Research On Audit Risk Of JH Group From The Perspective Of Certified Public Accountants

With the rapid development of China's capital market,enterprises raise funds to meet their own development needs,and publicly raising funds in the capital market has become an important way for enterprises to seek funds.Enterprises mainly achieve the purpose of listing enterprises from two ways: IPO and backdoor.The strict requirements of IPO listing prompted companies to switch to a backdoor listing.Since 2003,it has been statistically learned that over 300 years,a total of 300 companies have achieved the purpose of financing through backdoor listings.However,many companies have experienced a sharp decline in corporate value after listing on the backdoor,which has seriously damaged the interests of investors.The failure of the backdoor listing transaction not only seriously damages the interests of investors,but also the accounting firms and certified public accountants involved in the backdoor listing audit also need to bear the responsibility of audit failure.Therefore,in order to prevent the failure of backdoor listing audit,it is very important for CPAs to effectively identify the audit risk of backdoor listing when performing audit business and take appropriate precautionary measures to reduce the risk of backdoor listing audit.This paper selects JH Group's backdoor listing failure case as the research object,and studies the relevant backdoor listing audit risks in JH Group's backdoor listing cases from the perspective of certified public accountants and with the audit risk model as the analysis framework.This paper is mainly composed of seven parts: The first part is an introduction,which mainly introduces the research background and significance of this paper and explains the research content and methods of this paper.The second part is a concrete exposition of the concepts of audit risk and backdoor listing audit risk.The third part is a brief introduction of JH Group and a review of its backdoor listing audit events.The fourth part is an analysis of the risks that exist in the process of listing audit of JH Group by certified public accountants.The fifth part is to analyze the causes of audit risks of JH Group's backdoor listing.The sixth part is the countermeasures against the audit risks of JH Group's backdoor listing.The seventh part is the conclusion to summarize the full text.The study of JH Group's backdoor listing audit cases in this paper is of great significance for standardizing the backdoor listing audit process in China,reducing the backdoor listing audit risks,improving the audit practice quality and promoting the sustained and healthy development of the capital market.