A Study On W Accounting Firm Audit Strategy

With the rapid development of China's economy and the continuous renewal of the types of economic services,the problems faced by China's audit business are becoming more and more complex.The accounting firms need more systematic and complete audit strategy after undertaking business.Scientific development of audit strategy and the effective implementation of the audit process has become a major challenge for accounting firms.But according to my actual survey,due to the competition between firms is fierce,time cost compressed often make most accounting firms ignore the audit strategy,sharpening your axe will not delay your job of cutting wood,a comprehensive audit strategy not only can improve the audit quality but also make the whole project more efficient to complete the task..Starting from the current situation and existing problems of the audit case data collection and analysis,with in-depth discussion of the need to pay attention to the audit strategy ideas and the implementation of the audit process in this paper,through the audit method,thinking from the angle of audit technology and the theoretical analysis of enterprise existence misstatement,omission motivation and mode.On the current situation of audit firms make strategy analysis,the main problems include: the audit firm competition leads to compression of audit time cost,audit research plan and enterprise time is not sufficient,lead to the audit strategy is not perfect;with the development of Internet economy,the financial accounting system has become more complex,more test audit staff in-depth understanding of accounting standards and the auditing standards for the emerging industry,accounting methods to accurately grasp the audit ideas accurately,auditors need more professional practice ability with learning ability;audit plan during the execution of the lack of communication and expert personnel,when undertaking new field of project,not involved the lack of relevant professional experience.The emergence of these problems can make the audit project plan more difficult,this article mainly for the firm to undertake the audit project,can provide the corresponding help to develop a reasonable audit strategy,and make the audit strategy implemented effectively,improve the quality of audit.This article is based on W certified public accountants audit the ABC company as an example,analyzes the audit case,from the beginning to undertake the audit report task to the whole process of system analysis,according to the different audit risk to establish reasonable and effective strategies to avoid the audit risk.The paper,starting from the formulation of the audit strategy,the analysis of enterprise financial misstatements risks,to the actual audit case as the research foundation,summarizes the important ideas the audit strategy,provide the basis for the audit work;make a contribution to provide high quality audit services.