Research On Audit Risk Of CPA In The New Auditing Standards

Since 1990s the audit environment of certified public accountant has greatly changed, the enterprise bankruptcy risk and the financial report fraud risk is increasing constantly, the economic environment is more complex day by day, Which has proposed the stern challenge for he accounting firm to assess and control the audit risk .In order to adapt the audit environment change, enhance the ability of the auditor to assess the risk and discover the fraud, Chinese Institution of Certified Public Accountant has revised and issued new audit risk standard according to the new international audit risk standard on February 15, 2006, at the same time begins to applying the new audit risk model, which helps to improve the auditor' ability to discover the significant misstatement of financial statement. Therefore, the most urgent question needed to solve is to how to correctly understand the CPA's audit risk and the application of CPA's audit risk model in the audit practice.This thesis is divided into six parts to discuss the CPA's audit risks in the new auditing standards.Chapter one is introduction, which includes background, significance, present research situation at home and abroad, the research technique and the main research content.In chapter two, has elaborated the concept of auditing standards, basic concept frame and theory basis of the audit risk systematically. Firstly, expounded the meaning of risk from three angles, on this basis, proposed the concept of audit risk on the theory of supply, secondly, analyzed the meaning of audit risk model.In chapter three, compared the two audit risk model of the new and old auditing standards, and analyze the disfigurement of the old one and the advancement of the new one. Finally, on the basis of new audit risk model, combine with the concept of audit risk, built the CPA's audit risk model.In chapter four, according to the CPA's audit risk model, analyzed the three factors of CPA's audit risk. Firstly, analyzed the anticipant audit risk, which includes the analysis of risk factors and the methods to evaluate; secondly analyzed the risk of significant misstatement of financial statement, which includes the analysis of risk factors and the introduction of fuzzy comprehensive evaluation; thirdly, analyzed the detection risk, which includes the analysis of risk factors and the methods to evaluate; finally, analyzed the system risk.In chapter five, brought forward effective way to control CPA's audit risk at all levels. Sixth chapter is the conclusion.