Education And Training Enterprise (H Company) Audit Risk Prevention Research

Audit quality is the ultimate embodiment of the audit work and one of the most important considerations in the audit process.However,in recent years,audit failures and financial fraud cases have been exposed,and the audit quality of CPAs has been controversial.As the complexity of the business becomes higher,the audit risk increases.At present,audit risk has become an inevitable topic for relevant auditors in the industry.Controlling audit risk and improving audit quality are also an important part of the scale of China’s accounting firms.The attitude towards audit risk can’t just stay at the theoretical research level.What we need more is to seek more effective audit methods or audit tools to solve some real problems in practice.Only by solving the actual audit risk can the audit quality be fundamentally improved.Therefore,this paper starts from the auditing verification service,analyzes the audit risk points based on the education and training enterprise,combines the auditing procedures of the registered accounting and the business characteristics of the enterprise,and proposes corresponding countermeasures.Provide some suggestions and references for the audit work in practice.Most of the previous studies analyzed the audit risk of the firm from the scale of the firm,internal control,audit fees and the number of certified accountants,but did not pay much attention to the audit risk in the CPA audit process.Most of the analysis stayed at the macro level and talked about audit risk as a whole,and did not implement it to specific enterprises,especially education and training enterprises.The research idea of this paper is to study the specific problems from the perspective of audit risk,using H company as an example,using modern risk-oriented audit theory and principal-agent theory,combined with the business model and characteristics of the enterprise,from the risk of material misstatement and risk detection.Starting from the level,analyze and summarize its unique audit risk points.After analyzing from multiple angles,it sums up the risk of material misstatement and the risk of inspection and training enterprises.Among them,the risks of material misstatement include income accounting risk,cost accounting risk,and definition of continuing operations.Checking risks include:the authenticity of customers and income is difficult to verify,the income cut-off is difficult to identify,and the CPA lacks effective auditing methods and auditing talents.Finally,combined with the specific characteristics of the education and training industry,the corresponding countermeasures are proposed from the above two levels.The research value and enlightenment significance of this paper:Audit risk has always been an enduring topic in the industry,and it is an issue that all accounting firms cannot avoid,and it is especially important for the quality of auditing.With the intensive occurrence of IPOs in education and training enterprises,the relevant theories are combined with the analysis of the main business models and characteristics of education and training enterprises.The risk of auditing is discussed from the perspective of industry,and the theoretical system related to auditing risks is perfected for the whole education.The audit work of the training industry has certain reference significance.