Research On Audit Risk Control Of A Accounting Firm

According to statistics,the number of accounting firms in H province reached 421 by the end of 2018,Small and medium-sized accounting affairs were in a terrible predicament since the huge amount of them actually accounts for small proportion of market resources.Thus,to survive and develop for a long time,it's necessary for small and medium-sized accounting firms to expand market share constantly and control audit risk effectively.The analysis relies on data from A accounting firm.This thesis takes the concept of audit risk control and its basic procedures as the main theoretical guidance.It analyses the basic situation of A accounting firm with the relevant accounting system and the results of a questionnaire,which point to the audit risk factors existing in four stages of audit process of A accounting firm.In the stage of audit business acceptance:customer integrity,auditor Requirements,customer needs and motivations,audit fees,professional competence;in the stage of audit plan: making audit plan,internal control of audited enterprises,the possibility of major misstatement;in the stage of audit implementation: the adequacy of audit evidence,the independence of implementation stage;in the stage of audit report: the review and review of audit report,the independence of audit report.Then,through the fuzzy comprehensive evaluation method based on analytic hierarchy process,the evaluation model is constructed,and the identified audit risks are analyzed at various stages and comprehensive quantitative analysis.Finally,based on the results of identification and evaluation analysis,it puts forward effective and operable measures for the audit risk control of A accounting firm.The specific control measures are as follows: In the audit business acceptance stage:carefully select customers,perfecting risk assessment mechanism,standardize audit fee systems,and strengthen professionalism;in the audit planning stage: build qualified project teams,clarify auditor responsibilities;in the audit implementation stage: ensure the full appropriateness of the audit evidence and attach importance to the analytical review process;in the audit report stage: improve the quality of the audit draft,ensure the execution of the three-level review system,and strengthen communication with the audited enterprise.These measures have certain reference value for the audit risk control of small and medium-sized accounting firms in China.