Analysis And Countermeasures Of Auditing Risk Of Agricultural Companies

Throughout the world,financial fraud is a matter of concern.Li Ruoshan believes that in the 21st century,the impact of financial fraud on the global economy has reached its peak.In China,financial fraud has continued from the birth of the capital market and continues to this day.Although it suffered criticism from the market,criticisms from experts and scholars,and strict rectification at the supervisory level,it seems to have little effect but has become increasingly fierce.Among them,the corruption cases of agricultural companies are particularly noticeable.The research question in this paper is how to analyze and respond to the audit risk of agricultural companies' financial fraud.How to use the unique risk characteristics of agricultural companies and from what aspects to prevent auditing risks of agricultural companies in order to minimize the possibility of audit failure,domestic and foreign relevant external regulatory agencies do not have a unified standard.In China,since 2007,modern risk-oriented audit theory has been widely used.However,judging from the failure cases of agricultural companies auditing in recent years,the application of the new auditing method has not fundamentally reversed the frequent occurrence of financial fraud in agricultural companies.The root cause is not the ineffectiveness of the new audit method,but rather the fact that CPAs did not closely integrate this new auditing method with the unique risk characteristics of the agricultural companies in China when auditing agricultural companies.As a result,CPAs have failed to fundamentally prevent auditing risks of agricultural companies.Therefore,under the current situation,in order to effectively deal with the severe challenges brought by the financial fraud of agricultural companies to certified public accountants,the research on auditing risks in the agricultural industry is particularly important.Based on a large number of domestic and foreign documents and the most relevant and authoritative relevant laws and regulations in recent years,this article first elaborates the characteristics of financial fraud in agricultural companies,based on the basic ideas of modern risk-based auditing and the meaning of audit risks.Under this premise,the general causes of audit risk are analyzed.Then,the specific audit risk points in China's agricultural companies are analyzed in various aspects in light of the reality of China's agricultural industry,and detailed analyses have been made in recent years in our country.The basic features of the fraudulent measures used in the financial fraud cases of a series of agricultural companies in the capital market,and finally on this basis,put forward the audit risk response measures from the perspective of the certified public accountants,and took advantage of case studies such as the agricultural company Shen Xianyuan.These proposed measures are applied to the audit risk prevention process.Through case analysis,it is found that these proposed measures have higher efficiency and effectiveness in dealing with related financial fraud risks.The research objectives of this paper are:(1)Starting from multiple agricultural companies,conducting case studies,and studying the financial fraud audit risk points of agricultural companies;(2)Combining the causes of financial fraud in agricultural companies,combining Modern risk-oriented auditing theory proposes measures and measures for auditing risks of agricultural companies.The research case of this article has a certain representativeness.The analysis and proposed countermeasures suggest a certain reference role for agricultural companies in preventing audit risks,and reduce the level of auditing risk in China's agricultural industry and promote the healthy development of the agricultural industry.To ensure the smooth operation of the social economy also has certain practical significance.