Research On Audit Risk Of Chain Catering Enterprises

With the development of the economy,China’s catering market has grown steadily and rapidly.The total revenue has increased from 1,366.8 billion yuan in 2013 to 39,644 million yuan in 2017.The development of catering enterprises has become more and more standardized,and the speed of expansion of catering enterprises has also increased.China’s catering industry has always been fragmented,but as consumers increasingly focus on branding,food safety and service quality,chain restaurants are expanding faster than independent restaurants.With the rapid expansion of chain catering enterprises,more and more chain catering enterprises have begun to pay more attention to the internal control of enterprises and the standardization of finance.At present,there are also many well-developed large-scale chain catering enterprises that want to go on the road of capitalization through listing,and chain catering enterprises are selected to be listed on the New Third Board.As an indispensable step in the listing,audit plays a very important role in the capitalization of chain catering enterprises.After the chain catering enterprises choose to list the new three boards,most of them will also choose to disclose financial information.However,due to the particularity of the chain catering enterprises,it will bring considerable difficulty to the audit of certified public accountants.The catering industry is an industry that mixes processing,commercial sales and service delivery.Therefore,when CPA audits catering enterprises,it needs to consider the audit process from multiple dimensions.This paper is divided into five parts: The first part mainly introduces the research background,research significance and research status of audit risk at home and abroad.The second part expounds the conceptual characteristics of the chain catering enterprise and the theoretical basis of audit risk.The third part is the case analysis.Taking the audit of H company as an example,the audit risk of H company is analyzed from the aspects of material misstatement risk and inspection risk.The fourth part summarizes the characteristics and causes of the audit risk of chain catering enterprises.The fifth part is aimed at the cause of the audit risk of chain catering enterprises.