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

Enron,World Com and other listed companies outbreak of financial fraud,in the US capital market caused a great uproar,these events also fully exposed the many internal control system is not perfect.After this,the relevant US regulatory authorities to speed up the internal control of the system construction,and financial statements audit,the internal control audit has become the US capital market,a statutory audit business.In order to improve the efficiency and effectiveness of the two audit work of the accounting firm,US regulators require the implementation of "integrated audit",which is far-reaching in the world.In recent years,China promulgated the relevant guidelines on supporting the internal control of enterprises,and proposed that CPAs can perform internal control audits separately,or choose to integrate financial statements audit and internal control audits.In the case of two audit modes(separate audit,integrated audit)in parallel,if you want to improve the quality of CPA audit practice,improve work efficiency,choose integration is undoubtedly more reasonable.However,there is no definite integration of audit guidelines and practical guidelines in China to regulate and guide the implementation of integrated audits.There are still many problems in integrating auditing.Therefore,it is very important to analyze the current situation and existing problems of the integrated audit,and to improve the theoretical research and practical development.This paper first introduces the development history of internal control audit and integrated audit,and further combs the relevant theoretical research of experts and scholars.Then it elaborates the related concepts and theoretical basis of audit of financial statements,internal control audit and integrated audit.On this basis,it puts forward the necessity and feasibility of integrating audit.Secondly,this paper collects and collates the relevant data and data of China's integrated audit and internal control audit,and makes a further analysis of the current development situation.Finally,this paper takes the integration audit of Company A as an example,and introduces the background,the implementation process,the key integration point and the case summary of R Certified Public Accountants,and further puts forward the suggestions of perfecting and developing China's integrated audit.It is hoped that the research of this paper can promote the perfection of the integrated audit theory system and play a positive role in the research and practical development of the integrated audit.