Research On Audit Risk Assessment And Control Optimization Of Z Accounting Firm

Among the 8847 accounting firms in China,small and medium-sized accounting firms account for more than 97%,covering most of the audit business,and they play an important role in the development of the whole industry.China's large accounting firms have strong strength,standardized management,established a relatively perfect internal control system,but also a good corporate culture,strong audit risk control ability.Compared with large firms,because of its own limitations,small and medium-sized accounting firms generally have many problems,such as small scale of enterprises,insufficient personnel reserve,low quality of employees,scarce audit resources,lack of risk control,and so on,which leads them to face greater audit risks.Because Therefore,it is of great practical significance to analyze and explore the audit risks faced by small and medium-sized accounting firms and their prevention and control measures for them to strengthen their own construction,improve the quality of audit practice and reduce audit failures.This paper takes the Z accounting firm as research object,Using the principal-agent theory,risk management theory and so on.Based on the actual situation and characteristics of the Z accounting firm,adopts the questionnaire method and the field investigation method to identify the audit risk existing in the accounting firm's business undertaking stage,audit plan stage,audit implementation stage and audit completion stage.Then combined with the results of the questionnaire and evaluation,based on the principles of comprehensiveness,importance and effectiveness.In the stage of audit planning,we should carry out risk assessment scientifically,pay attention to the formulation of audit plan,construct qualified project team.Standardize the execution of audit procedure,attach importance to the application of analytical procedure,guarantee the adequacy and appropriateness of audit evidence,and strengthen the supervision of business execution process.Audit At the completion stage,we should strictly implement the three-level review system and improve the filing of audit papers.Finally,the corresponding safeguard measures are put forward for this optimization scheme.