Research On Application Of Modern Risk - Oriented Auditing

Audit model Audit model has gone through three stages from the past to now. The first is transaction oriented audit, in which financial statements are examined; the second stage is the system foundation oriented audit, it is mainly oriented by internal control; the third stage which is said today is modern risk oriented audit mode. The main purpose of this article is to skillfully combine the style of modern risk oriented audit with style of the enterprise internal audit, and make it a whole new kind of modern enterprise internal audit. The most important problem which the article is to solve is how to make the modern risk oriented audit play incisive in the enterprise internal audit. The modern risk oriented audit isn’t mature in China nowadays, if you want to use it in the enterprise internal audit and control, you will need a bold innovation, because this is a new developed area. This article focus on the theory of modern risk oriented audit and the analysis of its style. And then we describe the difference and advantages between the modern risk oriented traditional risk oriented audit and the traditional mode audit, and thus paving the way for the wide application of it. After that, the article combines a example to the whole process of the application of modern risk oriented internal audit of the enterprise, and tells the impacts on it. Then the final conclusion is:the application of modern risk oriented audit in the internal audit of enterprise is the inevitable trend of the future. At the same time, the article researches on the difficulties of the implementation of modern risk oriented audit model in today’s enterprise, and gives objective suggestions and solutions after better improvement. Therefore, the innovative point of this article is the timeliness and generalizability.