Research On Audit Risk Prevention Of Backdoor Listed Companies

In the early stage of the development of backdoor listing,the backdoor listing has lower audit requirements than IPO,and nany companies have achieved the purpose of listing financing through backdoor listing.However,in recent years,the completion of the performance commitments of listed comanies in the backdoor has become worse and worse,the cases of illegal fraud have emerged,and the number of cases of non-standard audit opinions has been increasing,coupled with the continuous improvement of regulations such as the reorganization of new regulations in 2016.The backdoor listed companies have exposed more financial problems and internal control problems.For CPAs,the audit risk generated by backdoor listed companies is also greater.In this regard,improving the quality of auditing and reducing the audit risk of backdoor listed companies is an important issue that Chinese accounting firms need to solve.In the face of the economic business of the backdoor listed companies in the backdoor listing process and the performance commitment period,only the correct auditing theory,combined with more effective auditing methods and coping strategies can solve the auditing risks in practice.Therefore,from the perspective of auditing and attesting,this paper takes the backdoor listed enterprises as the research object,analyzes the audit risk points in combination with the problem characteristics of the backdoor enterprises at different stages,and proposes corresponding countermeasure strategies to avoid audit failure.Most of the existing researches focus on the audit risk research of IPO enterprises.Most of the research on backdoor listing is reflected in financial performance and risk.Most of the research on audit risk is reflected in the backdoor listing process,but not the overall operation of the backdoor enterprises.The audit risk of the stage is systematically analyzed.Therefore,from the perspective of audit risk,this paper takes the backdoor listed enterprises as the research object,uses modern risk-oriented auditing theory and principal-agent theory,combined with the problem characteristics of the backdoor listed companies at different stages,starting from the risk of material misstatement and checking the risk.Analyze and summarize its unique audit risk points.Among them,the risk of material misstatement is reflected in the risk of corporate sustainable operation capability and high performance commitment risk throughout the whole stage;the risks of financial fraud and internal control integration design defects arising from over-evaluation of the value of restructured assets in the backdoor listing process;There are frequent risks management behaviors during the performance commitment period,frequent internal control failures,and performance prediction disclosure violations.The risks involved include:the professional competence of the CPA,the identification of business risks,and the lack of access to audit resources in specific audit work,and the professional attitude of CPAs who are not cautious and suspicious.Finally,combined with the risk focus of the listed companies,the corresponding strategies are proposed from the above two levels.The significance of this paper is that with the intensive occurrence of backdoor listed companies,the use of relevant theories combined with the audit risk points appearing at different stages provides some preventive measures for the audit work in practice,thus helping CPAs avoid audit failures and improve audit quality.At the same time,it can also improve the relevant research on audit risk,which has certain reference significance for the audit work of the whole backdoor listed enterprises.