Research On The Certified Public Accountant's Audit Risk Management In China

With the successive exposure of a series of auditing scandals, many scholars began to do the research of risk management of CPA. In recent years, the CPA's realization of the risk management is being perfect. However, compare with the more and more complex business of enterprise, it is still to strengthen the audit risk management. Particularly with the policy's deregulation of the GEM board access, a large number of small and medium enterprises are easy to become the listed companies. And our government requires listed companies to report its financial statements which have been audited by CPA. But due to inadequate internal controls of SMEs, imperfect financial systems and many other drawbacks existing, CPA's audit risk management is more important during their implementation of the audit business.Unfortunately, at this stage, the CPAs'audit risk management in China aren't perfect enough to Response to all risk. The CPA's social image as a notary begins to be questioned. To solve this problem, many domestic and foreign experts, scholars and practitioners have done a deep study of it, and achieved certain results. However, main results are researched by the qualitative analysis of the macro environment, only a small number of authors attempted to introduce technical methods to practice in CPA's audit. But not including its empirical study. In this paper, based on previous studies on the CPA's audit risk management, add into the empirical analysis of audit risk management and hope to help the CPA's risk management play a guiding role.Against the CPA's audit Risk Management issues, this paper Summarize the previous conclusion and combine with its present situation in the practice of risk management, then use it as an entry point to analyze the CPA's audit risk causes from the subject, the object area and the audit environment. Connecting with the existing problems, Propose an innovative way to improve the audit risk management of CPA's in quantitative and qualitative measures. On the basis of that, we make an empirical analysis with ZSYT CPA. First introduce ZSYT CPA's background, followed by the proposed audit risk management at present, finally made earlier to improve the CPA's Management with quantitative measures used in this case and combine qualitative and quantitative ways to improve its audit proposed risk management measures. In the concluding section, summarize the results of this research and point out its innovation.