Internal Audit in Private Enterprises from the Perspective of Corporate Governance
Fei Zhong-xin
Abstract
Fei Zhong-xin
Abstract
As the primary means for realization of internal controls,the internal audit is an integral part for corporate governance.It's necessary for private enterprises to understand correctly and handle the relationship between the internal audit and corporate governance,strengthening the impact of internal audit function on the quality of corporate governance.Based on the requirements of corporate governance in private enterprises,such measures should be taken to improve the internal audit as,building up internal audit institutions in a scientific and reasonable way,the establishment of normalized internal audit system,expanding the internal audit functions and areas,etc.
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As the primary means for realization of internal controls,the internal audit is an integral part for corporate governance.It's necessary for private enterprises to understand correctly and handle the relationship between the internal audit and corporate governance,strengthening the impact of internal audit function on the quality of corporate governance.Based on the requirements of corporate governance in private enterprises,such measures should be taken to improve the internal audit as,building up internal audit institutions in a scientific and reasonable way,the establishment of normalized internal audit system,expanding the internal audit functions and areas,etc.
Key concepts: Internal audit, Business, Accounting, Control environment, Corporate governance, Information technology audit, Joint audit, Audit