Internal Control And Financial Audit Research Report Integration

Sarbanes-oxley act proposes the strong demand for disclosure of internal control,has broken the original financial statements auditing the situation of unify the whole country.To reduce the audit cost,improve the efficiency of the audit the force of the promoted the integration of the audit.Capital market in our country at present stage,most companies adopt is integration of the audit of the audit model.Has been investigating the fu-sheng wan,abandonment,kelon electrical roebuck island such as the company's financial fraud also fully exposed the pressing demand for more rigorous audit supervision system.Financial fraud is just the first step of financial fraud,not to disclose,partial disclosure or illegal disclosure is a direct cause of disturbing the securities market.Internal controlaudit and financial statements audit can form a fusion,according to previous studies we know,because they have similarities in the audit objectives and audit process.In the audit objective,internal auditors need to control the effectiveness of the design and operation of the internal control of the audit opinion,the audit of financial statements is to check whether the financial statements are the risk of material misstatement.The ultimate purpose of both is to ensure the quality of audit.At the same time,the first step of the two audit modes is to test the internal control,and the content of the test will overlap.This paper is based on the theory of synergetics and cost efficiency,guided by theoretical analysis and case analysis.The accounting firm to check out the*ST blog financial statements in the relevant data analysis,to explore the risk of its statements,the possible causes of fraud.The purpose is to prove that the integrated audit can further ensure the quality of the audit,in a more efficient way to find out the wrong report and the internal control of the risk of failure,so as to improve the quality of the audit.The conclusion is that the implementation of integrated audit is the only way to strengthen the standardization of capital markets.Through the enterprise financial data and internal and external operating environment audit,you can strengthen the supervision of listed companies,regulate their daily production and operation process.Although the effectiveness of integrated auditing in improving audit efficiency and reducing audit costs is obvious,the integration audit has its drawbacks.As mentioned earlier,if the CPA lacks sufficient practicing caution or disputes with the audited entity,it will greatly reduce the quality of the audit,thus strengthening the long way to the integration of audit research.