Risk-based Audit Of The Application In Practice

Risk-oriented audit is a strategic concept and system view thought guide material misstatement risk assessment and the audit process, audit risk mainly comes from the enterprise financial report material misstatement risk, and misstatement risk mainly comes from the entire enterprise management risk and the risk of fraud. Compared with the traditional audit mode, wind guide audit model is beneficial for the certified public accountants fully understand the auditees, helps to improve the auditing efficiency, to reduce the legal responsibility of the registered accountant, but the risk guidance auditing the application in practice there are also some problems, such as the need to register accountant a large number of professional judgment, outside support is not enough.Papers to the risk guidance auditing in the audit practice points of the application of the analysis and summary to the earth trust company audit as a case, through the risk assessment, risk to some points are analyzed and discussed, and draw the relevant audit conclusion.Risk-oriented audit can improve auditing efficiency, also can save audit resources, and thus found significant misstatement risk, namely can improve auditors audit level, but also to improve auditors to enterprise management degree of understanding, to put forward to the auditees more practical management advice.