Research On The Income Audit Risk Of Online Game Companies Under The New Income Standards

In the 21st century,the speed of computer hardware iteration is accelerating,and the performance of electronic machines is higher.The era of online games has developed rapidly.Various game companies and various game products have exploded.With the advent of smart phones and the trend of fragmentation of people’s time,online games have become more pervasive in people’s lives,and the group size of online game users has been further expanded.With more portable mobile terminals and diverse payment methods,the development of the game industry has reached an unprecedented level.Based on the actual situation of the current stage of the development of the socialist market economy,the Ministry of Finance has revised the Accounting Standards for Business Enterprises No.14-Revenue.The new revenue standard distinguishes between different revenue recognition models but no longer distinguishes between types of businesses.The new revenue standard regards whether control is transferred as the standard for revenue recognition.Only when an enterprise no longer has the remaining obligation to transfer goods to customers and the consideration already received does not need to be returned can it meet the revenue recognition criteria.This article will take the income audit of GT Online Game Company conducted by PY Accounting Firm as the research object,with the intention of deeply exploring the implementation of the current online game industry under the new income standards and possible audit risks,and providing some help for subsequent theoretical research and more reasonable audit program design.The first part of this article mainly introduces the research background,significance,literature review,research methods,and research framework of this article.The second part mainly defines and introduces the relevant concepts and theories involved in the article’s analysis.The third part introduces the situation of PY accounting firm and the current situation of revenue audit of GT online game company.The fourth part introduces the revenue composition of GT Online Game Company,the operation mode of game products,and the difficulties encountered by the auditing agency PY Accounting Firm when auditing the revenue of GT Online Game Company under the new revenue standards.The fifth part introduces the identification and analysis of major misstatement risks and inspection risks of GT online game companies under the new revenue standards.The sixth part introduces the audit risk countermeasures taken by the certified public accountants of PY Accounting Firm to deal with the income audit of GT Online Game Company,and proposes universal suggestions and countermeasures based on the actual situation of GT Online Game Company and the characteristics of the online game industry.The last part is the conclusion and outlook.Summarize the content of the article,summarize the research deficiencies and future prospects.This paper puts forward targeted suggestions on the Audit risk of GT online game company identified by PY accounting firm,with the intention of providing ideas and references for subsequent relevant theoretical and practical research.