Reseach On The Risk And Prevention Of IPO Audit Of Agricultural Enterprises

With the rapid development of the national economy and the country's strong support for agriculture,agricultural enterprises continue to grow and develop,and more and more agricultural enterprises will be listed as one of the long-term goals.However,due to the characteristics of industries that are highly vulnerable to the impact of the climatic environment,agricultural enterprises generally have higher operational risks,weaker profitability and unstable performance,and successful listing can not only attract investors,raise funds,but also enhance The company's image and corporate value,in the face of the huge benefits brought by the listing for the enterprise,many agricultural enterprises that are difficult to meet the IPO conditions have a strong motivation for fraud.As the IPO fraud incidents of these agribusinesses are frequently exposed,the accounting firms that provide IPO audit services have also suffered audit failures and have been punished by the Securities and Futures Commission.This will not only reduce the trust of investors in auditing CPAs,but also the entire audit industry will face a very serious credibility crisis,which has greatly affected the healthy development of the audit industry.Therefore,in order to maintain the normal development of the agricultural economy,in order to obtain objective and fair audit results to improve public confidence in the audit industry,in order to promote and maintain the healthy development of the audit industry,how to identify and prevent the IPO audit risk of agricultural enterprises is a top priority.Based on the definitions of audit risks,the causes of IPO audit risks,and recommendations for IPO audit risk prevention,this article reviews the domestic and foreign literature on the causes and prevention of IPO audit risks,introduces the relevant concepts of IPO audit risks of agricultural enterprises,and elaborates Based on the related theories of IPO audit risk,on this basis,the status of IPO audit of agricultural enterprises in China and its main risk areas are introduced.Then,based on the characteristics of agricultural enterprises,in terms of major misstatement risks of IPO audits of agricultural enterprises,the inherent risk factors and control risk factors are mainly analyzed,and the risk of IPO audit inspections of agricultural enterprises is analyzed in combination with cases of agricultural enterprise IPO audit failures in recent years factor.Later,the analysis was applied to the case analysis of Zhenlong specialty IPO audit,and the risk factors of IPO audit in Zhenlong specialty case were analyzed specifically.Finally,it puts forward corresponding suggestions for preventing audit risks of IPO audit of agricultural enterprises based on the audited units,accounting firms,certified public accountants and external supervision.Certified public accountants should pay full attention to the information on the operating environment of agricultural enterprises,strengthen the audit of risk areas,maintain sufficient professional suspicion of fraud and learn agricultural expertise;accounting firms should strengthen research in the agricultural industry,improve their independence and improve project quality Control system;the supervisory level should strengthen supervision and control of the agricultural industry,establish quality supervision departments and improve relevant legal systems,and increase penalties.In view of the lack of research and analysis on the IPO audit risk of the agricultural industry,this article combines the characteristics of the agricultural industry with an overall analysis of the risk factors of the IPO audit of agricultural enterprises,and combines the specific cases for verification analysis.Finally,it focuses on the agricultural enterprise IPO audit.Corresponding risk prevention suggestions are put forward for the risks and causes of the risks.It has certain research significance in the current research on agricultural enterprise IPO audit risks.