Internal Audit Management System Reform Of ZHY Group And Analysis Of Its Effectiveness

Since the reform and opening up,the modern enterprise system has been established and improved in China.Internal audit is an important means of enterprise internal self-supervision and restraint,and an inevitable requirement for the establishment of modern enterprise system.Internal audit can effectively improve the authenticity and accuracy of enterprise financial and accounting information,supervise and evaluate enterprise internal business activities and management activities,and constantly improve enterprise operation and management,so as to ensure the effective implementation of enterprise strategic objectives.With the rapid development of China’s economy,state-owned enterprises have exposed many internal management problems in the process of system reform.The internal audit under the traditional mode is far from enough to meet the internal needs of the development of state-owned enterprises.The reform of internal audit management system has become an inevitable move to satisfy the development of state-owned enterprises.The effectiveness of the reform has become an important research topic.This thesis takes the state-owned enterprise ZHY Group as the research object.By combing domestic and foreign research literature,combined with the connotation of internal audit and the relevant theoretical basis of principal-agent theory,transaction cost theory,internal control theory and risk management,this thesis introduces the current situation of the original internal audit management system of ZHY Group from the internal audit organization structure,operation mechanism,evaluation and guarantee mechanism,and combined with the actual situation of the internal audit management system of ZHY Group,Discuss in depth the content and characteristics of ZHY Group’s internal audit management system reform from2018 to 2019,and analyzes the effectiveness and causes of the reform.At the same time,according to the current situation of the internal audit management system of China’s state-owned enterprises,this thesis puts forward the research conclusions and Enlightenment of this thesis,and summarizes the experience and lessons of the reform of the internal audit management system of ZHY Group,in order to provide reference for other companies to resolve the failure crisis of the internal audit management system,and provide reference for the reform of the internal audit management system of China’s state-owned enterprises.The reform of internal audit management system of ZHY Group is a successful case of the reform of state-owned enterprise groups in China.What we can learn from this case is that there may still be many problems in the internal audit management system of some state-owned enterprises that have not been reformed.Due to the different characteristics of state-owned enterprises,the reform also needs to be in line with their own reality.The reform of internal audit management system of state-owned enterprises has a "long way to go".The government should not only urge to strengthen the supervision and management of state-owned assets and implement the reform of the internal audit management system,but also promote the continuous improvement of the internal audit system of State-owned enterprises in China to promote the healthy and prosperous development of the economy.The main contributions of this thesis are as follows:(1)the previous research on the reform of internal audit management system mainly focused on the impact of the construction of organizational structure,operation mechanism,evaluation mechanism and guarantee mechanism on the internal audit management system,and there is little case-based analysis on the reform and effectiveness of internal audit management system.Taking ZHY Group as the research object,this thesis introduces the situation and reform content of ZHY Group’s internal audit management system before the reform,analyzes the characteristics,effectiveness and causes of the reform,and enriches the research in this field.(2)By exploring the reform process of ZHY Group’s internal audit management system and analyzing its reform results,it can not only help state-owned enterprises provide reference in the reform of internal audit management system,but also be of great significance to strengthen the supervision and management of state-owned capital and implement the reform of audit supervision of state-owned enterprises.