What is internal audit?

Internal audit is a discipline that studies and expounds the basic principles, methods and contents of internal audit.

Internal audit is a discipline that studies and expounds the basic principles, methods and contents of internal audit.

The contents of internal audit research include:

1, the concept, nature, characteristics, functions and functions of internal audit.

2. The emergence and development history of internal audit.

3. Principles or standards of internal audit.

4. Establishment and staffing of internal audit institutions.

5. Internal audit procedures and methods.

Internal audit is an audit activity in which audit institutions and auditors are established within departments and units to audit the financial revenues and expenditures, economic activities and economic benefits of departments and units.

The role of internal audit:

1, prevention and protection.

Through on-site supervision of the accounting department, internal audit institutions help strengthen the internal management control system of the unit, find problems in time, correct mistakes, plug management loopholes, reduce losses, protect the safety and integrity of assets, and improve the authenticity and reliability of accounting data.

2. Service promotion.

As a functional department within the enterprise, the internal audit institution is familiar with the production and business activities of the enterprise and has convenient work. Therefore, internal audit can play an active role in improving management, tapping potential, reducing production costs and improving economic benefits.

3. Evaluate the role of authentication.

Internal audit is based on the need of entrusted economic responsibility and the product of decentralized management system. With the expansion of enterprise units and the increase of management level, the assessment and evaluation of operating performance of various departments is an indispensable part of modern management. Through internal audit, we can make objective and fair audit conclusions and opinions on the activities of various departments, and play a role in evaluation and verification.