Research On Audit Risk Of M&A Of Listed Companies

Nowadays,economic and trade exchanges around the world are becoming more frequent,and companies from all over the world are facing greater pressure from the international market.M&A is a trading method that can play a huge role in pursuing the expansion of market scale,enhancing synergy and acquiring other enterprises' superior resources.More and more appear in commercial activities.While mergers and acquisitions bring high returns,they also face high risks.In order to reduce risks in M&A activities,enterprises often hire professional institutions such as firms to help companies obtain real and objective information,and provide professional advice to guide enterprises to make correct M&A decisions and reduce resistance in M&A transactions.However,due to the particularity and complexity of M&A activities,the audit work brings risks that are different from the audit of general financial statements.How to identify and prevent these M&A audit risks in the audit work has become a very important issue.This paper firstly sorts out the research results of audit risk and M&A audit risk,and then defines the related changes of M&A,M&A audit risk,etc.,and builds on the risk-oriented audit theory and the existing audit risk model.The M&A audit risk model.The M&A audit risk is divided into major M&A risk and inspection risk.The M&A risk is divided into three parts: M&A risk,M&A preparation stage audit risk,M&A implementation stage audit risk,M&A integration stage audit risk.Then,based on the M company's M&A S company,based on the M&A audit risk model constructed in this paper,the M&A audit risk exists and the shortcomings of the firm and the response measures are pointed out.At the end of this paper,combined with the case of H company mergers and acquisitions,it puts forward some suggestions for the firm to deal with the risk of M&A audit.I hope to provide some reference for future M&A audit work.Mergers and acquisitions is a high-risk trading activity.It is recommended that auditors should understand the M&A environment and M&A objectives during the M&A preparation stage.On this basis,the overall status of the M&A enterprises will be evaluated to determine whether the M&A target enterprises are suitable..In the implementation stage of M&A,auditors should maintain skepticism to do asset evaluation and assist companies to improve their contract terms to protect their own interests.In the integration phase of mergers and acquisitions,auditors should propose a smooth and excessive personnel,pay attention to the recommendations of corporate culture management integration.