Audit Risk Identification And Prevention Research Of Communication Equipment Manufacturing Enterprises

Since the reform and opening up,with the standardized development of the market economy,as the major paticipant in the market,competition among enterprises has gradually intensified.At the same time,enterprises are faced with diversified business risks in the ever-changing market environment and in the process of integration into the global economy.They will face failures if they are careless.Listed companies use various fraudulent means to achieve the purpose of whitewashing financial statements and to continue business operations.As a research object of the communication equipment manufacturing enterprise,because it is in the stage of industrial transformation,it needs a lot of capital and technology investment,which makes the enterprise face greater operational risks,and the fraud situation is the most serious in the manufacturing industry.As of March 172018 the total number of listed companies in the manufacturing industry was 2272 accounting for 63% of all listed companies,of which the communications equipment manufacturing industry accounted for the largest proportion.Communication equipment manufacturing companies have obvious industry characteristics,so the key points of audit risk will be different.Based on the above actual situation,the research question of this paper is proposed: the audit risk identification and prevention research of communication equipment manufacturing industry.In view of the above research topics,this paper mainly uses risk-oriented auditing theory,using case analysis method and literature research method,based on information asymmetry theory,fraud triangle theory,principal-agent theory,and researches and analysis of communication equipment manufacturing industry characteristics,fraud Risk factors and which projects are prone to major misstatement risks,and on this basis,some audit responses are proposed.This paper is divided into six chapters: The first is the introduction of the article,which mainly expounds the research background and research significance,and expounds the current domestic and international literature and research status.At the same time,it briefly explains the writing ideas and structure of this paper.Chapter two defines the relevant concepts and explains the theoretical basis required.The third chapter introduces the current situation of the communication equipment manufacturing industry,expounds the characteristics of the audit of the communication equipment manufacturing enterprise,and analyzes the factors of its fraud risk.The fourth chapter mainly combines the case of Xaccounting firm auditing G company,analyzes the material misstatement risk items in G company fraud case,and analyzes the inspection risk in G company audit case according to the CSRC’s punishment decision.The fifth chapter analyzes the case and summarizes the problem,proposes specific measures for the project that is prone to high risk,and proposes to reduce the risk of inspection.The sixth chapter is a summary of the research conclusions and an audit research outlook for future communication equipment manufacturers.Based on the perspective of CPA,this paper studies the auditing characteristics and risk factors of communication equipment manufacturing enterprises,and deeply explores the characteristics of communication equipment manufacturing enterprises through case analysis,analyzes the reasons for the high audit risk of such enterprises,and proposes for CPAs.Some specific audit risk identification methods and countermeasures help reduce audit risk and improve auditor’s risk control ability.