Research On Audit Risk Identification And Prevention Of Education And Training Enterprises ——A Case Study Of Z Company

For the past few years,there have been many audit failure cases in the capital market,and the voice of questioning the practice quality of accounting firms often appears.As traditional enterprises gradually begin to integrate advanced elements such as Internet technology and big data technology,traditional audit means and audit process may not be suitable for the current audit work,and the corresponding audit risks also increase.It is urgent for accounting firms to reduce audit risk,improve audit quality and enhance investors’ confidence in audit work.At the same time,the research on audit risks should not only be analyzed in the theoretical stage,but must be reflected in the audit practice.Certified public accountants must use more effective methods and more appropriate audit procedures to solve the difficult problems in the practice,so as to reduce audit risks and improve audit quality.For the education and training of enterprise,into the Internet technology elements when certified public accountants audit is part of the traditional audit methods and audit process is no longer applicable situation,combined with the education training enterprise itself exists certain operating risk,makes when certified public accountants audit education training enterprises face higher audit risk.Scholars at home and abroad have done in-depth research on audit risk,but the research on audit risk of education and training enterprises is still in its infancy.At the same time,through combing the relevant literature,it is concluded that the education and training industry has the characteristics of increasingly strict regulatory policies,intensified industry competition,and increased demand for education informatization.Therefore,from the perspective of auditor,paper selects education and training enterprises integrating Internet technology as the background and combines the characteristics of enterprises to analyze their audit risks and put forward targeted preventive measures.To provide some suggestions and reference for CPA to perform audit work.This paper selects Z enterprise,a representative enterprise in the education and training industry,as a case,analyzes the audit risks of Z enterprise,and proposes targeted countermeasures.First of all,through the risk assessment procedure of Z enterprise,we understand Z enterprise and its internal and external business environment,find Z enterprise in the industry competition intensification,enterprise profitability decline,business failure to comply with the sustainable operation risk,the internal environment of Z enterprise caused by the level of significant misstatement of financial statements risk;Risk of material misstatement at the identification level caused by revenue fraud and cost recognition and measurement;The authenticity of the transaction and the revenue cut-off identification is difficult to recheck the inspection risk.And put forward corresponding suggestions for the above audit risks.IT is suggested that auditors should deal with the risk of material misstatement by fully understanding the business risk of the industry,fully evaluating the internal control of enterprises,and preventing the risk of income fraud,strengthen the verification and comparison of scattered data of enterprises,and increase the application of IT technology in the audit process to deal with the risk of inspection.