Research On Auditing Risk Control Of Accounting Firms

In recent years,with the growth of China's economic level,the audit business becomes more and more complex,and the audit risk also increases.Based on the review of domestic and foreign literature on audit risk and its control,and according to the theory of audit risk model information asymmetry and principal-agent theory,this paper explores how to realize audit risk control of accounting firms.The main research contents are as follows:(1)The types of audit risk.And the influencing foctors are analyzed to explore the logical formation mechanism of audit risk;(2)The influencing factors of audit risk are classified into audit object factors,audit subject factors and audit environment factors,and the relationship between them and audit risk is analyzed;(3)Based on the analysis of the influencing factors of audit risk,how to effectively control audit risk is discussed.This paper analyses how to prevent and control audit risk from the point of view of audit model elements.Based on audit model,information asymmetry theory and principal-agent theory,through case study,literature study and normative analysis,this paper analyses the causes of audit failure in Dengyun stock case,and draws the influencing factors of audit risk,and puts forward the influencing factors according to these influencing factors.The paper concludes that:(1)The main influencing factors of audit risk can be divided into auditing subject,auditing object and auditing environment,in which the main risk of auditing subject is related to the insufficient competence of office staff,the defect of auditing method and the lack of auditing independence;and the auditing object is related to the risk that management seeks for the poor operation of audited unit.The audit risk caused by fraud,lack of internal control and low management level in the city;the audit environmental risk can be divided into the cost risk caused by vicious competition in the industry,and the supervision failure risk caused by lagging external supervision and inadequate laws and regulations;(2)The audit risk of accounting firms can be controlled separately from these three aspects,and the auditor should be standardized.In terms of auditing object,it is necessary to grasp the industry background and operation status of the auditees,discern the possible fraudulent practices of the management carefully,and evaluate the effectiveness of the internal control system rationally.In terms of auditing environment,it is necessary to set up reasonable auditing cost,good supervisory environment and appropriate responsibilities.The system of appointment and investigation;This paper combines theory with practical analysis through cases,and draws control countermeasures and conclusions,which are of practical significance to the audit risk control of accounting firms in China,to maintain social and economic order,and to promote stable economic development.