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On the role of internal audit in enterprise risk management in China
At present, more and more countries in the world attach importance to risk management, which is being widely promoted. Through risk management, enterprises can reduce the risk loss to the minimum with the minimum cost and realize the maximum security. Risk management can improve the production capacity of enterprises, ensure the smooth progress of their production and business activities, and achieve the business objectives of enterprises. Specifically, risk management is of great significance to enterprises in the following four aspects.

1. Risk management can ensure the smooth realization of enterprise goals.

Any enterprise puts profit first, and the implementation of risk management can make the profit of the enterprise be established on a more stable basis. The implementation of risk management can promote enterprises to increase revenue and reduce expenditure, reduce the risk of enterprises to a minimum, and make losses timely and reasonable.

Get economic compensation, thus directly or indirectly reducing the expenses of enterprises. All these mean that the enterprise has increased profits, thus ensuring the realization of the primary business objectives of the enterprise.

2. Risk management can provide a safe production and operation environment for enterprises.

Because it provides all kinds of measures for the employees of the enterprise to ensure their safety, thus eliminating the sense of superiority of the enterprise and employees, making them devote themselves to the production and business activities and ensuring the normal conduct of the activities.

3. Risk management can promote the improvement of enterprise efficiency.

Risk management is a bone management method to achieve maximum safety at the lowest cost. Allocate all kinds of expenses related to dealing with pure risks to products and services reasonably, and reduce the deduction of expenses from profits, thus indirectly improving operating efficiency. Besides, the wind

Insurance management requires all functional departments of enterprises to improve their management efficiency and reduce risk losses, which also promotes the improvement of enterprise management efficiency.

4. Risk management can promote scientific decision-making of enterprises and reduce decision-making risks.

Risk management uses scientific and systematic methods to manage and deal with various risks, which is helpful for enterprises to reduce and eliminate production risks, business risks and decision-making mistakes. This is of great significance to the scientific decision-making and normal production of enterprises.