Key Benefits:
(Adopted at the 76th ordinary meeting of the Government of the Greateren Province, held on 29 November 2007, No. 215 of 8 December 2007 of the Order of the People's Government of the Commonwealth of the Greateron Province, which came into force on 1 February 2008) Article 1, in order to strengthen internal audit, regulate internal audit behaviour, maintain economic order, enhance economic efficiency and promote good governance, develop this provision in line with the People's Republic of China Audit Act and relevant laws, regulations and regulations. Article II defines internal audit as an act of independent monitoring and evaluation of the authenticity, legitimacy and effectiveness of the unit and the unit's financial, financial and other economic activities. The following units within my provincial administration should be established to establish a sound internal audit system and conduct internal audit work: (i) The use, management of financial allocations and other financial funds, the organs of the Social Public Fund (Financial funds), the utilities, social groups and other organizations; (ii) Financial institutions of the State and the State Control Unit; (iii) State-owned and State-owned companies; (iv) Laws, regulations stipulate other units requiring internal audit work. Article IV. Internal audit personnel shall be subject to stricter internal audit career norms, faithfully and independent, objective, impartial and confidential. Internal audit bodies and internal audit personnel who have made significant achievements are rewarded by the audit bodies and departments, units. Article 5 (i) Organizing the implementation of relevant laws, regulations and regulations, the development of internal audit work systems, the organization of doctrine studies on internal audit work and the training of internal audit personnel; (ii) To guide internal audit bodies and personnel to carry out their internal audit in accordance with the law and to preserve the legitimate rights and interests of internal auditors; (iii) Oversight of the establishment of a sound internal audit body in accordance with the provisions, with internal audit personnel and inspection of internal audit work; (iv) To guide, monitor and manage the functions of the Internal Audit Association in accordance with its laws and regulations; (v) Other responsibilities under laws, regulations. Article 6 Laws, administrative regulations stipulate that the establishment of an internal audit body should be established. The establishment of an internal audit body by law, administrative legislation does not specify the establishment of an internal audit body, which may be based on the need for internal audit bodies or internal audit personnel. The establishment of an internal audit body could be based on the need for the establishment of a Board of Auditors with the overall auditor. Internal audit agencies should gradually increase the proportion of persons with internationally registered internal auditor qualifications. Article 7. Internal audit bodies or internal audit personnel operate under the leadership of the principal head of the unit or the authority. The main head of the unit or the authority should support internal audit work to ensure that internal audit agencies and internal auditors carry out their duties under the law. Requirements for internal audit and operational training should be included in the financial budget of this unit. Article 9. Internal audit personnel should have the expertise and operational capacity required to perform internal audit work and receive regular training on internal audit operations. Article 10 Internal audit personnel are protected under the law and no unit or individual may interfere, refuse, impede the implementation of an audit by an internal auditor in accordance with the law and shall not combat, revenge and fall into internal audit personnel. The internal audit team should maintain stability without delinquency or other incapacity to work without any intention to remove internal audit personnel. Article 11. Internal audit personnel shall be avoided by conducting audit matters, in the interest of the auditor (staff) or auditing. Resumption of internal audit personnel is determined by the principal head of the unit or by the authority. Article 12 Internal audit bodies perform the following duties, as required by the principal head of the unit or the authority: (i) Audit of the income and expenditure of the Unit and its affiliated units and the financial statements; (ii) The economic responsibility of the body established and the head of the unit within this unit; (iii) Auditing of investment projects for fixed-term assets for this unit and its affiliated units; (iv) Audit of the economic benefits or performance of the unit and its affiliated units; (v) Participation in the signing and auditing of implementation of major contracts; (vi) An evaluation of the integrity and effectiveness of the internal control system of this unit and its affiliated units and risk management; (vii) Conduct specific audit surveys as required; (viii) Other audit matters required by law, regulations and local authorities. Article 13: The main head of the unit or the authority shall establish the following provisions to guarantee the authority necessary to perform the duties of the internal audit body: (i) The subject of the audit is required to provide information on production, operation, financial and payment