1 it has been a long time since the internal audit developed from business audit to business audit, so the strategic management of audit companies, such as long-term planning, priority arrangement, investment and decision-making, which affect the survival and development of the company, is indeed an important matter of company management.

Exhibition. The audit of corporate strategic management is the most concerned part of internal audit, and it is also the development direction of internal audit. Strategic management decision-making and strategic management are

Management function records the important and highest level. Internal audit should reflect its own value in company management and actively participate in high-level management activities.

Let's go

Internal audit; Corporate governance; Strategic management audit; Strategic management evaluation

First, the review of strategic management audit.

Internal audit is an important part of corporate governance in western developed countries.

On the one hand, it can maintain the checks and balances in the corporate governance structure and promote

Form a joint force of up and down communication and left and right coordination within the company; On the other hand, it can be confirmed that

Ensure the authenticity and accuracy of the company's information disclosure and protect shareholders to the maximum extent.

Equity. Therefore, all countries are considering how to establish an effective corporate governance structure.

, will involve the establishment of internal audit and its position in the corporate governance structure.

There's something wrong. Although there are different institutional settings in different countries around the world, internal audit

According to the different affiliation, it can be roughly divided into three categories: one is affiliated with the board of directors or

Audit Committee; The second category belongs to the president or general manager; There are three kinds of people who belong to God.

Vice president, deputy general manager or chief auditor in charge of finance. In terms of audit independence, there are

From the perspective of effectiveness, the higher the status of internal audit institutions, the better their supervision and control.

The more you can give full play to the functions of use and information feedback in time.

Many scholars have studied the strategic audit. He Weidong (1999)

Strategic audit is an important way for non-executive directors to participate in corporate governance. Vitex plants

Lei (20 (0)) studied the necessity, basic ideas, contents and matters needing attention of strategic audit.

The question of meaning; Han Xiaomei (2002) thinks that the transition from management audit to strategic audit is western.

One of the ten trends in the development of internal audit: Chen Lianghua et al. (2003) classified the company.

Management audit is divided into strategic management audit, management control audit and business audit.

Three different levels, and think that the evaluation focus of strategic management audit is the highest.

The relationship between the company and the business environment and the competitiveness of the company concerned by the management authorities

Title; Liao Hong and Chen Bo (2005) made a comparative analysis of various viewpoints.

This paper probes into the concept, development motivation and research perspective of strategic audit. The point of this article is

In terms of strategic management, we will begin to study strategic management audit.

Second, the development analysis of strategic management audit

The development of internal audit and the requirement of corporate governance have produced strategic management audit.

The position of strategic management audit in corporate governance The requirements of the analysis plan are as follows:

1978 NYSE formally requires that American listed companies must be limited.

During this period, an audit committee composed of independent directors should be established. 1999

New york Stock Exchange and Nasdaq revised the rules of independent directors, requiring all

The audit committee of American listed companies shall have at least three independent directors (responsible for auditing).

Two thirds of the members of the Committee). However, since the "Enron incident", a series of

The case of financial fraud in large companies makes people realize the harm of existing laws and regulations to independent directors.

The requirements are far from reaching the point where they can really play a role, so the NYSE

Higher requirements are put forward for independent directors, which not only require independent directors to possess a lot of things.

Most members, its audit committee, remuneration committee and mention.

Each committee must be composed of independent directors. More importantly, in order to avoid the CEO

The CEO manipulates the board of directors and holds regular meetings attended by people without management.

Board meetings to ensure that it is truly independent of management, and members of the audit Committee do not

You have to get paid in addition to the director's fee. At the same time, in order to prevent independent auditors from being bound

In terms of corporate management, the new corporate governance proposal of new york Stock Exchange stipulates that the audit committee should

Members will be responsible for hiring and dismissing independent auditors and formulating their business scope and scope.

Rong. In order to ensure the independence of the board of directors, it must be responsible to former employees or former independent auditors.

The directors of the company will implement a five-year cooling-off period.

On August 1 2002, new york Stock Exchange announced the adoption of corporate governance recommendations.

The revised new listing standards were accepted by the International Institute of Internal Auditors in July.

