Research On Audit Risk And Measures Of Agricultural Listed Company

As an important industry in our country,the government has attached importance to the development of agriculture and formulated a large number of preferential polices to support itIn this context,many agricultural enterprises have obtained unprecedented development opportunities,but some companies use these polices for financial fraud to seek illegal interests.Nowadays,the government has realized the seriousness of this problem and put the legal construction and behavior against corruption into the Central One Write.From this,we can find that our country not only support the development of agriculture,but also prevent financial corruption.Thus,certified public accountants should maintain vigilance to the financial fraud of enterprises.From the perspective of certified public accountants,this paper aims to make them pay attention to the possible major misstatement of agricultural listed company by analyzing the audit risks to reduce the inspection and maintain the market order.In the process of research,firstly,using literature research,which are about agriculture listed companies audit risks and measures both at home and abroad,then classify and summarize them.Furthermore,combining our country's agricultural industry characteristics and idiomatic means of fraud,this paper use the audit risk model to analyze existing audit risks and put forward targeted suggestions.Finally,the paper takes the audit of Beidahuang group audited by RuiHua Certified Public Accountants as an example to verify the previous analysis.Through the analysis,it is found that the major misstatement risks at the financial statement level of agriculture listed companies mainly include misstatement risks caused by the management level being above the internal control,insufficient competence of employees,and operational pressure.While the major misstatement risks are mainly caused by inventory,income,biological assets and cash procurement.To reduce the inspection and reasonably response to the risk of material misstatement,on the one hand,the certified public accountants need to strictly abide by the audit procedures,maintaining professional skepticism and independence to keep financial anomalies sensitivity.On the other hand,it requires a combination of the audit industry specific conditions to develop targeted auditing procedures.certified public accountants should also pay attention to the use of substantial analysis program,not follow the usual audit procedures mechanically.In addition,we must attach importance to the training of professional audit personnel and introduce more technical personnel.If it is necessary,certified public accountants can make use of the specialists' works.