Research On Audit Risk Management Of Zhenlong IPO

Agriculture provides a strong support for national economic development,is the basis for the development of other industries,and plays an irreplaceable role in China.With the continuous development of the economy and the support of national policies,the number of agricultural companies' IPO listings is increasing,while the problem is also increasingly apparent.Due to the inherent particularity of agricultural enterprises in the audit process,which has a vital impact on the healthy development of the national economy,the audit risk management of agricultural companies has become particularly important.Audit plays an irreplaceable role in the process of enterprise operation.The authenticity,accuracy and effectiveness of financial statements themselves are crucial to the quality of audit.As non-operators,most of the public analyze the operation status,resource status and future development direction of enterprises through financial statements issued by enterprises,and then decide whether to invest or not.Therefore,the audit of financial statements is very important,and how to ensure high quality audit reports is a problem that every auditor should consider.Audit report is a written document issued by certified public accountants according to auditing standards and a series of effective auditing procedures.In the whole process of auditing procedures,auditing has various risks.According to the latest national standards,auditing risks can be roughly divided into major misstatement risks and inspection risks.According to the real situation of the company,it is the duty of every auditor to select the appropriate audit strategy,implement the appropriate audit procedures to collect audit evidence,identify audit risks,and make reasonable audit reports on this basis.On the basis of theoretical research,this paper combines specific cases to discuss and analyze,so as to improve the pertinence of the problem.Firstly,the paper introduces the concepts and literature review of audit risk and audit risk model.Then,through the analysis of the major misstatement risk and inspection risk of Zhenlong specialty,the paper discusses the audit misconduct of audit institutions in the audit process,and finally puts forward specific measures and suggestions to prevent audit risk.