Research On The Audit Risk Of High-tech Enterprises Of Listed Companies

According to the report of the 19th National Congress of the Communist Party of China,our country’s economic development will pay more and more attention to the demand for development quality.Improving the quality of economic development is inseparable from the development of scientific and technological innovation capabilities.In addition to vigorously developing national scientific research projects,high-tech enterprises,as knowledge-intensive enterprises,also play a vital role in the process of building a modern economic system in our country.The development of high-tech enterprises will provide a powerful boost to the reform of our country’s real economy.Nowadays,the state proposes to "mass entrepreneurship and innovation",vigorously support high-tech enterprises,and provide various preferential policies,such as tax incentives,relevant state subsidies,and conditions that are more conducive to listing on the GEM.Therefore,it is not difficult to predict that the number of high-tech enterprises will continue to rise in the future.At present,most of the audits of high-tech enterprises are aimed at special audits.In the past,when accounting firms conducted annual audits,due to relatively little contact with high-tech enterprises,CPAs usually did not have a focus when practicing,and most of the audit procedures implemented were applicable.For traditional manufacturing enterprises.In fact,the characteristics of high-tech enterprises and traditional manufacturing enterprises are quite different.For example,high-tech enterprises have the characteristics of large capital investment demand,strong innovation and strong business risks.If a certified public accountant conducts audits on high-tech enterprises in the same way,it is very likely that many risk points will be ignored,and the audit risk will be greatly increased.In this context,the research question of this article is: based on the analysis of high-tech enterprises and their auditing status quo,research on the countermeasures to their audit risks.Research ideas: Taking the audit risk of high-tech listed companies as the main research object,closely combining theoretical foundations and specific cases based on case analysis,and using audit risk models to conduct research throughout.First of all,this article sorts out the relevant research results of scholars at home and abroad.Secondly,it summarizes the industry characteristics of high-tech listed companies,and on this basis,uses the audit risk model to analyze the audit risks of high-tech listed companies from two aspects: major misstatement risk and inspection risk.Thirdly,this article continues to use the audit risk model and conforms to the logic of the previous article to specifically analyze the case of GOLDEN GLASS,compare and analyze the characteristics of high-tech listed companies,and combine the previous theory with actual cases.Finally,some targeted countermeasures are proposed for the audit risks of high-tech listed companies.Innovation and significance of this article: It is not an audit risk analysis for traditional manufacturing enterprises,and is different from audit risk analysis applicable to the entire industry.This article summarizes the unique risk points of high-tech listed companies and combines actual cases to break away from the previous special projects.To determine the audit,but to analyze these risk points from the standpoint of the CPA’s annual audit.Allows CPAs to pay more attention to those areas that are prone to financial fraud when time and audit resources are limited,saving audit resources and time costs.The shortcomings of this article are that it cannot obtain the internal financial data of GOLDEN GLASS for analysis,nor can it know the specific audit procedures implemented by the firm,and the selection of cases has some industry limitations.