The importance of internal audit

Internal audit is the audit supervision system is an important part of its role in no way inferior to
the external audit found that shocked the world premier hero "WorldCom" scandal is usually
not well-profile corporate internal audit staff, which further raises it concerns the internal audit,
how to strengthen the role of the internal audit function, strengthen internal control and risk
Problems audit audit rectification rectification proposal refers to the audited entity audit agency
audit in accordance with the decision made by law or proposed to correct and improve the
process of their illegal problems. It includes two aspects, one of the audited entity to perform
the audit agency audit decision making behavior, the second is based on the views of the
audited entity audit report, to take corrective measures to improve the management level of
behavior. In recent years, as companies continue to strengthen the internal control system, the
audit found that the rectification of the problem has made some achievements, to strengthen
internal control, enterprise risk prevention has played a positive role. But there are still some
companies turn a blind eye to the problems found in the audit, rectification ineffective. There is
uneven development audit rectification rectification superficial, operating unscientific
phenomenon. 1. uneven development. Audit of the audited entity to reform efforts of different
opinions, different results. When a profound understanding of the principal leaders of the
audited entity audit connotation, the audit as to help the enterprises to improve the internal
management tools, they will audit found the problem very seriously, as many leaders of our
Group companies, and for each audit report received will hold a special meeting to study the
implementation of corrective measures. There are a number of the audited entity to achieve
immediate rectification, as we have for the group's internal audit of a company, the financial
documents found that the company had a lot of typos, after investigation, because a review of
basic documents without trial credentials to cover the audit chapter, vouchers review useless.
To this end the company had no immediate responsibility of replacing the reviewer.