Case Study Of Modern Risk Oriented Auditing Based On G Company

In today's world,the booming of the economy and the advance of globalization makes the enterprises face more complex internal and external environment,these changes bring to enterprise development opportunities at the same time,also produced a large number of business risk and the potential financial fraud,at the same time also brings to the certified public accountants audit risk is more and more big.In the case of ensuring independence,risk-oriented audit will be more attention and choice.Certified public accountants should carry out risk awareness throughout the audit process,take enterprise strategy analysis as a breakthrough,and analyze the risks of enterprises through understanding internal and external business environment,so as to better perform the audit.Summary of this paper selects the theory and case analysis method of combining the,sums up the concepts of modern risk-oriented audit,annual report to L & G cement company as the research object,audit practice work in turn from G cement company operating environment investigation and analysis,risk assessment and risk response,audit plan,the formulation and implementation of these aspects,and analyses the modern risk-oriented audit implementation in G cement company annual audit.After analysis,it was found that there were some problems in the audit process,such as insufficient risk assessment based on the current situation and development prospect of cement industry,inadequate analysis of G company's operating conditions,weak risk control awareness of auditors,and non-standard application of control testing and substantive procedures.In view of these problems,Suggestions are put forward,such as strengthening the understanding of business environment from inside and outside,implementing the process of risk assessment and response,paying attention to the cultivation of comprehensive quality of auditors,carrying out reasonable division of audit work,improving the formulation of audit plan,and standardizing the substantive procedures.