Research On Suning Tesco Audit Risk Prevention Strategy

In recent years,the e-commerce industry has developed strongly.According to statistics,in 2018,the national online retail sales reached 9 trillion yuan,a year-on-year increase of23.9%.Among them,the retail sales of physical goods reached 7 trillion yuan,accounting for18.4% of the total retail sales of consumer goods.It can be seen that e-commerce has become a key industry affecting people's lifestyle.Compared with traditional enterprises,e-commerce enterprises are characterized by openness and paperlessness.This particularity has led to certain changes in the scope of audits,audit procedures and methods.Therefore,studying the audit risk of e-commerce enterprises not only supplements the audit risk theory,but also reduces the audit risk in practice,and can promote the healthy development of the e-commerce market.This paper selects Suning,which has great development potential in the field of e-commerce,as the research object,summarizes it through literature research method and case study method,and analyzes the e-commerce audit based on the original audit theory practice and the development of Suning.The causes of the risks and the corresponding countermeasures.The main content of this paper is divided into five parts.First of all,the article introduces the research background,purpose and significance of the topic,summarizes the relevant literature at home and abroad and summarizes the research ideas and framework of this paper.Secondly,the paper expounds the content and characteristics of e-commerce theory,audit risk model and e-commerce enterprise audit work.Thirdly,this paper combines Suning O2 O business model to explain the development status of Suning from four aspects: business system,development strategy,profit model and internal control,and analyzes the company's major misstatement risk and inspection risk.Among them,the risk analysis of major misstatement mainly focuses on four aspects: business operation risk,inherent risk,internal control risk,and network security and credit risk.The inspection risk is mainly reflected in the difficulty in obtaining audit evidence for cross-border transactions and the lack of IT audit experience of auditors.E-commerce audit technology lags behind these three aspects.Subsequently,this paper combines the above cases and new income criteria to analyze the causes of Suning Tesco audit risk from five aspects: business risk,inherent risk,internal control,network security and transaction risk and inspection risk.Finally,according to the causes of e-commerce audit risk,this paper proposes corresponding solutions from theperspective of major misstatement risk and inspection risk.From the perspective of preventing the risk of material misstatement,auditors need to pay attention to the business objectives of the enterprise,reasonably evaluate the security of the e-commerce information system,evaluate the effectiveness of internal control activities,and pay attention to the e-commerce credit risk mechanism;In terms of perspective,auditors need to deepen their understanding of e-commerce processes,improve their professional competence,enhance the applicability of auditing software,and continually optimize auditing techniques and auditing methods.At present,there are few case studies on e-commerce auditing in the auditing field.This paper uses auditing theory and research methods of e-commerce enterprise cases to conduct audit research,and hopes to provide some reference for e-commerce auditing practice.