Accounting Dissertation

impact of internal audit on corporate governance

10000 words

Part 1  History and introduction of internal audit

Part 2 The role of internal audit in corporate governance structure: risk management, internal control, building an ethical culture

Part 3  internal audit information disclosed by listed companies

Part 4 How to give full play to the role of internal audit in the corporate governance structure

Part 5  Conclusion and recommend

JIAQI WANG 51988642

Working title: impact of internal audit on corporate governance

Research aims:Internal audit uses systematic and standardized methods to assess and improve the effectiveness of risk management, control and governance processes, helping companies add value and improve their operations.In accordance with its mission, internal audit provides management with information, assessments, recommendations and consultations on the activities inspected and other important issues.

Theoretical aims: The internal audit work of an enterprise is an important guarantee for its scientific operation, efficient production and optimized management, and it is one of the important ways to enhance the overall competitiveness and market share of the enterprise.

Practical aims:Based on the complex and ever-changing market environment and the increasingly diversified consumer needs, companies must grasp the element of internal auditing in order to better apply the highly competitive modern market. The internal audit work helps enterprises to establish a perfect long-term scientific monitoring and governance mechanism, enhance the internal resource allocation benefits, and maximize their own economic benefits.

Background of the research issue: Against the background of increased industry supervision, the construction of internal audit has gradually improved. Internal audit supervise various systems and the implementation of plans to provide a basis for company leaders to make business decisions. As a key factor for internal control, internal audit is an integral part of the corporate governance structure. Internal audit plays a role in the process of enterprise risk management, internal control and the establishment of an ethical culture. A global report from the Institute of Charted Certified Accountants called Climbing Out of the Credit Crunch examines five major aspects of corporate governance: corporate governance, compensation and rewards, risk identification and management, accounting and financial reporting, and corporate governance. ACCA believes that the root cause of the credit crisis is the failure of banks in corporate governance, resulting in too short-sightedness and blindness to risk.The internal audit test evaluates the soundness, compliance and scientificity of the internal control system. The role of internal audit in the recommendation and evaluation of ethical culture. Internal audit which is an important part of corporate governance structure has become a topic of concern.

Methodology and methods:

analysis research annual report literature supports

Proposed structure of the dissertation

Part 1 History and introduction of internal audit

Part 2 The role of internal audit in corporate governance structure:risk management, internal control, building an ethical culture

Part 3 internal audit information disclosed by listed companies

Part 4 How to give full play to the role of internal audit in corporate governance structure

Part 5 Conclusion and recommendation

Work plan

15th June – 13th July collect information Literature review

14th July – 10th August writing

11th August – 23th August modification

References

Enriques L, Volpin P. Corporate governance reforms in continental Europe[J]. Journal of economic perspectives, 2007, 21(1): 117-140.

Hall J. Internal Auditing and ERM: Fitting in and Adding Value[J]. Research Foundation, The Institute of Internal Auditors, 2007.

Chambers A D, Odar M. A new vision for internal audit[J]. Managerial Auditing Journal, 2015.

Agordotse F. Corporate Governance and Internal Audit: A Case Study of MMDAs in Volta Region of Ghana[D]. University of Ghana, 2019.

Vadasi C, Bekiaris M, Andrikopoulos A. Corporate governance and internal audit: an institutional theory perspective[J]. Corporate Governance: The International Journal of Business in Society, 2019.

Mihret D G, Grant B. The role of internal auditing in corporate governance: a Foucauldian analysis[J]. Accounting, Auditing & Accountability Journal, 2017.

Tang L W. An empirical study of the effectiveness of internal control over financial reporting: the effect of audit committee quality and participation in IT governance[D]. City University of Hong Kong, 2011.

Li-ming Z H U. Study of Internal Control Questions Based on Risk Management[J]. Logistics Engineering and Management, 2014 (9): 74.

Tackie G, Marfo-Yiadom E, Oduro Achina S. Determinants of internal audit effectiveness in decentralized local government administrative systems[J].

International Journal of Business and Management, 2016, 11(11): 184.

Solver M. Corporate Governance Role of Auditors Sample Assignment[J].

A few extra references to look for.

ation