Risk Assessment Of Tracking Audit For Large-scale Building Construction Project

With the rapid development of China’s economy, the total social investment scale expands unceasingly, a lot of funds are invested in the construction of large-scale project fields, but the illegal phenomenon is hard to be forbidden, it seriously damages the interests of the project stakeholders, in order to prevent such intensified incidents, we should adopt the way of the process tracking for the large-scale projects. Construction phase of large-scale projects has characteristics of large amount of capital investment, more participants, complex content, variety of forms etc. At this stage the project facing a lot of challenges and risks. Therefore, how to control the tracking process risk of the large project construction phase has a strong practical and economical significance.As for the above situation reason, this paper expounds the audit risk situation of large-scale project construction phase from the project owners perspective according to the tracking of the process risk theory, through the structural equation model identified the audit risk factors of large engineering project construction phase, adopting the risk matrix method to evaluate the risk level of audit risk factors, and putting forward the corresponding strategy of risk aversion for the main risk factors of large engineering project construction phase.In this paper, the large engineering project construction phase tracking audit is segmented into environmental risk, project risk, internal risk and external risk, building the hypothetical model based on structural equation model, using AMOS software to test and optimize the assumption model, through two round of the optimization and adjustment the fitting effect of modified model is more ideal, and it can better reflects the internal relationship between the audit risk factors. Based on this conclusion, through the risk matrix theory and Borda method this paper sorts the importance to the risk factors as a whole, finding that the key audit risk factors of Jiama mine project construction stage of Tibet is internal control risk of the audited, the intervention time and depth of the audits,the project implementation process management risk, and putting forward some pertinent measures. The results of this study can provide reference for similar project management of audit risk.