Research On The Integration Of Financial Statement Audit And Internal Control Auditing

In the "Enterprise Internal Control Guidelines", CPA can choose to perform the separate auditing of internal control,or the integrated auditing mode which can be connected the financial statement auditing and internal control auditing. Now,separate auditing and integrated auditing are used in our country. The only choice is to integrate auditing,as it may improve CPA audit quality, and reduce the cost of the audit in the audited company, and ensure the integrity of financial information to the investors. How to carry out the integrated auditing? Currently,there is no clear guidelines or the operational guidelines can effect on integrated auditing, so the case study on the integrated auditing is very important to auditing researchers.In this paper, it can be combined the normative analysis and case study.First,many theories which can explore the basic method, are about auditing of the financial statements and internal control auditing is integrated or analyzed.Then I will explain the integrated auditing is necessary to be executed,and design a new process system.At last,the real case about integrated auditing will be expound.This study will give some conclusions:linked to national policy,financial statements auditing and internal control auditing must be integrated, but we need the common action about the government, the subject, the audited companies and the public, for example carrying out the internal control evaluation guidelines in all,enhance the CPA’s practice ability of integrated auditing,, strengthen risk awareness in company’s internal control, improve the public’s attention and supervision to the financial information.If we do these, the integrated auditing can be implemented in our country fabulously and roundly.