M&G(SH:603899) Zheng Quan Zhi Xing·2025-08-27 11:24Core Points - The internal audit management system of Shanghai Morning Glory Stationery Co., Ltd. aims to standardize and improve the quality of internal audit work, ensuring compliance with relevant laws and regulations [1] - The internal audit is defined as an evaluation activity conducted by the internal audit department to assess the effectiveness of internal controls, risk management, and the authenticity of financial information [3][5] - The audit department operates independently and is responsible for auditing the financial management and internal control systems of the company and its subsidiaries [3][8] Group 1: General Provisions - The internal audit management system is established to enhance the company's economic management and improve economic efficiency [1] - The internal audit applies to all business processes related to financial reporting and information disclosure within the company [3] - The audit department must maintain independence and is not subject to interference from other departments [5][6] Group 2: Audit Scope and Content - The internal audit covers various aspects, including financial budget preparation, execution, financial reporting, and the authenticity of financial activities [17][23] - The audit department is responsible for evaluating the integrity and effectiveness of internal controls and compliance with laws and regulations [19][20] - Internal audit personnel must adhere to principles of independence, objectivity, and confidentiality while conducting audits [12][13] Group 3: Responsibilities and Authority - The audit committee guides and supervises the audit department, reviews annual audit plans, and ensures the implementation of internal audit systems [18][19] - The audit department has the authority to request relevant documents, conduct on-site inspections, and participate in meetings related to audit matters [10][11] - The audit department must report any significant internal control deficiencies or risks to the audit committee promptly [30][31] Group 4: Implementation Measures - The audit department is required to conduct regular evaluations of internal controls and submit reports to the audit committee [27][28] - Audits of significant external investments, asset purchases, and guarantees must be conducted promptly, focusing on compliance with approval procedures and contract performance [11][12][13] - The audit department must ensure that the use of raised funds complies with regulations and report on their authenticity and legality [35][36] Group 5: Information Disclosure - The audit committee must issue an annual self-evaluation report on internal controls based on the audit department's findings [38][39] - The company is required to disclose internal control evaluation reports and auditor reports alongside its annual report [41] Group 6: Internal Audit Archives - The audit department must establish and maintain audit archives, including audit plans, reports, and evidence [42][43] - Audit archives must be securely managed and preserved for a minimum of ten years [8][42] Group 7: Legal Responsibilities - Individuals who obstruct audits or provide false information may face penalties, including criminal prosecution [45][46] - Internal auditors who abuse their power or violate confidentiality may also face legal consequences [49]