| In recent years,large-scale firms such as Ruihua and BDO have been jointly punished by the Ministry of Finance and the CSRC for errors in audit risk management,which has seriously reduced their influence and the trust of all sectors of society in the independence of accounting firms.Some large firms are difficult to balance between the rapid expansion of their business and their ability to withstand audit risks.It means that the audit risk management of the firm is urgent.At the same time,the audit business,as the most important business segment and revenue source of the firm,faces multiple risk shocks brought by business development,new economic norms and emerging technologies.In the environment where opportunities and challenges coexist,how to accurately identify audit risks and gradually implement effective defense and improve audit risk management and control efficiency have become important challenges and key issues that large firms must face when conducting audit business.This paper combines the case study method with Data Envelopment Analysis(DEA)to study the relevant documents of auditing risk management and control of accounting firms,and based on internal control,risk management and firm audit risk management related theories.Audit risk management and control customer acceptance,business execution,quality control three stages of each sub-stage and multi-stage comprehensive efficiency analysis,verify its effects,explore its role,and compare industry efficiency,identify benchmarking firms.Then,based on the field interview data,choose A accounting firm with large scale and influence,and risk management and control issues to conduct case analysis,through project audit risk management and control process analysis,and comprehensive audit risk management and control benchmarking analysis.Study the status quo,problems and causes of the risk management system construction,and optimize the risk management and control efficiency from the two aspects of the firm’s own risk management and control and multi-agent joint management.The research results show that the overall risk management and control efficiency of China’s overall firm is nearly effective.The quality control stage has the greatest impact on the overall risk management and control efficiency.It is a key step for the firm to improve the efficiency of audit risk management,and the risk control efficiency of the business execution stage is The firm’s risk management efficiency industry gap plays a key role.Through the research of A accounting firm,it is found that its risk management and control efficiency is high in the business acceptance stage,but it is lower in the stage of business execution and quality control,which directly leads to its disadvantage in the industry comparison.In order to improve the efficiency of its audit risk management and control,within the firm,it should pay attention to the quality and independence of business undertaking,the risk management of business execution and fully implement the quality system in business review within the risk management and control level of the project,and pay attention to the comprehensive risk management and control level.Cooperation of human resources,branch management,information technology and risk management.In addition to the governance of the firm,customers in the joint industry,other firms and regulatory agencies can establish a fully covered customer to establish a dynamic risk management mechanism for customers,establish a shared information base and an “Internet +” audit center,etc.Full process,multi-agent risk management and control to improve risk management and control efficiency. |