The proposal of 5438+ in June 2009 stipulates that all listed companies must set up internal audit institutions to

Improve the governance of listed companies. New york Stock Exchange made the above provisions to affirm that internal audit is

An indispensable part of effective corporate governance is the Sox Act signed immediately after Bush.

The last two days. In fact, the role of internal audit in corporate governance is unprecedented.

It has been recognized and valued by people, although since 194 1 established llA, it has been

Constantly determine the "code of conduct" and "code of ethics" and actively demonstrate internal audit.

In the company's internal control, risk prevention and other aspects of the role, but these big companies dance.

The disadvantages prove that the role of internal audit has not been played by people, especially the management and the board of directors.

Yes, it was not until WorldCom that people realized that the role of internal audit should not be underestimated. inside

The role of Ministry audit in corporate governance has been widely recognized and recognized by all walks of life in the United States.

Pay attention to the adoption of a series of measures and related bills to conduct internal audit among the public.

It provides an opportunity to play a role in corporate governance. The first is the US Securities and Exchange Commission.

Members will ask CEO and CFO to face investors in their own names.

Responsible for the authenticity and completeness of the information provided, which must rely on internal audit.

The right to check the authenticity and integrity of information shall be subject to the results of its work.

Provide personal guarantee for the authenticity of information. Second, the Sox Act requires that

Listed companies publicly disclose internal control reports, and internal control is not limited to accuracy.

Internal accounting control to ensure the authenticity of financial reports, including other types of internal.

Control mechanism. Public disclosure of internal control system and evaluation results is considered to be

Continue to protect shareholders and invest in public interests as powerful weapons. To ensure effective concealment

Lu, internal audit must continuously evaluate the adequacy and effectiveness of internal control.

Evaluate and report to the audit Committee. Because of the position of internal audit in corporate governance

Its unique position and continuous evaluation of internal control system can often be found in

Before the problem is really exposed, report to the audit Committee or the board of directors immediately if you find any signs.

Sue, in order to take timely measures to nip in the bud.

Professor Abe Shockman of Columbia University once pointed out that companies should

Strategic management audit should be conducted regularly to check the implementation of the company's strategic management.

And whether the strategic management framework is consistent with the company's strategic management plan. visible

Strategic management audit plays a very important role in corporate governance. A male

The company's strategic management determines the company's future, and effective strategic management supervision can

Find problems in advance and judge whether the company is effective and orderly.

Department governance. The role of strategic management audit mainly includes the following three aspects: 1.

What strategic management resources does a company have at different stages of development?

The company's strategic management conditions are different, so it needs to pass the "strategic management review"

Plan for regular confirmation, in order to keep the company's attention to the main factors affecting the company's development.

Sue is always concerned. Second, through the "strategic management audit", the company's middle and high-level

For the company's strategic management environment, strategic management conditions, strategic management situation, war

Maintain a unified and clear understanding of management opportunities and strategic management challenges to ensure that

Correctness of decision-making and implementation. Third, through the "strategic management audit",

Can make the company's middle and senior management grasp the company's strategic management resources and strategic management in time.

Information on the change of rational conditions, and information on strategic management of the company.

Rational Meaning Analysis —— Is it an Opportunity? Still a challenge? Actively take countermeasures.

Three. Objectives and contents of strategic management audit

It is not enough to rely solely on internal audit to carry out strategic management audit.

The audit strategic management system needs social audit. "strategy

"Management system risk audit mode" is not limited to the financial situation of the audited company.

Risk assessment, but through a broader perspective, from the source of the audit.

The dynamic system of the company, including the strategic management and selection of the audited company.

Economic strategy, audited companies and other stakeholders in the market economy (Gu

Customers, suppliers, investors, regulators) and possible threats.

Various possible reasons threatening the strategic management and economic strategy of the audited company.

Check the element. Adopting "strategic management system risk audit mode" is actually adopting

Using "top-down" audit strategy can ensure that certified public accountants can charge fees.

Understand the audited company and its industry to better serve the later period.

Audit of financial statements.

1. The first key of strategic management system audit is to analyze the audited companies.

Strategic management of the company. The strategic management of audit companies mainly includes external.

