Financial Audit Method Innovation of Qinghai Energy Enterprises Based on Panel Data Regression Model

Author:

Qu Yan1,Ji Hongping2,Cofell David3ORCID

Affiliation:

1. Qinghai Communications Technical College, Xining Qinghai 810003, China

2. Qinghai Province Transportation Holding Group Co. Ltd., Xining Qinghai 810001, China

3. The King’s School, BP1560 Bujumbura, Burundi

Abstract

In the process of promoting the internal audit work, we can find the operation and management of the enterprise, which is affected by the internal audit work. Therefore, it can be seen that the internal audit plays an important role, and it is also a necessary link in the internal management of the enterprise. With the development of China’s current economic market and the corresponding transformation, energy enterprises are facing serious development problems in the process of operation and management. The existence of these problems is concentrated in the internal audit management, mainly because many internal auditors fail to clearly recognize the necessity of establishing a good internal audit during the development of energy enterprises, which will inevitably have a negative impact on the development of enterprises. In addition, internal audit has not been fully recognized and concerned by all leaders, so the emergence of these situations will lead to the difficulty of internal audit in playing its real role to a certain extent. Therefore, in this paper, the author will start from the energy enterprises, study the financial audit method innovation of energy enterprises in Qinghai Province based on the panel data regression model, discuss the problems faced by internal design in enterprise management, and focus on how to effectively solve this problem, hoping to provide more reference for energy enterprises to carry out financial audit in the future.

Publisher

Hindawi Limited

Subject

Electrical and Electronic Engineering,Computer Networks and Communications,Information Systems

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