Audit Risk

Risk is a possibility to be hurted injured destroyed.Risk is objective, universal,accidental,inevitable,changed.Risk administer is a administer subject to research regular pattern and control technique,its target is to obtain safe in least cost.Risk administer's primary process includes risk identification,risk measurement,risk control,risk assessment, management evaluation.The theory of risk administer require us to control all audit risk factors overall synthesize systematically.The administer of audit risk is a all,all-factor,whole-process administer.The concept of audit risk is the primary question to resolve.There are different provide to audit risk in different countries.Audit risk is a wide concept,if means a possibility to be hurted for audit main part,it includes audit professional risk and audit item risk.The former is a total of action and enviroment,which probably bring up negative affection to audit professional' exist and development;the latter is a possibility to advance wrong audit opinion.Audit risk is a sub-concept of risk,it have risk's general characters. The characters of audit risk include five aspect,objective,potential,serious,all-factor,control.There are four sectors in audit risk administer,risk identification,risk estimation,risk evaluation,risk prevention.There are different content and inner link in four sectors. Audit risk control is a all-factor,all-process project.Audit risk control include not only audit work but also audit professional.The six main as pects in audit risk control is to accept customer,select audit professional,audit project,audit evidence,audit report,audit quality review.Our country is a socialism country.Government audit have evident characters.For example,government audit office is subordinate to administration,have rights to penalty.In recent years,the law duty of government audit office and its professional is confirmed with the law's perfect.According to government audit professional,we can see three characters of government audit risk,audit sample risk,audit report risk,audit penalty risk.The way to control government audit risk is to raise audit professional's quality,perfect audit standard,definite audit duty, raise audit quality,strengthen audit project quality review.