The Study On The Assessment Of Risk Based On Modern Risk-oriented Auditing Approach

The new auditing criteria,which is issued by Ministry of Finance People's Republic of China in 2006,reflects the thought of risk-oriented auditing model. Modern risk-oriented auditing model has become a hot issue in China.In the situation of new model of audit,the most important thing is how to identify and assess the business risk on strategy level.However,we are still at primary level with the study of the Modern risk-oriented auditing.By far,we have not founded an accurate system of risk appraisal about Modern risk-oriented auditing.In practice,by which method a CPA should take to appraise the business risk on strategy level is not uniformed.This article studies and analyzes the six major factors of the strategy risks of the enterprises,and establishes an indicator system for appraising the strategy risk.On that base,we try to evaluate the strategy risks of enterprises use Comprehensive Fuzzy Evaluation Method.As last,the writer introduces the practical use of the Comprehensive Fuzzy Evaluation Method in the strategy risk appraisal process, taking one bus company as example in which the writer involving in its auditing project during the internship in one accountant office.In the audit practice,CPA can appraise the business risk on strategy level of enterprises and get details numerical of the every indicator.It helps CPA to determine the nature,timing and scope of the substantive testing.In hoping that with this thesis,some advices will be provided to CPA how to identify and assess the business risk on strategy level in auditing work.