Research On Continuing Auditing Of Company A In XBRL Environment

With the increasing trend of economic globalization,the gradual acceleration of capital flows,enterprise ownership and management rights gradually separated.More and more investors want to get timely and reliable corporate financial information to help them make investment decisions.For business managers,the same hope to have a timeliness of the audit recommendations to help improve its internal control,timely adjustment of business decisions.The traditional sense of the audit model has been unable to fully meet the market requirements of the timeliness,uniformity and accuracy.Based on the XBRL environment,continuous audit activities came into being,with its own advantages are gradually being applied and promoted by most countries in the world.XBRL technology can provide real-time financial information for financial information users.The financial information has a unified reporting format that reduces the cost of data conversion and improves the efficiency of information acquisition.But because of its own can not guarantee the authenticity of accounting information reliability,so XBRL technology still need to provide assurance that audit activities,real-time accounting information system is bound to need continuous audit activities in order to give full play to its advantages.Therefore,based on the XBRL environment under the continuous audit model research,to improve the company’s internal control situation,to help enterprises achieve business objectives,and to meet the needs of external information users is of great significance.This paper takes XBRL as the breakthrough point,and uses information asymmetry theory,principal-agent theory,value chain theory and event accounting theory to support the use of literature review method,normative analysis method and case analysis.Law,from both theoretical and practical research.In the theoretical part,we first introduce the meaning,content and the concept of continuous audit of XBRL by introducing XBRL technology and continuous audit.On the basis of this,this paper analyzes the advantages of sustainable audit in quality and efficiency in XBRL environment by comparing traditional audit methods.In the part of practice,taking Company A as the research object,this paper introduces the general situation of Company A and the current situation of internal control,analyzes the internal audit work of Company A,finds out the existing problems and points out the causes of the problems.Based on this,the introduction and implementation process of continuous audit in the XBRL environment of Company A are designed to clarify the basic train of thought and audit operation.Finally,A company to implement XBRL environment under the continuous operation of the audit mode to provide effective protection measures.It is hoped that it can provide different perspectives on the research of’ continuous audit model based on XBRL environment,and hope that it will play an important role in promoting the internal audit of Company A.Is of great importance.