Research On The Integration Of Internal Control Audit And Financial Statements Audit

With the rapid development of the economy,the audit is no longer just a well-known financial statements audit,internal control audit has become a hot topic in the field of domestic and international economy and management.In order to regulate the internal control system of enterprises,promote the sustained and healthy development of enterprises,the Chinese government also paid close attention to the development of the integration of audit in the world,after the study in 2008 and 2010 the Ministry of Finance and other four Department has established "the basic norms of internal control" and its supporting guidelines.Specification requirements included in the specification of the scope of the implementation of the audit of financial statements of Listed Companies in addition to the traditional business,but also do a good job for the company headquarters of the effectiveness of internal control self assessment and issue a report,or hire a qualified accounting firm on the company internal control effectiveness audit.The internal control audit as a new audit business gradually began to open to the listed company,the internal control audit will also become one of them must complete the audit business.Obviously,the formation of the basic norms of related and supporting guidelines for the CPA system only in the internal control audit process provides some judgment basis and need to comply with the basic principles,and as a new audit business of CPA,the how to deal with its relationship with traditional audit,need a process as well as its own development and improvement.Especially in this new business development is not mature now,whether it is the accounting firm level or the company itself has many problems.In this paper,we will analyze these problems and provide some effective solutions.Based on the related literature and theories,an in-depth study of the audit of financial statements and the audit of internal control and the relationship between the integration of audit in some problems of China’s listed companies operating at present and puts forward some corresponding solutions.First of all,define the relevant concepts,and put forward the relevant theoretical basis for the following research to pave the way.Then on the basis of in-depth understanding of the theory of China’s current economic and environmental background of the integration of the audit of the status and the existing problems,and from all levels to give a more detailed countermeasures.Finally,the paper points out the key points of integration audit in the audit process with an appropriate case as the breakthrough point,which makes the research of the integrated audit more plentiful,and provides a reference for the operation in practice.