Research On The Application Of Modern Risk Oriented Audit In Biological Assets Audit

China is a large agricultural country,along with the pace of economic development,agricultural enterprises in the national economy in the status of more and more important.Agricultural enterprises have distinctly different from the characteristics of industrial enterprises,mainly because agricultural enterprises have a large number of biological assets,biological assets have their own characteristics.Such as re-colonization and natural appreciation,future value uncertainty,the relative stability of the growth cycle and easy to lose the number of uncertainties.The complexity of the external audit environment,coupled with the special nature of the biological assets operated by the agricultural enterprises.Making the audit more difficult,agriculture,forestry,animal husbandry,fishing is related to the basic livelihood of the country industry,it is because of the particularity of the industry,the state has given a lot of preferential policies,the existence of various preferential policies for CPA audit Professional ability to have a higher professional requirements,but also for the convenience of corporate fraud.In the traditional audit method has been unable to grasp the risk of biological assets audit point of the case,the modern risk-oriented audit applied to the audit of biological assets is very necessary.In this paper,through the study of relevant theoretical knowledge,PC agricultural companies as a case enterprise to analyze the risk of pig assets audit and response.The life of the pig's biological assets in the various stages of the collection,the use of productive biological assets,depreciation and elimination of treatment are the biological risk of high-risk areas of life,the sow's growth period defined with the corresponding cost It is the focus area of audit risk,which is more influential to the cost of newborn piglets and thus the profit level of enterprises.In order to improve the audit quality of the industry and reduce the audit risk of accounting firms,CPA should improve the professional ability to strengthen the identification and evaluation of the risk of material misstatement.The main conclusions and innovations of the paper are as follows:(1)For the audit of biological assets in the pig breeding enterprises,the proposed sow growth period norms for the pig biological assets audit in the cost of the preparation of sow cost to provide a reference.(2)Through the study of enterprise PC agricultural company biological assets audit,the size of the audited units directly affect the supervision of the degree of difficulty,the effective operation of internal control or not directly affect the size of the audit risk,pig cost accounting Reasonable because of the level of corporate profits related to the level of high risk.So through the substantive process of biological assets valuation,depreciation of the rationality to be identified.This requires auditors of the accounting firm to have a comprehensive knowledge of agricultural knowledge,the necessary practice of caution and doubt,make full use of expert assistance and maintain audit independence.