Research On The Impact Of Asset-light Strategy On The Audit Risk Of Express Industry

Asset light operation is an operation strategy driven by value.The basic content is that enterprises pay attention to the investment of patents,technologies and other intangible assets through innovative links such as product design,technology R&D and brand construction,and occupy a leading position in the industrial chain according to their own advantages,so as to use their own resources to integrate upstream and downstream resources,It provides the possibility for the realization of rapid expansion of enterprises,and has been widely used in the express industry.Under the asset light operation mode,the audit content,internal and external environment and key risk points of the audited unit are different from the traditional mode,which also brings great challenges to the work of auditors.However,there is still a lack of research on the impact of asset light operation mode on audit risk in the existing research.Therefore,based on the remarkable characteristics of asset light operation mode,this thesis studies its impact mechanism on the audit risk of express industry,and puts forward suggestions on how to deal with the identified audit risk.Focusing on the express industry,the asset light operation mode is as follows:(1)rapid expansion relying on the franchise mode;(2)Actively explore the extension of industrial chain;(3)In terms of assets,mainly leasing.According to the characteristics of asset light operation mode,this thesis identifies its impact path on audit risk:In terms of the risk of material misstatement at the level of financial statements,the possibility of loss of strategic information and the uncertainty of strategy formulation have increased the strategic risk of the enterprise.The highly homogeneous products and services,the continuous price war between enterprises,the reduction of customer stickiness and the inherent disadvantages under the franchise mode of business outlets have increased the risk of sustainable operation of the enterprise,and the weak control ability of end outlets The prominent characteristics of data and the deep-rooted family business increase the risk of internal control;In terms of the risk of major misstatement at the identification level,the scattered outlets and close relationship with related parties have increased the risk of income identification of the enterprise,the sharp increase of operating costs and frequent acquisition and sales have increased the risk of cost identification,and the light assets such as goodwill and intangible assets,as the core resources of the enterprise,require auditors to pay more attention to the risk of light assets identification;In terms of inspection risk,on the one hand,the limitation of small sample sampling under traditional audit makes it difficult for auditors to verify the authenticity of frequent small transaction data.On the other hand,the development of operation mode and Internet urges auditors to strengthen knowledge reserve and information technology application.In view of the identified risk points at all levels,this thesis also puts forward the following countermeasures:For the risk of material misstatement at the level of financial statements,auditors should focus on the enterprise strategic level,learn from the idea of strategic audit,pay attention to the operation risk of asset light operation mode,and be vigilant against the internal control risk of information system,for the risk of material misstatement at the identified level,auditors can consider using data analysis technology for multi-dimensional data matching and introducing third-party data and third-party experts;For inspection risks,we can actively promote the investment of "block-chain+big-data"to promote the full coverage of audit.At the same time,auditors should also actively improve their professional competence to meet the new requirements.