Author(s)

Jingwen Nie

School of Management, Jinan University, Guangzhou, China.

The long-term development of enterprises not only need the escort of internal control, but also can’t do without the monitoring and early warning of internal audit. The relationship between internal control and internal audit is simple and mysterious. When the company internal control meets internal audit, is there conflict brings a lose-lose situation or combination brings a win-win complexion? This article explored the internal control and internal audit of China International Marine Containers (Group) Ltd. (CIMC), and found that the combination of the two makes CIMC steady and quickly develop, and it finally becomes a world-class enterprise.

CIMC, Internal Control, Internal Audit, Conflict, Combine

Nie, J. (2017) When Internal Control Meets Internal Audit: Conflict or Combine?. Open Journal of Accounting, 6, 43-51. doi: 10.4236/ojacct.2017.62004.