%0 Journal Article
%T On the Role of Internal Audit in Corporate Governance
%A Jianjun Zou
%J American Journal of Industrial and Business Management
%P 63-71
%@ 2164-5175
%D 2019
%I Scientific Research Publishing
%R 10.4236/ajibm.2019.91005
%X As the
economy develops faster and faster, the role of internal audit in the company
becomes more and more important, especially for corporate governance. The trend
of globalization has intensified, and trade between countries is dense. It
brings economic benefits to enterprises while increasing risks. In order to
survive and develop, companies must face more challenges. On the one hand, the
company must increase investment in internal governance management, and
establish institutions such as shareholder meeting, board of directors,
managerial level and board of supervisors, and the corporate governance structure
is gradually standardized. On the other hand, the company¡¯s strengthening of
internal audit can not only improve the company¡¯s operating conditions, but
also timely discover problems within the company and effectively control them.</span></span><span><span><span style=\"font-family:&quot;\"> </span></span></span><span style=\"font-family:Verdana;\"><span style=\"font-family:Verdana;\"><span style=\"font-family:Verdana;\">However, compared with
other advanced countries in China, the internal audit system was established
late, so the units have different experiences in learning from foreign
countries, which leads to many problems in the establishment of internal audit
institutions in China, and many companies do not pay attention to internal
audit. Therefore, it is necessary for us to conduct in-depth research on this.
%K Internal Audit
%K Corporate Governance
%U http://www.scirp.org/journal/PaperInformation.aspx?PaperID=89782