Analysis of competition, market share, product market and customer network, and these four

Audit and analysis can focus on a key issue. D of the company; D (research and development) strategic analysis. Because in order to build the core of the company

Core competitiveness, maintaining the company's lasting competitive advantage, especially high technology.

Technology companies are often actively engaged in research and development activities, which brings research and development.

A surge in spending. The existence of R & ampD expenditure can be regarded as the survival of the fittest.

In the market economy environment, the ability to respond to the external competition of other companies in the same industry

Strategy can also be regarded as the company's competition for market share, expansion and occupation of the product market.

An important measure to reach the highest point will eventually bring glory to the customer network.

It is an important intangible asset, profit growth point and value driver of the company.

Now many foreign companies have regarded the customer network as the most important thing for the company.

One of the intangible assets), to ensure the benign operation of the company.

2. The second key of strategic management system audit is the management of the company.

The main factors of environment and business environment (strategic management, core competence, human resources

Source and decision weight). The key to auditing this level is the company.

Audit of human resources, especially managers, because strategic management is the most

Because the key link is the strategic management of human resources in the company and it is made public.

The construction of the company's core competence must rely on the active participation of human resources, which is also positive.

What brings material is the intellectual input and correct decision-making of managers.

The growth of wealth. In the knowledge-based economy, human resources have become the most critical price for companies.

Value drivers, so we think that the audit of managers is strategic management.

The key of management system audit. In addition, measuring the human resources of the company's management is also measuring it.

On the basis of audit, the book value is determined by measuring it, and the audit results are compared

This will help to determine the market value of managers. This paper holds that managers

Personnel measurement should adopt a completely different measurement mode from production-oriented human resources.

Audit methods, namely option measurement and opportunity cost method, pay more attention to them at the same time.

Work execution and management ability in the face of crisis and opportunity.

3. The third key of strategic management system audit is management performance and finance.

Service persistence, resource allocation efficiency and internal control are the factors of company planning.

Audit. This paper holds that these four elements of audit can be summed up as follows.

Audit of the goodwill of the company. Because goodwill itself means excess.

Profitability means excellent management performance and good financial adaptability or resilience.

Sex, and higher than the average level of resource allocation efficiency in the same industry.

As a result, it is also a good internal control environment that brings the company's internal operating mechanism.

Savings from reduced friction.

4. In human resource management, the company R & amp；; D he company

On the basis of proper audit, pay attention to the audit environment of strategic management system.

The current performance of audit companies is the main problem. We believe that the traditional financial audit

Accounting is often just to audit financial performance, but ignores financial performance.

The interest factor of the latter. Who cares most about the company's financial performance? I'm afraid what I care about most is money.

Business performance or management or senior management. Why? Because the company

Financial performance is often directly related to the salary of senior management.

It is reasonable to think that certified public accountants should avoid auditing the financial performance of companies.

To avoid unnecessary audit litigation, we must first base ourselves on whether the management authorities exist.

The judgment of the motives of financial fraud and accounting fraud.

Four, the establishment of scientific strategic management evaluation index

Strategic management audit is an analysis and macro-analysis of the company's strategic management.

Environmental conditions, analyze industries (including competitors), and analyze internal resources and strategies.

Management ability. This paper briefly introduces two indexes to evaluate the strategic management activities of the company.

Mark:

1.EV (economic day ue^daed) is the economic added value, which means

The calculation formula of the difference between the company's net operating profit after tax and the capital cost.

For: EVA= total cost of capital in net operating profit after tax.

EVA is a performance appraisal based on the company's economic added value.

Mark. When Eva>o shows that company managers have created wealth for shareholders, she said

Ming managers should be rewarded for their good performance; On the contrary, when Eva

It shows that the managers of the company have lost the wealth of shareholders, indicating that the performance of managers is lower than that of shareholders.

Poor thing, should be punished.

Using EVA to evaluate the performance of company managers, we can judge that managers are

For the excess wealth created by the company, shareholders turned to the market.

(Continued from 3 1 page). At the same time, EVA is used to evaluate company management.

Performance can strengthen internal assessment and motivate managers and employees according to EVA.

Work, and can be used to evaluate the advantages and disadvantages of investment schemes.

