2005•Journal of North China Electric Power UniversityRequires access

How to Enhance the Quality of Internal Auditing —From the View of Risk in Internal Auditing

Liu Min

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Abstract

Internal auditing, as a system of management and supervision in corporation interior, is an inherent requiremem for enterprises to establish and consummate corporate governance structure. Thus, completely enhancing the quality of auditing is a key task, when internal auditing steps into a new seedtime. Auditing risk is a jumping-off point, at which internal auditing is about to develop. As a result, the enterprise should take effective precautions and control measures, no other than at the foundation of analyzing the cause of risks, so as to indeed exert the important role internal auditing plays.Accordingly,the quality of internal auditing will be ensured primarily.

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What this paper is about

Internal auditing, as a system of management and supervision in corporation interior, is an inherent requiremem for enterprises to establish and consummate corporate governance structure. Thus, completely enhancing the quality of auditing is a key task, when internal auditing steps into a new seedtime. Auditing risk is a jumping-off point, at which internal auditing is about to develop. As a result, the enterprise should take effective precautions and control measures, no other than at the foundation of analyzing the cause of risks, so as to indeed exert the important role internal auditing plays.Accordingly,the quality of internal auditing will be ensured primarily.

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Available abstract

Internal auditing, as a system of management and supervision in corporation interior, is an inherent requiremem for enterprises to establish and consummate corporate governance structure. Thus, completely enhancing the quality of auditing is a key task, when internal auditing steps into a new seedtime. Auditing risk is a jumping-off point, at which internal auditing is about to develop. As a result, the enterprise should take effective precautions and control measures, no other than at the foundation of analyzing the cause of risks, so as to indeed exert the important role internal auditing plays.Accordingly,the quality of internal auditing will be ensured primarily.

Key concepts: Internal audit, Internal control, Operational auditing, Audit, Business, Accounting, Corporation, Corporate governance

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