The Auditing Risk Study Of Initial Public Offerings Project Of The Growth Enterprise Market

Audit risk has always been an important research content,the audit and the audit risk of gem IPO projects because of its industry characteristics,and IPO project audit standard questions,more worrying.Starting from March 1,2016 began to implement IPO project registration system reform,in the process of registration system reform deepening,the IPO companies foreign the authenticity and completeness of information provided will be endorsed by the certified public accountants,registered system reform while reduces the issuer to enter the capital market of hard threshold,the issuer disclosure quality standard of "soft" has more stringent requirements are put forward.System of new shares issued registration system reform,reversed transmission certified public accountants to strengthen the attention of the IPO project audit risk,also make the gem IPO projects at the same time,the high audit risk type of business to become a key point in the research of certified public accountants quality content.This article selects xin tai electric IPO project the typical cases of audit failure,using standard study and case analysis,combined with the efficient market hypothesis theory,control theory and information asymmetry theory,to analyze the main risk points and manifestation of ipos,IPO project audit risk formation of the external factors and internal factors.Through a comprehensive combing previous research results,research the gem characteristics and development situation,this article dig up the gem IPO project audit risk control type and the reasons.The vast majority of small and medium innovative enterprises can choose listed on the gem,but because of its management is not standard,lead to the gem IPO projects become a major disaster area of high audit risk.And because the IPO project auditing relative to the average year of careful,has the high income audit,it also makes the independence of the accounting firm is affected,its complex audit process is also more strict with his professional care and professional ability.Combined with xin tai electric IPO project audit failure case,the study found that the specific cause of the audit failure is: the certified public accountants to audit industry to conduct a comprehensive understanding,not on bank deposits,accounts receivable and other important subjects perform the necessary audit procedures,not be the result of the letter of certificate analysis and replacement of the implementation process.Based on this,this paper argues that we should strengthen the gem IPO audit risk control of the project.Certified public accountants should improve auditors' professional competence,keep more vocational cautious attitude,improve the system of real-time check;Regulators should perfect the credit archives intermediaries ipos,improve the main body of the faithless cost,change the IPO project audit of certified public accountants to choose employment mechanism;IPO application unit should improve their own internal control.