Research On Internal Audit Performance Evaluation Of A High-tech Company Based On Balanced Scorecard

With the rapid development of social economy and the continuous innovation and change of new technologies,the industry environment in which the company is located is increasingly complex and changeable,and the strategic risks,operational risks and financial risks brought by it will affect the long-term development of the company in the future.As an important organic part of corporate governance,the requirements for the traditional functions,scope,technology and work competence of internal audit can no longer meet the new objectives and new requirements of current corporate governance.As an internal supervision and management activity,internal audit needs to play its confirmation and consulting functions in the new era,comprehensively evaluate and improve the performance of existing entrusted responsibilities by using new technologies and new methods,serve the company’s stakeholders and increase organizational value.Regular performance evaluation of the internal audit department is helpful for the evaluation subject to understand the performance of the audit department in a period of time.However,it is difficult to objectively and accurately measure the performance of internal audit by the previous performance evaluation methods and systems,and then it is difficult to optimize and adjust the current audit work.Therefore,enterprises need to build a reasonable internal audit performance evaluation system and implement it,assess the current situation of internal audit and find out the existing problems,and constantly optimize and improve the existing internal audit work.After combing and summarizing the relevant literature and theories of internal audit performance evaluation,this paper chosed A high-tech enterprise as a research case to dissect.After many visits to the company for research and practice and communication with audit department manager,the paper analyzed the present situation of internal audit and its evaluation system,discovered that the company’s internal audit performance evaluation system existed shortcomings such as single participants in performance evaluation and incomplete evaluation content,and analyzed causes of this situation.After introducing the feasibility of the introduction of the balanced scorecard and the construction principles of the performance evaluation system,referring to the classic literature on the internal audit performance evaluation in the past,a new set of internal audit performance evaluation system is established from four dimensions(a total of 18 indicators),and the weights and specific scores of each indicator are determined by using the analytic hierarchy process and expert scoring method,and finally calculated the performance score of the internal audit activity,and analyzed the concrete evaluation results of each dimension and indicator.In a bid to enhance the performance of the internal audit department of A high-tech enterprise,this paper proposed to the A high-tech enterprise to increase the use of modern audit technology,attach importance to the translation and utilization of audit results,improve the comprehensive quality of auditors,set up an effective communication mechanism and obtain support from the board and management,hoping to provide reference for A high-tech enterprise to improve the internal audit work and optimize the performance evaluation system.