The Research Of Application On Modern Risk-oriented Auditing In Our Country's Cpa Auditing Profession

The audit is the product of the development of the social economy. It develops and evolves unceasingly along with social economy's development, which has developed from accounting number-based audit approach major in financial report item to system-based audit approach oriented in internal controls, then to modern risk-oriented audit approach focus on risk identification and assessment over the years. It is know as the evolution of the three auditing mode. Since the nineties of the last century, under the pressure of the auditing industry from outside and for the needs development of the industry itself, foreign accounting firms and auditing academic improved traditional auditing mode and brought forward the modern risk-oriented approach, and this new auditing mode has been widely used in all major foreign accounting firms.In China, the new auditing guideline was issued in February 2006 which followed the thoughts of modern risk-oriented approach. And the domestic accounting firms were required to carry out this new auditing method from year 2007. But our risk-oriented audit approach started late, and the traditional auditing method has been used for a long time in the auditing work. Anther fact is that the auditors of our country are still lack of practical experience of this new method. So the application of the modern risk-oriented audit is not satisfactory. There is still a gap between the theory of the new method and concrete practice. And a lot of problems have exposed, for example, the lack of auditors'comprehensive abilities, cost constraints faced by domestic accounting firms, acquisition and evaluation of the auditing information and external auditing environment needed to be improved.In view of this situation, this article is based on the recent study results inside and outside China. First of all, the article starts with the development and evolution of the auditing mode and the features of modern risk-oriented audit in compare with the traditional auditing method. Secondly, the article is with an emphasis on the analysis of the application situation of the modern risk-oriented audit, and of the problems being. Last, solutions of those problems are proposed in terms of the auditors, the domestic accounting firms and external auditing environment. I hope that this article can provide some beneficial suggestions and references to the better application and depth extension of modern risk-oriented audit in our country through this research and discussion.