Research On Risk-oriented Internal Audit Optimization Of H Electric Power Company

Electricity is China’s basic energy,and therefore the lifeline of the economic system,playing an irreplaceable key role in promoting domestic society and productivity progress.In recent years,the reform of the domestic power system has become more and more intense,creating development opportunities for power trading and market development,and of course it also brings a lot of risks.H Power Company is a provincial-level subsidiary of the State Grid,with strong assets and a wide range of services.The overall scale of development continues to grow,and risks are gradually increasing.However,the current internal audit of H company still uses traditional financial auditing methods and lacks active awareness in risk prevention.Therefore,in order to ensure the long-term sustainable development of the power grid under the new situation,it is necessary to actively develop a brand-new internal audit model,such as the introduction of risk-oriented theory and methods,to ensure that the quality and efficiency of corporate internal audit work is improved,economic benefits are improved,and prices and energy consumption are reduced.,To avoid various risks.Based on the literature review,combined with field research and data analysis,this paper analyzes the basic situation,organizational structure,and internal audit status of H Power Company,and finds that H Power Company lacks risk investigation and assessment and incomplete risk identification in the early stage of the audit.Auditing issues cover narrow areas,poor internal audit independence,lack of clear positioning,outdated auditing methods and techniques,and insufficient self-confidence of auditors.Based on the above issues,the design is risk-oriented,and proposes a set of optimization plans for the improvement of H Power Company’s internal audit work from the four stages of audit plan,audit implementation,audit report,and audit follow-up.At the same time,the expected effect of the new plan is evaluated..Finally,in order to ensure the promotion and implementation of the new plan in H Power Company,corresponding safeguard measures have been proposed from the five perspectives of system,technology,talents,system,and organization,such as establishing a risk early warning indicator system and risk database,and strengthening the independence and authority of internal auditing.It is necessary to adjust and improve the internal audit rules and regulations,comprehensively improve the ability of auditors to perform their duties,and improve the level of internal audit information management.The research conclusion has reference value for H Power Company’s internal audit work,and at the same time provides reference for other similar enterprises.