Research On The Causes Of IPO Auditing Risk

With the rapid economic development,the attractiveness of the capital market business is increasing.Accessing to capital markets can bring funds and reputation to the enterprise.However,with the growing number of IPO companies,the problem also will emerge.Excessive packaging,fraudulent listing,false information disclosure and other issues abound in the IPO process.In this process,as an accountant affairs agency charged with increasingly heavy responsibility.Since its business particularity,complexity,coupled with still face more regulatory authorities,so IPO has much higher risk than the average annual audits.Firm as a first threshold before the companies listed on the capital market,it improves the quality of great significance immeasurable.So what is the specific source of the IPO audit risk?How to guard against the risk of IPO audit?It can not only promote the CPA profession itself healthy development,but also guarantee the entire capital market,socio-economic development.In this paper,the analysis of literature review and case binding norms in the writing process.First we elaborated the theory and according to the properties of IPO audit,we summed up the causes of risk in three areas.Then combined with the specific case of Shenzhen Hailianxun's company,we made specific analysis of the actual sources of risk.Finally,we made the corresponding solutions,summarized the whole paper,presented deficiencies.As auditing subject,accountant and audit firms should keep high attention to IPO audit risk,but the risk is definitely not only from the auditing subject.The listed companies as auditing object,and the external environment,industry environment one of the sources as the exterior environment are all risks.Only three parties work together can we reduce the IPO audit risk,improve audit quality.I hope this article has a certain significance in the theory and practical aspects.