Analysis on Improvement of Internal Audit in China’s Listed Companies Based on Artificial Intelligence

Abstract

Based on the theoretical connotation of internal audit, this paper first states the major deficiencies in the execution of internal audit supervision of China's listed companies. The main reasons of forming these deficiencies are also analyzed in depth. According to the development of artificial intelligence technology and the background of big data, the relevant suggestions to strengthen corporate audit supervision, recover internal audit deficiencies and improve internal audit system of China's listed companies are proposed finally. It is hoped that this paper can provide a useful reference for the healthy development of internal audit supervision of China's listed companies.

أثر تفعیل تقنیات الذكاء الإصطناعی علی تعزیز أنشطة المراجعة الداخلیة "دراسة میدانیة"(باللغة الانجلیزیة)

“…With the application of artificial intelligence technology and the expansion of the scope of internal audit functions and the growing importance of internal audit, the meaning of internal audit is constantly changing (Li, E., Xu, H., et al, 2020) The Institute of Internal Auditors (IIA) believes that internal auditing is an independent and objective assurance and consulting activity, and that it aims to add value to the organization and improve its operational efficiency. A systematic and standardized approach is needed to assess risk management, control and governance processes and improve their effectiveness to help achieve organizational objectives.…”

“…Without supervision, verification would lose its essential characteristics. At the same time, the level of science and technology and marketing is constantly improving, and the functions of internal audit should also be continuously expanded (Li, E., Xu, H., et al, 2020).…”