Research On The Risk Assessment Of Major Misstatement Of F Audit Project

Modern risk-oriented audit is based on risk analysis,and the risk of material misstatement is at the heart position of the modern risk-oriented audit in.The allocation of audit resources,the design of the program,and the specific implementation are based on the assessment of the risk of material misstatement,and decision,thus it is important to accurately assess the level of risk of material misstatement.In the case of a given level of audit risk,the higher the level of material misstatement risk assessment,the lower the check risk level;the lower the level of material misstatement risk assessment,the higher the check risk level.And the check risk depends on the auditor's ability and independence,Therefore,without considering the characteristics of auditors,audit risk mainly depends on the assessment of the risk of material misstatement.This paper is based on the case study of DX accounting firm for F heating company,through the identification and evaluation of the risk of material misstatement of F heating company,design for further audit procedures of DX accounting firm,leading to the modern risk oriented auditing theory to DX accounting firm.In this paper,through the questionnaire and interviews and access to the relevant information of the F heating company to identify the F heating company's financial statements and identify the level of material misstatement risk.Then draw into the fuzzy comprehensive evaluation method to evaluate the risk of material misstatement of F heating company,the sub items of the index are weighted according to the requirements of risk assessment,the sub item score are summarized,get the higher level score,and the like,reach three level index item score.According to the score,from more to less to determine the risk indicators,from big to small,then get the results of risk assessment.Finally,according to the identification and evaluation of the results of the DX accounting firm to further audit procedures,putting forward the safeguard measures for the risk assessment of material misstatement.