Public Accounting Firm Audit Risk And Prevention

Under the background of the accelerated development of China's capital market,audit plays an important role in the development of the national economy.China's accounting firms have been growing and growing,and the audit industry has been constantly standardized.However,with the increasingly complex economic activities,the audit business tends to diversiform,and the audit risk of the accounting firms is increasing.In recent years,audit failures often happen,which seriously damages the good reputation and image of accounting firms,hinders the progress and development of accounting firms,and reveals the shortcomings and hidden dangers of audit risk prevention and control in firms.Therefore,it is very necessary to pay attention to the audit risk and prevention of the accounting firms,and to strengthen the audit risk prevention of the accounting firms.This paper takes DaZhong accounting firm as an example,investigates the four stages of the audit of the accounting firm through questionnaires and interviews.After in-depth analysis and understanding,it uses a method of induction and summarization to sum up the public accounting firm's audit risk prevention.There are five problems in the following: the lack of customer risk assessment,the existence of blind spots for customer risk identification,the risk of staff quality arrangements,improper implementation of audit methods and procedures,review of project quality problems.For these five problems,the author combines the examples of the public accountants firm and analyzes them,and further elaborates the causes of the major misstatement risk chromatography and the examination of the risk tomographic analysis audit risk.Under the premise of consolidating the theoretical basis,the In response to major misreporting risks and prevention and inspection risks,two measures were proposed for public accounting firm audit risk prevention.This article hopes that through the investigation and research conducted by the public accounting firm,it can further improve the audit quality of the Institute and reduce its audit risk,thus promoting the Institute's further sustainable development,and at the same time providing reference for the auditing risk prevention of the accounting firm in China.