Inquiry Of Fraud Audit About The Cost Of Corporate Product

Since entering the21st century, the world economy has undergone tremendous changes, the competition between enterprises becomes extremely fierce. Some enterprises in order to plunder resources, or for personal gain, do not hesitate to fraud. There is a famous big stock crash in the history, financial fraud at Enron, WorldCom and Merck shocked the world, which are in the front row in the top500. In contrast, financial fraud situation in our country is very serious, the successive exposure of fraud case. After Watching the Green Land listed on fraud scandal, fraud phenomenon in2012sucks the eyes. According to the disclosure of the results showed by the stock markets, nearly15%of companies’ financial statements were changed. The fraud cases and fraud means are so many, which is startling!In these fraud cases, whether it is Enron, WorldCom in the United States, or our YinGuangXia, Green Land, it is not difficult to find the fraud of product cost appeared again and again and played an important role in the financial failure cases. It not only led to the bankruptcy liquidation of the company itself, brought losses to investors, gave its auditors and audit staff a devastating blow, caused enormous audit risk, and made the social public mistrust of independent audit. Audit for product cost is not only the focus, but also the difficulty for the independent audit. How to effectively audit the product cost becomes a big problem for the world. This paper analyzes the causes of enterprise financial fraud, and then sums up the specific means of fraud using the product cost. Combining with the present situation of the product cost auditing, then gives some targeted strategy, hoping to help the auditor effectively audit the product cost.In general, this article used normative research methods, from the following aspects studied the product cost of fraud audit.The first part, introduction. This part points out the research background and significance of product cost of fraud audit, and then reviewed and simply made a summary about the existing research literature, described ideas and methods used in the writing process and the frame structure.The second part, the enterprise product cost theory overview of the fraud audit. First of all, expounds the development of the audit, fraud audit features; Secondly, this paper introduces the enterprise product cost fraud audit content and method; Finally, the paper analyzes the enterprise product cost auditing relevant theoretical basis. Mainly includes the principal-agent theory, the fraud triangle theory and audit risk model. The third part, the reasons and means of enterprise product cost of fraud. This chapter includes two small parts, the first part mainly introduces the several reasons of enterprise fraud, including the interests of the company drive, executives personal interests drive, lack of or ineffective internal controls, financial personnel lack of professional ethics, The second part mainly summarizes the means of enterprise product cost of fraud.The fourth part, the existing problems and causes of enterprise product cost auditing.This chapter summarizes the problems existing in the current product cost fraud audit in our country, and then from different angles carried on the thorough analysis of the causes. This part of the analysis of the problems and causes, completely describes the product cost auditing development present situation in our country.The fifth part, the strategies of enterprise product cost auditing. It is divided into four aspects:strengthening the enterprise product cost audit, strengthening the communication with the entity, highlighting the audit focus and improve the quality of audit, strengthening the public accounting firms internal management.The sixth part, conclusion. This article research conclusion and research limitations.