Title: Innovation method for centralised management and control mode of enterprise financial audit under the background of Industry 4.0
Authors: Cheng Yang; Yuanming Yang; Yuqiang Cao
Addresses: Accounting College, Guangdong University of Finance and Economics, Guangdong, Guangzhou, 510320, China ' Jingci Meida Office Equipment (Dongguan) Co., Ltd., Guangdong, Dongguan, 523326, China ' School of Accounting, Guangdong University of Foreign Studies, Guangdong, Guangzhou, 510006, China
Abstract: In order to overcome the problem that the traditional audit centralised management and control model has higher cost than inefficiency, an innovative method of enterprise financial audit centralised management and control model under the background of Industry 4.0 is proposed. Compare and analyse the main characteristics of different financial control modes, analyse the problems existing in the centralised financial audit management and control of different enterprises in China at this stage, determine the positioning and objectives of the corporate financial audit centralised management and control mode suitable for the background of Industry 4.0, establish and improve internal control, and organise internal. A new integrated financial centralised management and control model for banks. The experimental results show that the proposed method has higher control efficiency and lower control cost, with the highest control efficiency reaching 98.25%.
Keywords: Industry 4.0 background; enterprise financial audit; centralised management and control mode; innovation.
International Journal of Technology Management, 2020 Vol.84 No.3/4, pp.197 - 210
Received: 28 May 2020
Accepted: 03 Oct 2020
Published online: 08 Jan 2021 *