Article 2 Internal audit is an act of independently supervising and evaluating the truthfulness, legality and benefits of financial revenue and expenditure, financial revenue and expenditure and economic activities of this unit and its subordinate units, so as to promote the strengthening of economic management and the realization of economic goals.
Article 3 State organs, financial institutions, enterprises, institutions, social organizations and other units shall, in accordance with the relevant provisions of the state, establish and improve the internal audit system.
Units that set up internal audit institutions in accordance with laws and administrative regulations must set up independent internal audit institutions.
Units that do not explicitly provide for the establishment of internal audit institutions in laws and administrative regulations may set up internal audit institutions with internal auditors as needed.
If a state organ needs internal audit work and does not have the conditions and staffing for establishing an independent internal audit institution, it may authorize its internal organs to perform internal audit duties.
Units that set up internal audit institutions may set up audit committees and chief auditors as needed.
Article 4 An internal audit institution shall carry out its work under the leadership of its own unit or the principal responsible person of its own organ.
Article 5 The internal auditors shall implement the post qualification and follow-up education system, which shall be supported and guaranteed by the unit.
Article 6 The principal responsible person or authority of a unit shall protect the internal auditors from performing their duties according to law, and no unit or individual may take revenge.
Article 7 When handling audit matters, internal auditors shall strictly abide by the professional norms of internal auditing, be loyal to their duties, be independent, objective, fair and confidential.
Eighth internal audit institutions to perform their duties required funds, should be included in the financial budget, to be guaranteed by the unit.
Article 9 An internal audit institution shall perform the following duties according to the requirements of the principal responsible person of the unit or the authority:
(a) audit the financial revenue and expenditure, financial revenue and expenditure and related economic activities of this unit and its subordinate units (including units with holding or leading positions, the same below);
(two) to audit the management and use of the budgetary and extrabudgetary funds of the unit and its subordinate units;
(three) to audit the term economic responsibility of the internal institutions of the unit and its subordinate units;
(four) to audit the fixed assets investment projects of the unit and its subordinate units;
(five) to review the soundness and effectiveness of the internal control system and risk management of the unit and its subordinate units;
(six) to audit the economic management and benefits of this unit and its subordinate units;
(seven) laws and regulations and other audit matters required by the main person in charge of the unit or the authority.