GEM Audit Risk Of Companies

The just concluded Fifth Plenary Session of the Seventeenth Party put forward: "build, develop, and make good use of GEM, and further give play to the development of the GEM market in the important role of the national economy, we must further clarify the tasks, assign responsibilities, and continuously explore the characteristics of suitable regulatory mechanism GEM, GEM joint efforts to promote sustained and healthy development of enterprises. "visible, GEM standardized operation of enterprises related to the healthy development of the national economy, therefore, strengthen the audit of companies listed on GEM and effective avoid the audit risk is an important proposition.GEM companies listed on the main stage at the start is the high-tech enterprise, and high-tech companies because of its assets, technical characteristics and the uncertainty of future earnings has great risk, so that the business risk is that listed companies Growth Enterprise Market of the greatest risk. The audit of listed companies on GEM GEM is a standardized tool for the healthy development of enterprises is to help GEM favorable business continuity protection. However, the GEM listed companies are also facing a lot of audit risk, such as the GEM accounting information disclosure of listed companies increased the audit risk problems, the GEM-listed companies increased the imperfections of the internal control audit costs, the GEM Listing the audit of the audit environment in which business is not good and so on. Faced with these risks, we should analyze the causes of GEM listed companies lack their own business development, capacity and quality of Certified Public Accountants and the GEM market is not high threshold is not high, ineffective monitoring, among other factors have increased the audit risk. This article attempts to audit listed companies from the GEM subject, object and its environment to study three aspects of risk control measures. GEM listed companies to strengthen audit, oversight may be economic order GEM listed companies to maintain the capital market, and promote standardized operation GEM listed companies to improve their management level; control of GEM listed companies audit risk, reduce audit failures, so that the audit for China economic development, protect, so that capital markets GEM truly become a new impetus for listed companies in China and healthy development of the GEM.We believe that the GEM listed companies in order to ensure a stable and rapid development, must be listed before the listing of strict audit checks, effective control of audit risk. Only control the audit risk, corresponding to curb the occurrence of other risks, while gradually improving through the GEM market system, trading system, monitoring system, the GEM can inject new vitality into the national economy in order to truly promote our GEM the full development of the enterprise. Scientific management and effective supervision is an important guarantee for economic development, enhance our audit of the GEM listed enterprises, scientific control of audit risk GEM listed companies, joined forces, standard GEM far-reaching enterprise management.