On Improving the Internal Audit Quality of Small and Medium-sized Enterprises

  • Hongbo Wang Nanyang Institute of Technology FanLi School of Business
Article ID: 952
299 Views, 15 PDF Downloads
Keywords: Internal Audit, Audit Policy, Audit System, Audit Efficiency

Abstract

With the progress of economic and social development, SMEs(Small and Medium-sized Enterprises) have come into being. A large number of entrepreneurs have devoted themselves to future emerging markets. Finance, as a core function in the operation of each enterprise, not only provides decision-making information for enterprise managers, but also undertakes the major mission of mastering the rise and fall of enterprises. The financial system under the company's overall system and the audit activities that playing the role of supervision before, during, and after the financial activities are influencing factors of the internal audit quality of the enterprise. This article analyzes how to improve the internal audit quality of an enterprise from three aspects: whether the audit system is well-constructed, the independence requirements of the internal audit system, and the audit assessment control.

References

[1] Zhang Z. Research on optimizing the internal control measures of accounting in scientific institutions. Western Finance and Accounting 2017; (5): 35-36.

[2] Rao S. On some issues that enterprises should solve to strengthen internal audit. Financial Management 2016; (4): 138- 139.

Published
2020-07-22
How to Cite
Wang, H. (2020). On Improving the Internal Audit Quality of Small and Medium-sized Enterprises. Lifelong Education, 9(4), 177-179. https://doi.org/10.18282/le.v9i4.952
Section
Article