Research On Optimization Of Auditing Procedures For Hidden Liabilities Of Listed Companies

Hidden liability is an empirical term for some under-disclosed corporate obligations.It is one of the commonly used means for companies to modify financial statements and cover up risk-based economics.Therefore,it is often cited in listed companies' audits,corporate mergers,and commercial loans.and.In the current economic and financial context,hidden debts have caused incidents of corporate business crisis to appear more and more frequently in the public eye.However,hidden liabilities have the characteristics of complex concept definition,diverse means of implementation,and rapid development and evolution,and it is difficult to become a clear static concept.Therefore,it is still rare to study the audit of hidden liabilities in the auditing academic circles.The relevant legal systems and accounting standards are also relatively empty.In this paper,the author examines how CPAs should use appropriate audit procedures to deal with hidden liabilities.This paper is divided into seven chapters.The first chapter is the introduction,which determines the research background and significance,research ideas and methods,and research innovations.The second chapter is the literature review.In this chapter,the evolution of the basic concepts of hidden liabilities is summarized firstly,and the core principles of hidden liability judgment are summarized.Then the existing auditing strategies for the hidden auditing of hidden liabilities are carried out.A review and a brief description of the relevant concepts of the audit process.The third chapter is the concept definition.Firstly,based on the basic judgment principle of hidden liabilities,the narrow definition of hidden liabilities is given.The definition introduces the three elements of auditing hidden liabilities,and three levels of hidden liabilities.Classification.The fourth chapter is a step-by-step audit procedure for hidden liabilities.The corresponding step-by-step audit procedures are proposed for the six characteristics of hidden liabilities analyzed in Chapter 3.The fifth chapter is case analysis.It reorganizes two cases in which CPAs encounter hidden liabilities.According tothe four-stage analysis method of auditing procedures,the auditing procedures used by CPAs are analyzed.The sixth chapter is the establishment of the overall auditing procedure.The three-level step-by-step auditing procedures of hidden liabilities are combined.Combined with the research on the defects of auditing procedures in Chapter 5,a complete auditing procedure is proposed.The seventh chapter is the conclusion and outlook.This paper constructively proposes the standardized definition of hidden liabilities,and gives suggestions for improving existing audit strategies by analyzing representative cases,and summarizes the corresponding audit procedures,which has certain guidance for specific practical work.significance.