Prevention And Control Of Audit Risk In The HX Firm

With the development of market economy,enterprises are facing more and more challenges and difficulties,among which the audit risks faced by accounting firms and signed certified public accountants are increasing.In recent years,in the field of financial security,there have been a series of financial fraud incidents in succession,whether it is Green Earth Biotechnology Co.,Ltd.,Shanxi Tian Neng Science and Technology Co.,Ltd.,or Hunan Sheng Jing Shan He Biotechnology Co.,Ltd.The financial fraud exposed by these listed or preparing enterprises has had a great negative impact on the audit industry,and the public has gradually lost the trust of accounting firms and signed certified public accountants.Some businesses have even closed down as a result.Therefore,at present,audit risk is a key problem to be solved urgently by accounting firms and certified public accountants.It is also an important part of perfecting the management system of accounting firms and improving the level of safe operation of enterprises.Taking HX accounting firm as an example,this paper probes into the present situation of audit risk management of HX accounting firm and the reasons for the formation of audit risk.On this basis,the paper puts forward how to strengthen the audit risk prevention and control scheme of HX accounting firm,and the preventive measures to ensure the smooth operation of the scheme.This paper is divided into six parts:The first part is the introduction part,which mainly includes the background and significance of the audit risk of accounting firm,and the current situation of the research on audit risk and audit risk of accounting firm at home and abroad.Based on this,the research direction and content of this paper are clarified,and the research methods and innovation points are also included.The second part is an overview of the theoretical basis and related models.This paper is based on the concept of audit risk and the related theories about audit risk management.The model of audit risk,the model of audit business judgment and the fuzzy comprehensive evaluation principle are the practical models to be applied in this paper.It is helpful to analyze the related factors of audit risk and improve the academic level.The third part analyzes the current situation and main problems of audit risk management in HX accounting firm,aiming at the risk point of general audit procedure.The audit risk of HX accounting firm is not only the problem of individual accounting firm,but also the common problem of other accounting firms.The fourth part identifies the audit risk of HX accounting firm from the stage of business undertaking,the stage of audit plan,the stage of audit implementation and the stage of report issuance,so as to quantify the point of audit risk.Improve the research on audit risk of HX accounting firm.The fifth part constructs the index system of audit risk assessment of HX accounting firm,and quantifies audit risk by designing audit risk index,assigning index weight and evaluating audit risk.In the sixth part,according to the results of audit risk assessment,the author formulates the plan of audit risk prevention and control,aiming at audit risk prevention and control,audit environment risk prevention and control,audit object risk prevention and control and audit subject risk prevention and control,so as to construct all aspects.Multi-dimensional audit risk prevention and control system not only serves HX accounting firms,but also has reference value for other accounting firms.