plans, budget performance and accounts, financial accounting reports and accounts opening and other relevant documentation; (ii) Participation in or attendance at meetings such as major investments, asset disposal, financial movement control and other important economic business matters; (iii) Review information, documentation, inspection of relevant computer systems and their electronic data and information on the production, operation and financial accounting activities, on-site verification related to internal audit matters; (iv) Conduct investigations into relevant units and individuals on issues related to audit matters and obtain evidence; (v) To take a temporary halt to the ongoing serious violations of the law and the serious loss of waste; (vi) The right to be placed on a temporary basis, with the approval of the principal head or authority of the unit, for possible transfers, concealment, alteration, destruction of accounting vouchers, accounting books, financial accounting reports and information relating to economic activities; (vii) Recommendations to correct, address violations and improve economic management and improve economic efficiency; (viii) To submit recommendations for the notification of criticism or disposition of violations and of units and persons causing damage; (ix) Excluding the findings of the audit, with the exception of the matters covered by the law, regulations; (x) Law, regulations and other powers conferred by the principal head of the unit or by the authority. In accordance with the audit workplan project approved by the principal head of this unit or by the authority, the internal audit body is chosen to form the audit team of internal audit personnel. The audit team is responsible for the development of audit programmes, which are subject to approval by the auditor's head or head of the unit and the authority. In accordance with the audit programme, the auditor may, in the course of the audit, obtain audit evidence using methods such as clearance, observation, treasury, query, calculation, analysis and review, and form the final version of the audit. Establishment of a review system for the final version of the audit. The auditor shall actively cooperate with the work of the auditor and, in accordance with the request for real and complete information, shall not be transferred, concealed, modified, destroyed related financial accounting, production and other documentation. Following the completion of the audit, the Audit Group submitted the report of the Audit Group to seek the views of the subject matter. The subject of the audit should receive feedback from the Audit Group within 10 days of the receipt of the report of the Audit Group, whichever is later unobjected. The head of the internal audit body formed a audit report after the audit team report and the observations of the subject of the audit, with the main head of the reporting unit or authority. Article 17, the principal head of the unit or the authority, pursuant to the audit report, shall make an audit decision to the subject of the audit. The subject of the audit should be executed. The audit decision has been contested and can lodge a complaint with the principal head or authority of the internal audit body within 10 days of the date on which the audit decision was delivered without prejudice to the implementation of the audit decision. The principal head or authority of the unit shall respond within 15 days of the date of receipt of the application. After the completion of the audit, the internal audit body should establish an audit file to be properly managed by law. The internal audit body, when necessary, conducts follow-up audits to check the corrective measures and effectiveness of the subject of the audit and submits a follow-up audit report to the main head of the unit or authority. Article 20 Internal audit findings should serve as one of the basis for the head of the unit's examination, award and dismissal. Article 21, in violation of this provision, rejects acceptance or does not cooperate with internal auditing, provides information that is not authentic, incomplete or refused to implement audit decisions and is restructured by the principal head of the unit or the authority; and rejects the correctness and disciplinary or administrative disposition of persons with direct responsibility and other responsibilities. Article 22 is transferred, concealed, modified, destroyed and disposed of financial accounting, production operations and other documents, in accordance with the relevant provisions; and is a crime transferred to the judiciary for criminal responsibility. Article 23, Combating, revenge, trapping internal audit personnel, is subject to disciplinary or administrative disposition by the unit or the superior authority; constitutes an offence and transferred to the judiciary for criminal responsibility. Article 24 consists of one of the following acts by an internal auditor, which is criticized by its units; serious circumstances, administrative disposition; and criminal accountability to the judiciary: (i) Disclosure of the wrongfulness of the subject of the auditor and false audit reports and audit decisions; (ii) Disclosure of State secrets or commercial secrets of the auditor; (iii) Other abuses of authority, provocative fraud, and incentivism. The internal audit of other organizations and units other than this provision may be carried out in the light of the provisions. Article 26 |
