| With the boom in M&A transaction, the services of M&A auditing are increasingly. As a professional agency, it is becoming a significant problem that how the accounting firm reduce and provision the risk of M&A auditing to the maximum extent. However, academic researches related to the M&A auditing are few and plain. The theoretical study is largely behind the development of the M&A auditing business and is not able to guide the business effectively. In view of these, this paper uses M&A theory and auditing risk theory to analyze the risk of M&A auditing. Then propose appropriate strategies.The main contents are as follows:First, applying the modern risk-oriented auditing model to the M&A auditing and extending the formula as "The risk of M&A auditing=Risk inherent in M&A X Deviation of the internal control system X Inspection risk" which makes it more applicable to the M&A auditing. Secondly, under the guidance of the new model, we analyze the impact factors of M&A auditing risk from five aspects:environment of M&A, takeover after M&A, integration after M&A, internal control system of the acquirer, the hired audit agency. Then, build the M&A auditing risk impact factors system tentatively. Thirdly, using fuzzy comprehensive method to calculator the M&A auditing risk. Finally, apply the model and system to a case of M&A.According to the results of theoretical analysis and case study, this paper proposed some measures to control the auditing risk of M&A from both the accounting firm and the executives. Including carefully selecting the target company, posting effective merger integration, improve the professional abilities of the accounting firms and auditors, monitoring the process of M&A to reduce the auditing risk overall. |
