better deal with various risks in their normal operation.This paper reviews the relevant literature,sort out the internal control theory,risk management theory,information asymmetry theory and other related theories,and adopts the case study method to select Jiuding Construction Company as the research object to carry out the internal audit risk research.First,through literature analysis,comparative analysis and system analysis method,analysis summary construction company,keeping one’s internal auditing present situation,and analyzed the dominant construction company internal audit risk mainly includes: the kinds of risk system of audit risk,audit efficiency and audit risk,audit risk,audit risk information.After that,the reasons for the internal risks of Jiuding Construction Company are analyzed,which mainly include incomplete audit plan,inadequate audit investigation,inadequate audit implementation,unreasonable use of audit methods,and weak audit awareness of management and departments.Secondly,according to the types and causes of the internal audit risks of Jiuding Construction Company,the author puts forward the control strategies :(1)to construct the overall idea of internal audit risk control,and determine the objectives,design principles and overall plan of the internal audit risk control program;(2)Set up the internal audit system,re-set the internal audit system adequately and reasonably according to the existing internal audit problems of Jiuding Construction Company,so as to improve the level of risk management;(3)Take specific preventive measures against the reasons for internal audit risks of Jiuding Construction Company: ensure the thoroughness of internal audit through system;Enhancing the adequacy of investigations;Improve the level of audit implementation;Applying reasonable audit methods;Carry out the internal audit work reasonably.Finally,in order to ensure the implementation of the control strategy,the corresponding safeguard measures are proposed :(1)to improve the relevant laws and regulations;(2)Enhance the audit fund guarantee to ensure the full completion of the internal audit work;(3)Strengthen the construction of corporate culture and put the concept of internal audit into the understanding of each employee;(4)To strengthen the internal audit of key parts in a risk-oriented way and improve the utilization rate of audit resources;(5)Pay attention to the training of audit personnel.