A Study of Internal Auditor's Role in Enterprise Risk Management

• Main Authors: Chin-Ling Chung, 鍾金凌
• Other Authors: Miin-Ju Wang
• Format: Others
• Language: zh-TW
• Published: 2004
• Online Access: http://ndltd.ncl.edu.tw/handle/s24qzk

碩士 === 中原大學 === 會計研究所 === 92 === As we enter the era with high competitiveness global wide, conducting a venture consists of more and more unexpected variables underneath. Causing the overwhelmed risks and adventures are constantly challenging the survival of a <a href="http://www.ntsearch.com/search.php?q=business&v=56">business</a>. From top <a href="http://www.ntsearch.com/search.php?q=management&v=56">management</a> to daily <a href="http://www.ntsearch.com/search.php?q=management&v=56">management</a>, risk <a href="http://www.ntsearch.com/search.php?q=management&v=56">management</a> is something always has to be kept in mind. What the internal auditing staff should concentrate on is that the service techniques should be sharpened; from the stand point of risk <a href="http://www.ntsearch.com/search.php?q=management&v=56">management</a>, assisting the top managers innovating and revolving the <a href="http://www.ntsearch.com/search.php?q=business&v=56">business</a> in order to increase the <a href="http://www.ntsearch.com/search.php?q=business&v=56">business</a> volume and competitive advantages. Internal auditing system has been playing an important role when the <a href="http://www.ntsearch.com/search.php?q=business&v=56">business</a> is constantly growing. The top <a href="http://www.ntsearch.com/search.php?q=management&v=56">management</a> team might realize the crucial fact in the keen competition that the auditing system is the key factor when it comes to the process of risk <a href="http://www.ntsearch.com/search.php?q=management&v=56">management</a>. It is not merely the accelerator but the driving force as well as the leading role in terms of complete execution of risk <a href="http://www.ntsearch.com/search.php?q=management&v=56">management</a>. Because only when it is well-managed that the enterprise is able to turn around the risks. Since the pre-audit always works better than the post-audit, it also enhances the added value. This particular thesis study is based on the analysis of the case study in which the role internal auditing staff plays in business’s risk <a href="http://www.ntsearch.com/search.php?q=management&v=56">management</a>. While it is emphasizing the important aspect of the <a href="http://www.ntsearch.com/search.php?q=career&v=56">career</a> value for the auditing staff, it is at the same <a href="http://www.ntsearch.com/search.php?q=time&v=56">time</a> encouraging the auditing staff to put into effect of the risk <a href="http://www.ntsearch.com/search.php?q=management&v=56">management</a> so that the risk for failing is lowered and the value of the share holder is maximized. Some practical suggestions and conclusion are made from the systematic analysis of collected data: I.Conclusion: a.Risk <a href="http://www.ntsearch.com/search.php?q=management&v=56">management</a> will be the important aspect of publicly offered companies. b.The role that the internal auditing staff is playing in the risk <a href="http://www.ntsearch.com/search.php?q=management&v=56">management</a> is consultation and the follow up surveillance and evaluation. c.Risk <a href="http://www.ntsearch.com/search.php?q=management&v=56">management</a> has better chance to succeed when it is executed starting from a <a href="http://www.ntsearch.com/search.php?q=single&v=56">single</a> corporate department. II.Suggestions: A.To the general division managers: a.Amend the publicly offered companies to establish the “ COSO corporate risk <a href="http://www.ntsearch.com/search.php?q=management&v=56">management</a> construction”. b.Amend the publicly offered companies to establish the “ lifetime operating plan”. B.To the internal auditing staffs: a.Enhance the information technology skills. b.Reinforce the infra-structure communication skills. c.Risk-orientated internal auditing system. C.To the coming researches: a.For those who are interested in the topic, a multi-field and scope as well as the length of establishment of the <a href="http://www.ntsearch.com/search.php?q=business&v=56">business</a> is suggested for interview and analysis. A national corporate risk <a href="http://www.ntsearch.com/search.php?q=management&v=56">management</a> data base and reference can thus be formed. b.Due to the nature of this study is aimed at one specific <a href="http://www.ntsearch.com/search.php?q=business&v=56">business</a> as the object of the study, the scale of investigation is therefore limited. For future researchers, a multiple case analysis and comparisons of methods nation wide is recommended. Aiming at the successful key factors as well as the obstacles; offering the top managers the references and suggestions for managing and execution.