The Blue Book of Internal Audit for State-owned Enterprises (2020) Was Released - The Trinity of Universities, Enterprises and Associations to Jointly Promote the Continuous Development of Internal Audit

On September 26th, the School of Business, Sun Yat-sen University and Guangzhou Institute of Internal Audit jointly held a press conference to launch a survey report for a major project of National Natural Science Foundation of China by the School of Business, Sun Yat-sen University, which’s the Blue Book of Internal Audit for State-owned Enterprises (2020).

Wang Fan - President Assistant of Sun Yat-sen University and Dean of the School of Business, and Chen Wei - Vice President of the China Institute of Internal Audit, delivered speeches respectively at the conference. They pointed out that the Blue Book is of great significance to the development of internal audit and expressed their expectations and congratulations on the great success of the conference.

And then, the meeting held the official release ceremony of the Blue Book of Internal Audit for State-owned Enterprises (2020).

Based on the new era background of the continuous improvement of audit's strategic position and the continuous increase of the demand for audit's reform, the research group of the major project of the National Natural Science Foundation of China "Research on the Influence of Accounting and Auditing on Enterprise Management and Macro-economic Development" (the School of Business, Sun Yat-sen University) cooperated with the Audit Department of Guangzhou Metro Group to form a joint project group to carry out research on the innovation and risk management for enterprise's internal audit, mainly selecting large and medium-sized state-owned enterprises for survey, research and released the Blue Book.

The Blue Book counts and describes the current status and problems of the internal audit practice of state-owned enterprises, analyzes the gaps between the current operation status and best practice of internal audit and the reasons, and provides policy recommendations for further improving and perfecting the internal audit system. The research mode with the trinity of universities, enterprises and associations gathering strength is worthy of reference and popularization.