Internal Audit in Enterprises: Theoretical Reflections from an Administrative Management Perspective

Author: Liu Shi
Publisher:
Publish Date: 2005-02-01
Features: This book adopts a unique research approach—starting from fundamental management theories and comprehensively applying scientific methods such as empirical and normative research—to examine the historical development and latest practices of internal auditing in domestic and international enterprises. It offers original insights into the motivations and development patterns of corporate internal auditing, its essence, functions, objectives and goals, elements, classifications, audit activities and related services, as well as the assumptions, principles, norms, quality management, models, and development trends of corporate internal auditing. The book emphasizes that corporate internal auditing is a subsystem of the corporate management system, with its essence being a control mechanism for the board of directors and audit committee, as well as the top management authorities. Its purpose is to promote and assist trustees in effectively fulfilling their entrusted management responsibilities, while its role is to reduce agency costs, improve management performance, and enhance corporate value. This book is a summary of the author's theoretical reflections on auditing work over the past two decades and is suitable for readers in management, auditing theory and practice, as well as faculty and students of universities and colleges.