The Research On Audit Risk Control Of Internet Of Things Platform Service Provider

With the rapid development of Internet technology,the concept of "Internet of things" came into being.As the name implies,the Internet of things is intended to realize the connection between things,transforming the original computer terminal into embedded computer system and its supporting sensors,which is the inevitable result of the development of science and technology.In order to catch up with the tide of science and technology,a group of Internet of things platform service providers that use Internet of things technology to provide application platforms and follow-up services for automobile,logistics,finance,insurance and government industries have sprung up.This type of company is obviously different from the traditional company in terms of business,technology and operation mode.Based on this,the core research question of this paper is: how to control the risk of accounting firms in the audit process of Internet of things platform service providers? Under the core research questions,this paper will also answer the following three questions:(1)what kind of special audit risks are caused by the industry characteristics of Internet of things platform service providers?(2)Which audit stage should accounting firms start to control risks?(3)What methods can be used for risk control?Research status and characteristics of this paper: in terms of the definition of Internet of things platform,due to the initial stage,the research of domestic scholars is relatively lacking.It can be concluded from the existing research that the Internet of things platform is a platform established by the Internet of things platform service providers in order to earn the difference between the telecom operators and customers,and provide the business of Internet of things services.In the aspect of audit risk control research,scholars at home and abroad have roughly formed a relatively complete theoretical system,mainly focusing on the influencing factors of audit risk and the control measures of accounting firms on audit risk.However,few literatures reveal the key to risk control of accounting firms for Internet of things platform service providers.However,if we don't pay attention to the research on audit risk control of Internet of things platform service providers,when more and more Internet of things platform service providers join the industry,it will bring great challenges to the audit quality of accounting firms.Therefore,we need to take precautions to build the theoretical body of audit risk control research for Internet of things platform service providers to guide the practice.This paper goes deep into the audit process of accounting firms and runs through the whole audit process.Focusing on the audit risk control of the emerging Internet of things platform service providers,this paper explores the changes that need to be made in the aspect of risk response in the face of new types of enterprise accounting firms to complete high-quality audit.Research ideas and research methods: This paper uses risk oriented audit theory,information asymmetry theory,risk management theory and domino theory,from the perspective of accounting firms,starting with the industry characteristics of Internet of things platform service providers,running through the whole audit process,focusing on the special audit risks caused by different business characteristics from other types of enterprises,and summarizing the audit Based on the successful experience of this type of enterprises,the shortcomings in the audit process are evaluated.This paper aims to strengthen the research objectives of accounting firms' risk control in the audit process of Internet of things platform service providers.The research finds that:(1)Internet of things platform service providers,due to their ubiquitous and integrated business characteristics,will cause the inherent risks of information and network data security,reliability reduction,and the difficulty of effective management of business data,which are different from those of traditional enterprises System risk,with it,the inspection risk of accounting firms is also greatly increased.(2)Accounting firms need to start from the audit plan,pay attention to their special risk points and strengthen the risk control of this type of enterprises.(3)Accounting firms can control the specific audit risk of Internet of things platform service providers by understanding the industry status and legal regulatory environment of Internet of things platform service providers,analyzing the business characteristics of Internet of things platform service providers,using computer audit technology,focusing on the integrity of cloud server storage data,etc.The significance of the research value and practice of this paper lies in that through in-depth analysis of the real audit cases of Internet of things platform service providers,throughout the audit process,mining the audit risks of Internet of things platform service providers that are different from those of other industries in the audit process,refining the key points that accounting firms should address these risks,reflecting the characteristics of audit of emerging Internet of things platform service providers,and Put forward effective suggestions for the same type of enterprises,and provide practical guidance for accounting firms to audit this type of enterprises.