Under the basic framework of modern enterprise system, strengthening internal audit can promote the formation of up-and-down communication and left-and-right coordination within the enterprise, ensure the authenticity and integrity of information disclosure, and protect the rights and interests of all stakeholders from infringement to the maximum extent.
From the practical work, giving full play to the supervisory role of internal audit is an effective means to improve the management level of the company. First of all, the internal audit starts with evaluating the internal control system of each department, looking for loopholes in production, procurement, sales, financial accounting, human resources and other fields, and identifying and preventing risks; Secondly, internal audit effectively ensures the efficient and orderly operation of enterprise production and operation and prevents operational risks; Thirdly, internal audit is conducive to improving the company's internal control mechanism and plugging management loopholes.
Vulnerabilities, promote the improvement of management level, and ensure the standardization of company management. Internal audit supervises and evaluates the company's financial situation and business activities, finds the weak points and blind spots of internal control, finds the loopholes in management and puts forward improvement measures, which has high authority and independence in the corporate governance structure. Internal audit is an important part of enterprise internal control. It is a control layer independent of specific operation and management. Evaluate the adequacy and potential risks of internal control in specific management departments, put forward audit suggestions, and reduce the risks caused by internal control failure. At the same time, internal audit also helps enterprises to create a "soft control" environment, and is a consultant for internal control process design.
Second, the main measures to play the role of value-added audit in corporate governance environment
(A) the transformation of internal audit functions
In the process of function transformation, internal auditors should run through the whole process of internal audit, promote enterprises to constantly improve their self-restraint mechanism, and give full play to the role of internal audit in company management and corporate governance in order to better meet the needs of market economy. Auditors should confirm the soundness and effectiveness of internal control, actively ensure that control measures establish effective control points in key positions, evaluate the feasibility of plans, decisions and schemes of units, evaluate the efficiency of economic activities of enterprises, find out gaps, reveal contradictions, study measures, analyze reasons, and finally make suggestions.
(B) expanding the service areas of internal audit
Risk runs through functional departments and the whole organization, and risk management
The audit should include the review of the appropriateness and effectiveness of risk response measures, as well as the review of risk identification, risk management mechanism and risk assessment method. Therefore, internal audit must review and evaluate the risk management of functional departments and the overall risk management of the organization. Specifically, auditors should track the management's handling of risks and expected results, so that internal audit can increase the value of enterprises by avoiding risks from every link of the enterprise value chain. Internal auditors should analyze the risk types of enterprises and evaluate the risk size from the perspective of enterprise value chain and even the whole industrial value chain, and give reasonable treatment opinions and countermeasures.
(c) Improving audit quality and efficiency.
The value-added audit of enterprises is generally standardized and referenced through internal control evaluation manual, control self-evaluation manual, auditor skill matrix, audit quality assurance questionnaire and discussion guide.
Only by strengthening monitoring can we effectively improve the quality of internal audit and add value to enterprises. Audit quality runs through the whole process of audit work. The internal audit department of an enterprise needs to improve the quality management from the following two aspects: first, establish an audit responsibility investigation system within the enterprise to investigate the responsibility of auditors who violate the audit professional ethics, audit work system and include major work faults or seek illegitimate interests during the audit process; Secondly, establish the internal audit quality control system, implement the internal audit project responsibility system, stipulate the relevant responsibilities of the person in charge of the specific project and the presiding judge, and check and evaluate the value created or added by the audit project.
Only by constantly improving the quality and efficiency of audit work and standing at the height of corporate governance can internal audit play its effective role better and finally establish its due position.
(D) the rational integration and allocation of internal audit resources
The use of existing resources by the internal audit department should take into account the resources of other functional departments and even the whole enterprise, and should not be limited to this department. Because all resources in the enterprise can be used as internal audit services, so as to make full use of resources in the end. Reasonable application of the existing resources of enterprises to internal audit activities can not only help internal audit to put forward more practical suggestions and improve the efficiency and effect of internal audit, but also help to reduce the consumption of overall resources of enterprises and save costs for enterprises. For example, in order to better evaluate the project risk, we can put forward more operable opinions in the consulting service. When auditing specific projects, you can hire professionals from relevant departments to guide technical problems that internal auditors are not proficient in, or you can hire network technicians from enterprises to help solve problems encountered in computer auditing. The utilization of resources by modern internal audit is no longer limited to internal departments, but extends to other departments, the whole enterprise and even the outside of the enterprise. Only by reasonably integrating and allocating all available resources can we give full play to the value-added function of internal audit.
To give full play to the value-added function of internal audit in corporate governance environment, we must constantly innovate internal audit methods and strive to improve the quality of auditors to meet the requirements of industry development. For enterprises themselves, we should speed up the transformation of internal audit.
Planning functions, and focusing on improving the status of internal audit, expanding the service field of internal audit to corporate governance audit, strategic audit and other aspects, only in this way can it be conducive to the long-term development of enterprises.