In this issue:
- Internal Control and Audit in the Chinese Business Context
- China’s Internal Control and Audit Regulatory Framework
- Operational Audits: Lessons for Internal Control
- Internal Control for Fraud Prevention: A Checklist
As more companies prioritize China operations as part of their future growth strategy, less than effective internal control systems in China are no longer an option. For those small and mid-sized enterprises (SMEs) that dismiss internal control systems reviews and audits as a burden of the giants, specialists warn that this is not the case.
As such, this issue of China Briefing is devoted to understanding effective internal control systems in the Chinese context and the role of audits in detecting and preventing fraud.