W University Economic Contract Audit Risk Identification And Prevention Research

With the global economic integration and the vigorous development of my country’s market economy,all walks of life are faced with many risks,and whether they can effectively deal with the risks directly determines the survival and development of enterprises.In order to effectively deal with risks,risk-oriented internal audit can help companies identify and prevent risks,and promote companies to continuously improve risk control mechanisms.At the same time,under the background of ruling the country by law,auditing is an indispensable part of my country’s supervision system,and it is also an effective way to achieve the rule of law.General Secretary Xi proposed to expand the breadth and depth of audit supervision,eliminate blind spots in supervision,and achieve full audit coverage.However,under this requirement,the auditors ignored the economic contract itself as the carrier of economic matters based on the income and expenditure of the project funds.Although economic contracts have become an important means of payment for large-scale income and expenditure projects due to their strong legal effect,the problems exposed at this stage show that auditors do not pay enough attention to them.This paper selects W university as the object of study and uses case analysis and questionnaire survey to study the audit of economic contracts in W University.First of all,the economic contract audit and audit risk related research theories at home and abroad are sorted out,forming the research framework and theoretical basis of this paper.Secondly,based on the theory of risk management,principal-agent and process management,and based on the description of the current situation of economic contract audit in W University,the risks in the four stages of economic contract audit are identified through expert interview and questionnaire survey,including the risks of lack of plan and audit plan in the audit plan stage.In the audit implementation stage,the risk of audit oversight,audit scope is narrow and supervision is not comprehensive;In the stage of issuing the content of the audit report,the quality is not accurate,the evaluation is not objective,and the risk of omission of major issues;In the stage of feedback mechanism,there is lack of monitoring,feedback of rectification results,evaluation of non-standard risks,and then analyze the causes of the existence of risks.For the evaluation of risk grade,ahp and fuzzy comprehensive evaluation are combined.Finally,block chain technology is used to construct the application platform framework of economic contract audit,based on improving system construction,improving technology construction as a means,strengthening the construction of auditors as a guarantee,and strive to reduce audit risks.In terms of theoretical research,this paper is a useful supplement to the research on the identification,evaluation and prevention of economic contract audit risks,and to a certain extent solves the problem that economic contract audit risks are difficult to quantify.In applied research,it can help auditors effectively evaluate and deal with the risks of economic contract auditing,and help improve the contract auditing effect of major units.