The Research On Audit Risk And Control Of CPA

CPA audit originated from the separation of corporate ownership and management, and is the product of the market economy development to a certain stage. In particular, the company owners understand the production operation based mainly on the financial statements submitted by the operators after companies have gradually become an important economic organization. Therefore, there is a need for an independent, objective, impartial third-party to judge the fairness and legitimacy of enterprise's financial statements, so the CPA audit comes into being. Auditing bears tasks of filtering the risk of accounting information, ensuring the quality of accounting information, reducing the cost of accounting information identification.However, CPA audit as an intermediary service cannot find all the problems of enterprises. Based on sampling, Certified Public Accountants express their views about the legitimacy and fairness of financial legitimacy according to the obtained audit evident. It is kind of objective and causes the risk. That is, the risk exists from the beginning of the audit's birth. In recent years, litigation cases against accounting firms and CPA occur constantly, and ridden action lawsuits and high compensation have a serious impact on the development audit industry. The audit risk does not necessarily mean the loss of the audit subject, while it needs a process, a process that are affected by many factors, so that audit risk is the ability to control. Therefore, we should strengthen research on audit risk, explore ways of audit risk management and control, continue to improve audit quality, and reduce audit risk.Based on this, this paper analyzes the reason of audit risk and correspondent control methods respectively from the audit project, accounting firms and audit industry.This paper is divided into six parts: introduction chapter presenting the background and significance of this study, analyzing the relevant research status, introducing innovations and research framework of this article; Chapter two Auditing Risk overview of the audit introducing the basic meaning of risk, basic characteristics, classification to the audit risk model and audit risk management, providing a theoretical basis for this study; Chapter three presenting CPA audit risk, respectively, from the audit projects, accounting firms, registration division of the audit profession; Chapter four presenting auditing risk control, audit risk against the risk of the causes of specific analysis of audit risk control strategies; Chapter five presenting audit risk control case analysis, audit of project implementation four steps of the audit risk examples of controls; chapter six summarizes the results of this study and needs further study.