Internal audit at Guangdong Nuclear Power Joint Venture Company Limited

Abstract

Describes the internal audit function in a joint venture company. Auditing joint ventures is a fascinating topic, particularly when it involves the nuclear power industry and partnership between China and a foreign collaborator. The internal audit function was established right at the outset and has a high profile in the corporate governance structure. Its position is safeguarded in an audit charter, and a whole range of techniques and approaches guarantees a comprehensive service based on risk assessment. A combination of specific audits, special studies, internal control verifications, pre‐award audits and irregularities reports demonstrate that the internal audit arrangements are at the cutting edge of best practice.

Citation

Chi Cheung, T. and Qiang, C. (1997), "Internal audit at Guangdong Nuclear Power Joint Venture Company Limited", Managerial Auditing Journal, Vol. 12 No. 4/5, pp. 219-226. https://doi.org/10.1108/02686909710173920