The Research On The Integration Audit Of Da Hua Certified Public Accountants To JIANGXI LIANCHUANG Optoelectronic Technology Co.,Ltd

The emergence of an integrated audit model has had an important impact on the audit industry.Integrated auditing can improve internal business management and make capital market information more transparent.From the perspective of future development trends,integrated auditing will inevitably be accepted and promoted by enterprises.Integrated auditing can reduce audit costs while improving the audit quality of both audits.Based on a large number of documents related to integrated auditing,this paper uses a combination of literature research method and case analysis method to deeply study the integrated audit case of Da Hua Certified Public Accountants and LIANCHUANG Optoelectronics Co.,Ltd.The implementation steps and operational procedures and how to apply it to the audit of LIANCHUANG Optoelectronics Co.,Ltd.using specific cases to analyze the specific practice process of integrated auditing in practice,hope to provide auditors with some reference when implementing integrated auditing business.The integrated auditing is a business activity in which the same auditing entity audits the financial statements and internal controls of the same auditing object,and the main processes include integrating audit objectives,integrating audit plans,integrating audit procedures,and integrating audit reports.We expound the relationship between internal control audit and financial statements through cost-benefit theory,synergy theory,audit demand theory and organizational management theory.The LIANCHUANG Optoelectronics Co.,Ltd which founded in June 1999 is a leading enterprise in LED and optoelectronic cables.The Da Hua Certified Public Accountants which founded in 1985 is one of the largest eight accounting firms in China and has ability to undertake the integrated audit business of LIANCHUANG Optoelectronics.From 2015 to 2017,Da Hua Certified Public Accountants issued a standard unqualified internal control audit report for LIANCHUANG Optoelectronics Co.,Ltd.for three consecutive years.The entire process of Da Hua Certified Public Accountants' implementation of integrated auditing for LIANCHUANG Optoelectronics is divided into four parts:Organizing audit work,including signing an integrated audit business engagement letter and setting up a financial audit team and an internal control audit team respectively;the financial audit team conducts audit work,including random inspection of accounting documents and accounting books,verification of important accounting data,and verification of major accounting data with the internal control audit team.And issue a financial audit report;the internal control audit team conducts audit work,including top-down risk assessment,testing the effectiveness of internal control,and tracking and rectifying the internal control deficiencies;the two audit teams merge and issue audit reports,including Combine the integrity of internal control with financial data analysis,analyze the relationship between financial data changes and internal control,and issue audit opinions and issue audit reports.We analyzes the case of Da Hua Certified Public Accountants to LIANCHUANG Optoelectronics,and the experience is:(1)The integration of auditing is inseparable from the professional technical team of financial auditing and internal control auditing;(2)the development of auditing must have The division of labor must emphasize cooperation;(3)Integrated auditing can help the units under review to improve their work through different perspectives of financial and internal control audits.The enlightenment is:(1)the establishment of an excellent audit team is conducive to providing excellent services,(2)integrated audit can save a lot of human resources through accounting information sharing,(3)integrated audit can more systematically evaluate the financial status of the audited entity and the implementation of internal control.