Research On Financial Statement Audit Integrating With Internal Control Audit

Integrated audit is audit of financial statements and internal control audit in general both a process of resources integration effectively,to avoid repetition,simplify the right part of the design,to achieve the goal of two kinds of audit form of a new type of audit.On the content of financial statements auditing and internal control audit content have bigger relevance of the two,combination of audit can maximize complementary and support,both operating costs,reduce the certified public accountants audit efficiency can be improved,to ensure the minimum audit risk,has many advantages.Integration of audit are two audit at the same time,so in the process of the audit evidence gathered by the auditor and test both audit teams can use,also can supplement each other,is an ideal mode of economically feasible,both the interests of auditors and auditors.The U.S.government has promulgated the sarbanes-oxley act and the AS.2 and AS.5 standards,which require the internal control audit of enterprises.Using the experience of the United States government,the Chinese government also carried out related research,and introduced a series of laws and regulations about internal control audit,to ensure that these laws and regulations to further support for our country to carry out internal audit and audit integration.Based on the above research background,this paper combines normative research with empirical research and makes a systematic analysis of the construction and application of integrated auditing.Firstly,this paper systematically sorts out the concept and theory of integrated auditing background.Secondly,it makes an in-depth analysis of the differences and connections between the two kinds of audits,aiming to illustrate that the integrated audit strategy is an effective means to perfect the financial management control mechanism of enterprises and is also the inevitable trend of undertaking and executing the auditing business in the future.Thirdly,the process of integrated auditing is constructed,the key integration points of integrated auditing process are analyzed from the connection between the two kinds of auditing,and the integrated auditing process is designed according to the implementation thinking of integrated auditing.In the case study part,the company is selected to conduct a case study,analyze the application of tianjian accounting affairs to the process of the integrated audit of the company,select the related control of the sales and collection cycle of the company to carry out a walkthrough test to evaluate the effectiveness of the control test design,and put forward problems and suggestions in the application process.Finally,basedon the current state of the country's integrated audit development,it provides relevant suggestions for our country's future audit work and enterprises to carry out internal control construction.