The Research On Quality Management Of Modern Risk-oriented Audit

Following the trend of the broadening audit risk, the method of Modern Risk-oriented Audit has been taken to resolve the complicated audit risk for the public accounting firms and auditors. It has been proved in practice by the foreign studies that the Modern Risk-oriented Audit is efficient and scientific. Correct implementation of Modern Risk-oriented Audit will play an important role in helping public accounting firms to avoid the audit risk totally and systematically by strengthening audit quality management. The theory of quality management is introduced into the Modern Risk-oriented Audit in this paper for constructing the new quality management system that adapting to the new Audit method for the Public accounting firms. Firstly, the general theory of the Modern Risk-oriented Audit, the concrete audit methods, the audit program and the theory of quality management are discussed. Then, the factors that affecting the audit quality, the relationship between audit quality and audit risk are analyzed and an effective method of solving the low audit quality is presented. At last, a quality management system for improving audit service quality is constructed from the angle of Public accounting firms. Also, the audit quality management based on two risk levels and the full implementation of three-level organization management in Public accounting firm are explored.There are many differences in the way of working between the Modern Risk-oriented Audit and the traditional Risk-oriented Audit. As a new audit method, it is a big creation based on system theory and strategy management theory. And now, it is the most important thing to use the new audit method and attain the expected effect in practice. Considering the fact in our county, we should devote ourselves to research the audit quality management and make sure that the method of he Modern Risk-oriented Audit is carried out correctly.