Core Viewpoint - The internal audit management system of China National Freight Company aims to enhance governance and ensure high-quality development through a centralized, comprehensive, and efficient internal audit supervision system [1][2]. Group 1: Internal Audit Framework - The internal audit is defined as an independent and objective evaluation of financial activities, internal controls, risk management, and compliance with economic responsibilities [1]. - The company establishes a leadership structure for internal audit under the Party and Board of Directors, with the main responsible person being the company's top leader [2][3]. - The internal audit department is responsible for daily operations and is organized in an integrated manner, including headquarters and audit centers [3][4]. Group 2: Audit Personnel Management - The internal audit team is required to be composed of professionals with diverse backgrounds, including finance, operations, law, and information technology [4][5]. - The company supports continuous education and training for audit personnel to enhance their professional competencies [5][6]. - A mechanism for personnel mobility between the internal audit department and other functional departments is encouraged to foster talent development [4][5]. Group 3: Audit Responsibilities and Authority - The internal audit department is tasked with implementing national policies, developing audit plans, and conducting audits on financial activities and internal controls [6][7]. - The department has the authority to access necessary documents, conduct investigations, and propose corrective actions based on audit findings [7][8]. - Regular reporting to the Party and Board of Directors on audit activities and findings is mandated [8][9]. Group 4: Audit Execution and Follow-up - Internal audits can be conducted through specific projects or ongoing dynamic supervision, with a focus on key areas and risks [9][10]. - Audit projects require a structured approach, including planning, execution, and reporting, with feedback from audited units [10][11]. - A mechanism for tracking and ensuring the implementation of audit recommendations is established, holding responsible parties accountable for corrective actions [11][12]. Group 5: Accountability and Compliance - The company emphasizes accountability for non-compliance with audit processes, including potential disciplinary actions against individuals who obstruct audits [12][13]. - Internal audit personnel are protected from retaliation when performing their duties, and any violations are subject to legal consequences [14][15]. - The internal audit management system is subject to regular review and updates to ensure its effectiveness and compliance with regulations [15].