2.MVA(MarketValueAdded) is the added value of market value, namely

Refers to the market value of all assets of the company and the capital invested by shareholders and creditors.

The calculation formula of the difference is: market value of assets under the new MVA agreement-assets.

Possession of. MVA refers to the performance appraisal based on the market value of assets.

Mark. The basic idea of measuring the company's performance with MVA is: only when the company's

When the production and operation activities can bring value added, the company's production and operation activities

Is successful and effective. Therefore, MVA can be used to evaluate company managers.

Business performance. When the company's MVA>；; 0, the company's production and operation activities are successful.

Effective, company managers should be rewarded, the greater the MvA value of the company,

The more effective the company's production and operation activities are. On the contrary, when the company's MVA

When the company's production and operation activities fail, the company manager should be punished.

Moreover, the smaller the MVA value of the company, the worse the effectiveness of the company's production and operation activities.

Using MVA to evaluate the performance of company managers can control company management.

Maximize the value of the company and force it to give up those who harm the public interest.

The company attaches importance to but is conducive to its own business activities, safeguarding shareholders' rights and interests and shares.

Dong's ideas have been well implemented. Evaluating the career of company managers with MVA

Performance is a comprehensive reflection of a series of financial indicators, and MVA is the company's return on capital.

Ratio, cost of capital, invested capital and the growth rate of several financial indicators.

Now

Five, about the conditions of China's listed companies to carry out strategic management audit.

Listed companies represent an advanced company model, the internal audit department.

How to define your position in the governance structure of listed companies and find your own position?

It is very important for the development of strategic management audit to target and give full play to its own advantages.

Yes

1. Establish an internal audit structure under the leadership of the Audit Committee to further

Improve the company's checks and balances mechanism. From the perspective of audit independence, the positioning of internal audit institutions

The higher the position, the better the control function of audit; From the perspective of effectiveness, internal audit

This department is directly led by the highest authority of the company's management, which is more convenient for internal audit.

The development of. 200 1 1 The China Securities Regulatory Commission issued the Guidelines for the Governance of Listed Companies.

Then, listed companies are required to establish an independent director system and set up an audit under the board of directors.

Committee, and some management functions of internal audit to the audit committee.

General meeting. The National Audit Office clearly pointed out that units that set up internal audit institutions can

Establish audit committees as needed. The establishment of the audit Committee will gradually become

Understanding of domestic companies.

2. Internal audit should provide control, consultation,

Assessment and service. As the internal audit department is the internal organization of listed companies, it should first

The principle to be followed is that the audit orientation should conform to the interests of shareholders and the company strategy.

Management objectives are consistent,' only in this way can we create a good internal audit ring.

Environment and development space, internal audit has changed from the simple concept of supervision in the past to

Pay more attention to strengthening management and achieving economic goals.

3. To carry out strategic management audit, human resources should be guaranteed. Modern Times

Company competition is talent competition, so is the internal functional departments of the company.

Here you are. Therefore, it is an internal audit war to develop and acquire sufficient and excellent human resources.

This paper briefly introduces the main measures that should be taken in the process of management implementation. Of course, internal audit

Employees should introduce and implement a systematic education and training mechanism. The educational mechanism should strive to

Ensure that internal auditors know and understand the external environment and internal culture of the company; cultivate

The training mechanism should be conducive to improving the professional qualifications of internal auditors.

On the basis of the above three items, listed companies in China can and should be established.

Strategic management audit committee. The responsibilities of the strategic management audit committee are mainly

Formulate strategic management performance audit standards, supervise database design and establish audit.

Program. The strategic management audit committee should respond to the company's strategic management objectives and strategic management.

The structural and strategic management plan establishes a set of scientific and reasonable evaluation indicators to

Write strategic audit report. The efficiency and effectiveness of strategic management audit have passed the war.

Reflect the audit report a little. The report not only needs to present the findings during the audit.

Problems, but also to evaluate the performance of the relevant responsible person, more importantly.

Can put forward improvement measures and suggestions, with the ultimate goal of strategic management.

Audit should correctly evaluate and judge the company's strategic management activities to maximize them.

Enhance the company value.

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National Audit, 2003, (14).

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