|
Welcome Guest
|
|
You are using Guest Account
|
|
||||||||||||||||||||||||||||||||||
|
TABLE OF CONTENTS CHAPTER I GENERAL PROVISIONS CHAPTER II ORDINARY RULES CHAPTER III WORK RULES CHAPTER IV RULES FOR REPORT CHAPTER V INTERNAL MANAGEMENT RULES CHAPTER VI SUPPLEMENTARY PROVISIONS CHAPTER I GENERAL PROVISIONS Article 1. The present Rules are formulated in accordance with the "Auditing Law of the People's Republic of China", the "Provisions of the State Auditing Administration on Internal Auditing" and other relevant laws and regulations in order to regulate internal audit, and clarify the liabilities of internal auditing institutions and auditors. Article 2. "Internal auditing" mentioned in the present Rules means the independent and objective supervision and evaluation activities within an organization, which promotes the realization of the organization's target on the basis of examining and assessing the business activities, and the adequacy, legitimacy and validity of internal control. Article 3. The present Rules shall be applicable to the internal auditing institutions, internal auditors of various organizations, and the internal auditing activities they are engaged in. CHAPTER II ORDINARY RULES Article 4. For the establishment of an internal auditing institution, the nature, scale, and internal governance structure of the organization and other relevant provisions shall be taken into account, and a certain number of internal auditors with practicing qualifications shall be equipped. Article 5. An internal auditing institution shall establish an effective quality control system, and actively know about and take part in the organization's construction of internal control. Article 6. An internal auditor shall have necessary knowledge and work ability, be familiar with the business activities and internal control of the organization where he works, and maintain and improve his professional competence through incessant continuing education. Article 7. An internal auditor shall comply with the occupational ethnics, and practice internal auditing business with due prudence. Article 8. Internal auditing institutions and auditors shall maintain their independence and objectivity, and need not be responsible for making decisions on or implementing the auditee's business activities or internal control. Article 9. An internal auditor shall be good at inter-personal communications, and be able to communicate with others properly and effectively. CHAPTER III WORK RULES Article 10. An internal auditor shall, in the process of auditing, fully consider the importance and risks of auditing. Article 11. An internal auditor shall, on the basis of considering organizational risks, management needs and auditing resources, make plans and reasonable arrangements for auditing. Article 12. An internal auditor shall, before auditing, serve the internal auditing notice to the auditee, and prepare well for the auditing. Article 13. An internal auditor shall investigate and acquire the information on the auditee thoroughly by means such as auditing sampling, and test the adequacy, legitimacy and validity of the auditee's business activities and internal control. Article 14. An internal auditor may obtain sufficient, related and reliable auditing evidence by means of verification, observation, inquiry, confirmation and analytic reviewing, to support the auditing conclusion and suggestion. Article 15. An internal auditor shall, in the process of auditing, actively use computers to make auxiliary auditing. The auditing under computer information system shall not change the target and scope determined in the auditing plans. Article 16. An internal auditor shall record the process of auditing and the collected and evaluated auditing evidence on the auditing manuscript. CHAPTER IV RULES FOR REPORT Article 17. An internal auditor shall, after the necessary auditing procedure, issue an auditing report. The auditing report shall be worked out on the basis of the verified auditing evidence so as to be objective, integral, clear, timely and constructive, and to embody the principle of importance. Article 18. An auditing report shall state the purpose and scope of the auditing, render the conclusion and suggestions, and shall contain the auditee's feedback opinions. Article 19. An auditing report shall declare that the internal auditing is made in accordance with China's internal auditing standards. In case any of the said rules is not complied with, the auditing report shall make corresponding explanation and statement. Article 20. An internal auditing institution shall establish a system of reviewing auditing reports by grades, and clearly provide for the requirements and responsibilities of each grade of review. Article 21. An internal auditor shall make follow-up auditings to urge the auditee to take reasonable and effective measures of correction in time to solve the problems it finds during auditing. CHAPTER V INTERNAL MANAGEMENT RULES Article 22. The responsible person of an internal auditing institution shall determine the target of annual auditing, make annual auditing plans, and work out human resource plans and financial budget. Article 23. The responsible person of an internal auditing institution shall, in accordance with the "Provisions of the State Auditing Administration on Internal Auditing", China's internal auditing rules, and in combination with the actual situation of its own organization, make auditing handbooks to guide the work of internal auditors. Article 24. The responsible person of an internal auditing institution shall establish a system of internal incentive and restriction, supervise and assess the work of internal auditors, and evaluate their work achievements. Article 25. The responsible person of an internal auditing institution shall, under the support and supervision of the appropriate management staff, do well in the coordination with external auditing. CHAPTER VI SUPPLEMENTARY PROVISIONS Article 26. The present Rules shall be promulgated and interpreted by China Institute of Internal Auditing. Article 27. The present Rules shall come into force on June 1, 2003. |
||||||||||||||||||||||||||||||||||
|
||||||||||||||||||||||||||||||||||
|
Copyright 2002 NovexCn.com
|