Internal audit report is the main way for internal managers to understand internal risks, loopholes and improvement space. It can help companies reduce risks and identify high-risk areas, such as financial fraud, internal control defects and violations of laws and regulations. In addition, internal audit reports can also improve operational efficiency and processes, and discover and improve irregular behaviors and ways of doing things. This is very important for the long-term growth of enterprises and the maintenance of corporate reputation.
The internal audit report shall include an overview of the overall situation of the enterprise, the project to be audited and the scope of the audit, the date of the audit, the purpose and basis of the audit, the departments and personnel involved in the audit, the audit methods and procedures, the existing problems and suggested solutions, the risk assessment, the opinions, suggestions and action plans of auditors and leaders, etc. Among them, the existing problems and suggested solutions are the focus and core of the internal audit report, and also an important reference for enterprise leaders to make decisions. The internal audit report must also comply with relevant laws and regulations, clarify audit criteria and standards, and ensure the trace and integrity of the audit.