Dissertation > Economic > Industrial economy > China Industrial Economy > Industrial sector economy

The Research on Improving the Internal Audit System in Midea Group

Author ZengQiao
Tutor WangShanPing
School Hunan University
Course MPAcc
Keywords Midea Group Private enterprises Internal Control Internal audit system
CLC F426.6
Type Master's thesis
Year 2008
Downloads 201
Quotes 0
Download Dissertation

After the high-speed development since the reform and opening up , China 's private enterprises generally faced with subsequent sluggish growth , with multinational companies compete head-to-head situation can not be private enterprise management , decision-making , supervision is still dependent on the founder , deterioration in the external environment , internal control risk case of swelling , how to ensure the company's long-term stability , and growing competition in the market in each private enterprises need to solve the problem . From the angle of internal control , to clarify the development of private enterprises to a certain size must rationalize the corporate governance structure , and establish a sound internal control mechanism , and internal audit governance as an important internal control construction work . This article in-depth analysis of the Group 's internal audit system of the United States and two private enterprises Lenovo, Huawei , found Midea Group's internal audit system existing organizational system dispersed , auditor independence is not strong, the lack of auditing business planning , the audit team quality is not high enough, backward technology audit , this audit system will not be able to support the United States Group sales volume in 2010 reached 100 billion , the transformation of the development needs of the Group to the financial control management model . To solve these problems , this paper proposes a feasible solutions within 2-3 years . \output management services . Specific measures to improve the independence of the internal audit organization , to strengthen the professional capacity of the internal audit staff , audit project of developing the annual audit plan to determine on the basis of risk assessment , development of internal auditing standards, processes and norms , improve existing internal audit operations . Group internal audit work in the results of this study can be directly applied to the United States , have a certain theoretical value and practical operation of practical significance.

Related Dissertations
More Dissertations