Case Research On IPO Audit In A Company Of Baker Tilly China

With the rise of Internet sales and Internet finance in China,more and more companies have hit capital market with the help of Internet technology.Capital market provides a way for more "Internet +" enterprises to go public and raise funds,which also brings great challenges to IPO audit.How to use risk-oriented audit to effectively avoid the audit risk of IPO project,improve audit efficiency and audit quality,become the focus of certified public accountant in China.Based on the above,this paper,from the perspective of risk-oriented audit,makes an in-depth case study of the Baker Tilly China's IPO audit of A company.This paper studies on Baker Tilly China's IPO audit project of A company.Firstly,the IPO audit related concepts and theories are systematically expounded.Then the basic situation of Baker Tilly China's IPO audit of A company is introduced in detail,and several problems during the IPO audit process,are summarized.Those problems are the overall business risk of A company lacking of in-depth analysis,the insufficient application of analytical procedures about IPO audit differences,relying too much on substantive tests during IPO audit.Next the main reasons of the problems above are found.Fnally this paper puts forward five improvement suggestions:reasonably dividing the risk-oriented audit process of Baker Tilly China's IPO audit project;improving IPO audit guidelines of e-commerce companies;strengthening the introduction and cultivation of information system compound audit talent;efficiently allocating human resources of IPO audit project;increasing the input of information system auditing software.This paper aims to provide improvement measures to help the Baker Tilly China in its IPO audit project from the perspective of risk-oriented audit,so as to improve the efficiency of IPO audit without reducing audit quality.