The Enterprise Risk Management and the Risk Oriented Internal Audit

Abstract

With the development of the economic globalization, the risks that enterprises faced are increasing. In order to cope with the risks, the enterprise risk management requires the internal audit. As an important part of the internal control, the risk oriented internal audit emerges to monitor the process of the enterprise risk management. So enterprises can control and evaluate the risks more and more suitable. The research focused on the importance of the risk oriented internal audit, and also studied the status of our risk oriented audit, then the research proposed some strategies and suggestions to promote the application of the risk oriented internal audit so as to ensure the effectiveness of the enterprise risk management.

Share and Cite:

Liu, J. (2012) The Enterprise Risk Management and the Risk Oriented Internal Audit. iBusiness, 4, 287-292. doi: 10.4236/ib.2012.43036.

Conflicts of Interest

The authors declare no conflicts of interest.

References

[1] G. Sarens, I. De Beelde and P. Everaert, “Internal Audit: A Comfort Provider to the Audit Committee,” The British Accounting Review, Vol. 41, No. 2, 2009, pp. 90-106. doi:10.1016/j.bar.2009.02.002
[2] G. Bartsiotas, “An ExPanding Role,” Internal Auditor, Vol. 2, No. 4, 2008, pp. 86-91.
[3] J. Liu, “The New Pattern of Internal Audit—Risk Oriented Internal Audit,” Finance and Accounting Monthly, Vol. 3, No. 8, 2006, pp. 77-79.
[4] R. Yang and M. Diao, “The Enterprise Risk Management and the Risk Oriented Internal Audit,” Finance and Accounting Monthly, Vol. 12, No. 36, 2008, pp. 52-54.
[5] X. C. Li, W. H. Gao and Y. P. Li, “The Research on the Application of the Risk Oriented Internal Audit in Our Country,” Accounting Communications, Vol. 4, No. 12, 2011, pp. 98-100.
[6] H. X. Yang and R. Fu, “The Research on the Risk Oriented Internal Audit Literature Review,” Accounting Communications, Vol. 7, No. 21, 2009, pp. 73-89.

Copyright © 2024 by authors and Scientific Research Publishing Inc.

Creative Commons License

This work and the related PDF file are licensed under a Creative Commons Attribution 4.0 International License.