Risk Study Of Deng Yun Company's IPO Audit Based On CPA's Perspective

With the continuous development of China's securities market,and its corresponding regulatory environment is difficult to meet the needs of the overall securities market,IPO frauds are not uncommon.From 2012's Shengjingshan River in Hunan,the new land in Guangzhou,to Wanfushengke in 2013,Xintai Electric,and then to a series of financial fraud incidents such as Tianfeng Energy Saving in 2014,the accounting firms and signing certified public accountants were affected.All parties questioned that the risk of IPO audits is also increasing.Through research,it was found that in order to be able to be listed successfully,the above-mentioned companies may use whitewashed financial data to gloss over statements.After its listing,its performance began to change its face,and its overall performance dropped drastically,disrupting market order and harming the interests of all parties.The failure of the IPO audit made accounting firms and signing certified public accountants face the risk of penalties imposed by the China Securities Regulatory Commission,which greatly reduced the image of investors in the minds of investors and severely hindered the healthy development of the CPA profession.In the research on the counterfeit IPO case of Dengyun Co.,Ltd.,it was found that in order to successfully IPO,Dengyun shares can beautify the company's financial statements through various means such as inflated revenue,fictitious profits and forged related party transactions.During the IPO audit,due to the professional ethics of the accountant,the lack of standardized IPO audit procedures,and the imperfect audit quality control system of the accounting firm,the certified public accountant could not find any material misstatement in the company's statement.As well as omissions,the risk of IPO audits has increased.This article analyzes the audit risk and its causes in the IPO audit of Dengyun shares,sums up the precautionary countermeasures for inducing IPO auditing risks of CPAs,has guiding significance for the IPO audit work,and at the same time guards the IPO audit risks of firms and CPAs.The work laid the theoretical foundation.This article analyzes the IPO audit risk of Dengyun shares by reading the literature method,the combination of theory and practice,and so on.The content ofthe dissertation includes the following parts: The first part is the introduction,which mainly expounds the research background and significance of the paper,and sums up the research content and methods of this paper.The second part is the specific explanation of audit risk and the concept of IPO audit risk,and at the same time,it interprets the theoretical basis of IPO audit risk.The third part and the fourth part describe the situation of Dengyun shares and their IPO audits,and analyze the specific risks of CPAs in conducting the IPO audit of Dengyun shares.The fifth part is the analysis of the reasons for the risk of IPO audit of Dengyun shares.The sixth part is based on the audit risk in the IPO audit of Dengyun shares and proposes rationalization proposals in order to reduce the IPO audit risk.The seventh part is the conclusion of the summary of the full text.