Core Insights - The forum "2025 Internal Audit Supporting Chinese Modernization" was held in Beijing, focusing on the role of internal audit in promoting modernization in China, gathering over 600 attendees from various sectors [2][5][8] - The event featured a diverse lineup of speakers, including leaders from multiple government departments and industry experts, aiming to create a multi-level communication platform for internal audit [2][5][10] Group 1: Forum Overview - The forum was the second edition, building on the first forum's foundation with enriched content and format, including keynote speeches, roundtable discussions, and parallel sub-forums [2][6] - Keynote speeches highlighted the achievements of internal audit during the 14th Five-Year Plan and outlined strategies for the upcoming 15th Five-Year Plan, emphasizing the importance of leadership and technological integration [8][10] Group 2: Keynote Highlights - Huang Zheng emphasized the need for internal audit to align with the 15th Five-Year Plan, focusing on enhancing the effectiveness of audit results and integrating technology and talent into the audit process [8][10] - Xu He discussed the internal audit practices within state-owned enterprises, advocating for a framework that matches the new missions of these enterprises and promotes value creation [10][12] Group 3: Research and Development - The establishment of the Digital Audit Sub-Committee and the release of three significant reports, including the "National Internal Audit Digital Transformation Development Research Report (2025)," were key outcomes of the forum [14][18] - The reports aim to provide a theoretical and practical foundation for the development of internal audit, injecting new momentum into the field [14][18] Group 4: Thematic Discussions - The roundtable discussions addressed the understanding of scientific and standardized auditing, challenges faced in research and practice, and strategies for advancing internal audit in the context of the 15th Five-Year Plan [19][21] - Parallel sub-forums focused on specific themes such as financial risk prevention, energy transition under carbon neutrality goals, and the integration of digital technology in internal audit practices [21][23][25][27]

Group 1: Introduction and Challenges - Internal audit plays an irreplaceable role in the internal control system of securities companies, impacting governance structure, operational stability, and value growth [1] - The digital transformation in auditing is driven by the integration of artificial intelligence (AI) technology, transitioning from a "workshop" model to an "intelligent factory" model [1] - Challenges in the intelligent transformation of auditing include data processing difficulties due to explosive data growth and a lack of risk identification capabilities in traditional auditing methods [1][2] Group 2: Transformation: AI Empowering Securities Audit - The theoretical foundation for AI in auditing includes information processing theory, synergy effect theory, pattern recognition theory, and machine learning theory, which support efficient data handling and risk identification [3] - AI can support the entire lifecycle of audit operations, from risk assessment and data integration to generating clear audit reports and tracking rectification processes [4][5] Group 3: Knowledge Management and Inheritance - The introduction of AI can help build an audit knowledge base, systematically organizing fragmented knowledge and improving retrieval efficiency for auditors [6] - Machine learning algorithms can analyze data within the knowledge base to provide decision support and continuously update the knowledge system to keep pace with industry developments [7] Group 4: Outlook: Future of Securities Audit - The future of securities audit will focus on enhancing the business logic modeling capabilities of large models, developing specialized models for specific sectors, and improving model interpretability [8] - A dynamic learning mechanism will be established to optimize models based on practices from various branches while ensuring data privacy, leading to a more efficient, intelligent, and trustworthy audit process [8]

Group 1 - The core idea emphasizes the importance of high-quality development for listed companies, with a focus on enhancing information disclosure quality through auditing practices [2] - The concept of "digital-first driven" auditing is introduced, highlighting the role of AI in transforming auditing processes, improving efficiency, and reducing costs [2] - The integration of centralized and standardized auditing processes, along with big data analysis, is aimed at risk identification and efficiency enhancement [2] Group 2 - The critical role of CFOs in ensuring financial authenticity is underscored, particularly in high-risk areas such as fund occupation and revenue recognition [3] - The necessity for integrated financial management to ensure data authenticity and enhance global risk control capabilities is discussed [3] - Strengthening internal control mechanisms and subsidiary supervision is essential for improving overall risk management [3] Group 3 - A strategic partnership between Ernst & Young and the Capital Market Institute has been renewed, marking an upgrade to a 2.0 era of collaboration since 2021 [4] - The training session on annual report preparation and financial disclosure quality attracted over 200 financial leaders from listed companies, focusing on the latest trends and best practices in auditing [4] - The training aims to inject new momentum into the high-quality development of the capital market [4] Group 4 - Participants engaged deeply with the content, discussing the digital transformation of financial auditing and its practical implications for their companies [5] - Ernst & Young instructors provided precise and practical advice based on their theoretical knowledge and real-world experience [5] Group 5 - The training session represents Ernst & Young's commitment to empowering talent in the capital market and promoting long-term industry development [6] - Future collaboration with the Capital Market Institute aims to cultivate professionals with both depth and market sensitivity to support high-quality industry development [6]