Research On The Audit Judgment About L Company's Value Measurement Of Second-hand Equipment

With the construction machinery industry entering the transformation and upgrading period,second-hand equipment business has gradually become a new profit growth point for construction machinery companies.In general,the valuation of second-hand equipment is the key of second-hand equipment business and requires the company to make reasonable judgments.Some companies may perform earnings management on the basis of choosing different pricing models for second-hand equipment.In recent years,many scholars have begun research on "audit judgments on the value measurement of second-hand equipment." Therefore,this paper give a research on the audit judgment about L company's value measurement of second-hand equipmentThis paper is based on value measurement theories and analyzes the necessary elements of audit judgment.Taking L company as a case,we analyze how the auditors make audit judgments and the difficulty in the determination of second-hand equipment value measurement projects.This paper analyzes the internal and external reasons for the impact of audit judgements and gives three suggestions to improve audit professional quality that establish a database of second-hand equipment,improve audit judgment standards,and enhance the auditor's audit judgment ability.Through those methods,it enriches audit judgment research and emphasizes the importance of information acquisition in the audit judgment process and improve the ability of the audit judgment.This paper provides certain reference significance for other construction machinery enterprises,provides a case for future audit judgment research,and also provides different perspectives for the future audit judgment improvement research.