Research On Internal Audit Problems And Countermeasures Of K Company’s Engineering Projects

With the rapid development of China’s national economy,China has invested a large amount of funds in infrastructure.Strengthening the management of engineering projects and effectively preventing and controlling them has become an urgent task.For construction enterprises,internal audit is a good way of internal supervision,which can strengthen the management of construction enterprises,prevent risks,and improve business performance.However,due to the lack of experience in internal audit practice,some enterprises have encountered some problems when carrying out internal audit work.In the rapidly developing urban environment,the transportation mode of cities has gradually shifted from being a ground hub to being mainly underground.In this process,the development of rail transportation has also received increasing attention from people.The development of rail plays a very significant role in improving the transportation conditions between cities.K Company holds a pivotal position in the domestic urban rail construction industry.With the gradual increase of overall construction projects and the increasing demand for information automation and intelligent transmission,K Company’s business sector is rapidly expanding.Therefore,whether its internal audit of engineering projects can effectively play its role has become increasingly crucial for the public and the company itself.Due to the slow update of K Company’s internal audit management measures,although certain results have been achieved,the construction and internal audit of engineering projects with strong concealment,long construction periods,and complex construction conditions are influenced by more unstable factors.Due to the failure of the internal audit in the mid-term of the project to accurately reflect the problems in the project,the project was not rectified in a timely manner in the later stage.In previous years,there were overall delays in completion and some sections of the project did not meet the quality standards,which had a certain impact on the economic benefits of K Company and was not conducive to its sustainable and healthy development.At present,K Company has insufficient audit control over the entire construction process and has not been able to effectively perform its internal audit supervision function.Therefore,it is necessary to improve its work quality and execution effectiveness.On this basis,this article introduces the power supply project of Line 2 of L City Rail Transit.Based on the theory of entrusted responsibility,system theory,engineering project management theory,and PDCA cycle theory,case study,literature analysis,and interview methods are used to understand the current situation of internal audit of K Company’s engineering projects.The internal audit of engineering projects is analyzed in the planning,implementation,reporting,and rectification stages,respectively,Identify the problems that arise during the work,and combine them with PDCA theory to provide countermeasures and suggestions for improving the internal audit of K company’s engineering projects.Point out the direction for improvement,thereby improving the quality of internal audit and leveraging the advisory and supervisory role of internal audit in corporate governance.Through this research on internal audit of engineering projects,we aim to contribute to the future development of K company,It also provides reference for the internal audit work of similar enterprises.