Open AccessThe coordinated development between the internal audit guidance by the government audit departments and internal audit units: applying the principal component analysis and Monte-Carlo simulation
Author(s) -
Guo Hong,
Yi Ding,
Qian Chang,
Chang Ping Zhu,
Ying Zhao,
Qing Zhang
Publication year - 2019
Publication title -
journal of physics. conference series
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.21
H-Index - 85
eISSN - 1742-6596
pISSN - 1742-6588
DOI - 10.1088/1742-6596/1419/1/012040
Subject(s) - internal audit , audit , information technology audit , accounting , audit plan , principal (computer security) , performance audit , component (thermodynamics) , business , computer science , joint audit , process management , computer security , physics , thermodynamics
In the new era, reform of the audit management of Official Audit Organs need systems thinking. This paper focus on the guidance and supervision of internal audit, which is the important content of the audit management system. Through the analysis of the present situation from various perspectives, aiming at the outstanding problems that still need to be paid attention to under the new situation. It explores a feasible way to coordinate the development of internal audit guidance and internal audit institutions, and tries to exemplify the application section on the basis of empirical analysis. To quantify the relevance between internal audit guidance and internal audit institutions through scientific method, introducing Principal Component Analysis and Monte Carlo Method, also provides some reference ideas for practical application.