Research On The Influence Of Internal Control Defects Of Great Energy Co.,LTD On Financial Statement Audit

With the continuous development and change of the global economic and social environment,the risks faced by enterprises are gradually increasing,at the same time,the realization of the target of each stakeholder in the enterprise will also be affected.Therefore,it is particularly important to help control the internal control of enterprise risk.Sound and effective internal control can reduce the enterprise occupation managers random misstatement of accounting choice and opportunism possibility,improve financial information can be dependent,affect audit procedures and audit opinion the financial statements of the business to a certain extent.This paper mainly adopts the research methods of case analysis,based on the principal-agent theory,signal theory,theory of synergic effect and scope economy as the foundation,combination of theory and practice,it has studied the impact of energy Limited by Share Ltd internal control deficiencies on the audit of financial statements.This paper takes the basic situation and energy status of the company's internal control deficiencies and nearly three years of audit of internal control audit and financial statements for the background of the situation,on the internal control deficiencies in-depth study of two aspects of financial statements,audit opinions and audit procedures,if the auditee internal control deficiencies in internal control premise not to be trusted,the CPA will make the corresponding changes to the financial statements audit program implementation,and then affect the nature,time and scope of audit of financial statements.At the same time,because of the effective internal control can improve the authenticity and reliability of financial reporting,improve the financial statements audit opinion final,so when the enterprise internal control defects has been issued a negative opinion,the CPA should also determine its impact on the audit opinion of financial statements.According to the internal control weaknesses of large energy Limited by Share Ltd case studies,concluded that the defects of internal control has an important effect on the financial statements audit procedures and audit of financial statements andopinions,for listed companies,accounting firms,regulators put forward corresponding suggestions that listed companies should pay attention to and improve their internal control;accounting firm should improve their risk awareness,pay attention to the integration of audit application;regulators should further strengthen the supervision of internal control effectiveness,the importance of internal control audit publicity.It is hoped that through the implementation of these measures,we can further improve the internal control and audit,improve the quality of internal control audit and financial statements audit,and promote the common progress of enterprises and society.