Research On Risks And Audit Focus Of P2P Online Lending Platforms

In recent years,online lending has become a hot topic,and P2P online lending platforms keep emerging.But industry for a long time the lack of effective regulation,which leads to the industry problems continue to increase,and even some information about lending platform from P2P network to become a "credit intermediary" appeared a lot of run,closed platform,caused the high attention of the society,also for the vast number of investors caused great losses,caused serious influence on the stability of the financial industry in our country.In order to better regulate online lending platforms and strengthen supervision,China banking regulatory commission and other four departments jointly issued the interim measures on the management of business activities of online lending information intermediary institutions(hereinafter referred to as the measures)in August 2016.The measures stipulate that P2P online lending platforms must hire accounting firms to audit them and disclose relevant information.The regulation opens a new era of mandatory auditing for P2P lending platforms.On August 25,2017,China banking regulatory commission(CBRC)published on its official website the guidelines on information disclosure of business activities of online lending information intermediaries(hereinafter referred to as the "credit disclosure guidelines"),which requires all platforms to disclose the audit results of key links and take the audit results of key links as one of the standards for assessing compliance.Due to the P2P lending platform information degree is high,the internal management risk,special industry extremely chaotic,combined with the special audit implementation time soon,the lack of the industry of certified public accountants audit experience,most of the certified public accountants to what are the risks of P2P network credit industry,how to use audit risk countermeasures platform to prevent a lack of understanding,the domestic research on the aspects of the literature is extremely lacking.In view of the above problems,this paper selects the typical problem platform fortune,which has a large scope of influence and a bad nature,to study.The main risks and possible problems in auditing are analyzed.Specific audit measures and programmatic countermeasures are proposed for each link of the special audit of the key links of the platform.It is hoped that the relevant research results of this paper can provide some inspiration and help for the following practical work of certified public accountants.