Internal auditing work at Sino‐China Petrochemical Corporation (SINOPEC)

Abstract

Discusses the development of internal audit theory and practice with reference to the Sino‐China Petrochemical Corporation (SINOPEC), a large, state‐owned petrochemical enterprise group. Examines the organizational status, authority and role of internal audit, and the question of independence. Notes the move from financial to managerial and operational auditing, identifying specific examples. Suggests future direction, which might include a closer relationship with state audit.

Citation

Canling, Z. (1997), "Internal auditing work at Sino‐China Petrochemical Corporation (SINOPEC)", Managerial Auditing Journal, Vol. 12 No. 4/5, pp. 227-234. https://doi.org/10.1108/02686909710173939