Research On Merger And Acquisition Auditing Risk

Since the reform and opening up,in the context of the continuous development of China's economy and the continuous improvement of the capital market,mergers and acquisitions have gradually become an important means for enterprises to expand overseas.They have the characteristics of high efficiency and low cost,and have formed a powerful scale effect.Mergers and acquisitions are transactions that are subject to commercial control.The goal is to increase the competitiveness of the market,pursue synergies,and acquire the company's dominant assets.Due to the complexity of the M&A business itself,the role of M&A audits in the M&A process has become increasingly important.Therefore,the involvement of professional intermediaries in M&A audits becomes an inevitable trend.The scope and content of M&A audits have been expanded compared with general audits.In the M&A audit work,not only the risks brought by the audit itself,but also the risks associated with the M&A business.Therefore,in the process of investigating corporate merger and acquisition audit risk,it is necessary to focus on the identification of these special risk factors and the assessment of risk level.This article examines merger and acquisition audit risk issues and uses a combination of theory and case studies.Firstly,it gives an overview of mergers and acquisitions and auditing risk,which lays a theoretical foundation for the study of mergers and acquisitions audit risk.Second,it analyzes the causes of mergers and acquisitions audit risk,including the social environment,mergers and acquisitions business,and the accounting firm's own three aspects;The risk-oriented audit model includes detailed descriptions of the factors that affect the merger and acquisition audit risk,including the inherent risks of mergers and acquisitions,the control risks of mergers and acquisition companies,and the auditing risk of accounting firms.Based on this,the influencing factor system of M&A audit risk is established,and the countermeasures to reduce the risk of M&A audit are proposed from the macro environment and the firm level.Finally,taking xx corporate mergers and acquisitions as an example,the fuzzy comprehensive evaluation method is used to evaluate the degree of importance of the influencing factors of merger and acquisition audit risk,which is designed to help auditors effectively reduce these risk points.Since the time spent on mergers and acquisitions in our country is not very long,it is still at a stage of development.The research on the theory of audit risk in mergers and acquisitions is still not mature enough,and some issues need to be analyzed in detail.Therefore,it is hoped that based on the research of M&A audit theory,this article can play a guiding role in the practical work of mergers and acquisitions and reduce the risk of M&A audits.