Implemenatation Of Project Management For Production Transfer In Automotive Industry

National audit of government investment construction project is endued with important responsibility according to the"Audit Law", which is the major component of audit activities. Audit activities are accompanied by audit risk all the time. Moreover, it affects both the development of the audit practices and the public credibility of audit. That's why how to control audit risk is a main subject of audit theory and audit practices. The characteristics of audit risk include objectivity, universality, potentiality, complexity, nonvanishing and controllability. The elements of audit risk are inherent risk, punishment risk and detection risk. As for the government audit, assessment risk, punishment risk and result-releasing risk should be taken into consideration as well. The audit risk of the government investment construction project varies because of its particularity. The national audit of government investment construction projects, compared with other audit tasks, is more special owing to its huge investments, long construction period, strongly professional and complicated objects. So audit-risk control on government investment construction project is the final end to the whole management of audit risk. How to control the audit risk is the central issue of the whole audit field. Lots of methods have been published, such as perfecting audit risk standards, importing risk-oriented audit, emphasizing the precaution of audit risk and improving the audit quality. All these methods tend to decrease the audit risk, which brings about some thoughts for audit-risk control. However, some problems still remain in our country on audit-risk control of government investment construction project. Reasons for these are multiple, including the subjective reasons like audit institution and auditors themselves, and the objective ones such as the audit environment. This paper will firstly focus on the meaning of audit risk. Next, it will analyze the concept, elements and characteristics, and then expatiate on the reasons occurs the audit risk as well as the methods of the audit risk management by using asymmetric information theory and risk management theory. Afterwards, the problems existing on present audit-risk control will be listed. At last, inspired by some opinions abroad, the paper illustrates four ways of audit-risk control, which are improving audit quality, strengthening personnel training, using advanced audit method and optimizing audit environment, to decrease the audit risk and increase the validity of audit.