Research On The Theoretical System And Application Of Modern Risk-oriented Audit Approach

Because of the impulse for profit and the external expect of an enterprise, the chance and pressure of enterprise financial cheat are increasing, so that the failed cases of audit become more and more. At the same time, the risk of audit for CPAs is increasing, which makes modern risk-orient audit approach become the focus of the audit industry insider and outsider. IAASB issued three international audit risk standards based on modern risk-oriented auditing in Oct. 2003, which are required to be used from Dec. 15, 2004. China's Ministry of Finance also issued four audit risk standards in Feb. 2006, which are required to be used in domestic accountant firms. It is obvious that modern risk-oriented audit approach being used worldwide is a unchangeable trend. Hence, research on theory and practice of this audit mode is very important.Therefore, the author systematically analyzes the production, theoretical frame and application of modern risk-oriented auditing, and proposes some suggestions about the application of this audit approach in our country, combining the actual audit conditions of our country. The author expects to find out a modern risk-oriented audit approach suitable to our national condition by doing research on it. The modern risk-oriented auditing will contribute to our national audit theory research and practice application and improve our national audit technical level and international competitiveness of accountant firms.The thesis includes three parts:Part one analyzes the development of audit mode and modern risk-oriented audit approach's background of production. First of all, reveals that audit mode had developed from accounting number-oriented auditing, system-oriented auditing to risk-oriented auditing. Next, analyzes the background of production of modern risk-oriented audit approach from the changes of the environment and requirement of audit and the needs of internal techniques' development.Part two tries to construct the theoretical system of modern risk-oriented audit approach. Firstly, points out that the production of modern risk-oriented auditing has certain theoretical foundations, including risk management theory, strategic...