A Case Study Of Z Company's External Audit Risk Prevention Under The Financial Sharing Platform

Enterprises have the desire to become stronger and bigger in the process of operation,but after they are strong,enterprise groups will have some "big enterprise diseases" more or less,such as high cost,weak group management and control,complex business process and so on.The practice of Financial Sharing Service Center has been decades,but domestic exploration started late.With the development of modern information technology and artificial intelligence,as well as the requirements of national policies and macro-economy,Financial Sharing Service Center has increasingly become a way for large enterprises to solve cost and control problems.Financial Sharing Service Center,a new financial management mode,has also brought a lot of influence to the audit work.For firms,it is necessary to adapt to the audit needs of the new business management model.Therefore,it is very meaningful to study the audit risk of firms in the mode of Financial Shared Service center.Based on this,this paper takes the case analysis as the research method.After sorting out the relevant literature,firstly,it summarizes the relevant theoretical basis for the implementation of enterprise audit under the financial sharing platform,including the synergy theory,system integration theory,process reengineering theory and scale effect theory.Then,combined with the situation of the case company and the status quo of the financial sharing service center,this paper analyzes the major major misstatement risks and inspection risks in the audit process of the case company under the financial sharing platform.Through the analysis the auditor team found that in the audit of Z company under the financial sharing platform the general material misstatement risk including the use of the information system,the internationalization of enterprise management,new financial management mode,etc.,while the special material misstatement risk including the nature of the business in Z company,the execution of internal control and internal communication factors.The general detection risk including the information system audit,the audit communication,the audit management system,etc.While the insufficient investment in audit,the no-checking of raw materials and so on are related to special detection risk.And combining the actual situation of case company to analyze its reasons.Finally,this paper summarizes the measures of A accounting firm to deal with audit risks,including paying attention to information system audit and strictly implementing audit procedures,then puts forward optimization suggestions such as using expert work and improving the technical level of auditors.The conclusion of this study is that,with the mode of Financial Sharing Service Center becoming the major trend of the mode of financial management transformation of large enterprises,it brings challenges to firms and opportunities for firms to develop at the same time.With the establishment of Financial Sharing Service center,auditing can rely on the large data platform of sharing center,which puts forward higher requirements for auditors' ability of data mining and data analysis.At the same time,the security and confidentiality of information also require auditors to improve their technical level.The new business process under the new financial management mode also requires auditors to improve the previous audit techniques and methods and optimize the auditor team.The audit under the mode of FSSC enables firms to deal with the audit risks of enterprise group auditing in advance under the new mode,strengthen internal learning and training,optimize the auditor team,and improve audit procedures to cope with the new situation under the new financial management mode.The innovation of this paper is that it enriches the case study data of combining enterprise under the financial sharing platform and audit risk,and provides convenience for others' research in the future.