Research On The Response Of Internet E-commerce Enterprises To Auditing Risks

With the popularization of Internet technology,especially the rapid development of 5G technology,Internet e-commerce companies have entered a stage of rapid development.It has gradually changed from an activity of buying and selling transactions through an Internet platform by both parties,and gradually changed to an Internet supported by modern logistics.Technology-based trading process that integrates information and commodity transactions.Due to the changes in the organization and sales model of Internet e-commerce companies compared to traditional enterprises,they also have the characteristics of Internet openness,paperlessness,electronic payment,and changes in major accounting subjects.There have been changes in the audit scope,audit content,audit procedures and methods of commercial enterprises.Auditors not only need to audit the authenticity of financial statements when conducting audit activities,but also check the reliability and security of the information system of Internet e-commerce enterprises.Therefore,studying the reasons for the formation of audit risks in Internet e-commerce companies and the corresponding solutions has theoretical and practical significance for auditors in conducting audit work.This paper selects Xiaoxiong Electric,a listed Internet e-commerce company,as a case study,and analyzes and evaluates the audit risk of Xiaoxiong Electric from major misstatement risks and inspection risks.Based on this,combined with the analysis and research of the audit risk composition and influencing factors of Internet e-commerce companies,from the perspective of a certified public accountant,it puts forward specific suggestions on how to deal with the audit risks of Internet e-commerce companies.According to the research in this article,the major misstatement risks of Xiaoxiong Electric include operating risks at the financial statement level,low overall staff quality,and electronic data security risks.At the recognition level,there are higher risks of income recognition,electronic payment risks,and internal control risks.The reasons for the formation of its inspection risks include the relative lag of auditing techniques and methods,the lack of professional audit software,and the lack of professional knowledge of e-commerce by auditors.In order to cope with the audit risks of Internet e-commerce,certified public accountants can learn from the overall operating environment of the Internet e-commerce company,the latest status of the industry and the business model,the life cycle,the inherent risks of the e-commerce information system,and whether the internal control system Ensure the normal and effective conduct of daily transactions and fully assess the risk of material misstatement.By improving audit methods and technologies,accelerating the development of audit software for e-commerce enterprises,cultivating audit talents for Internet e-commerce,checking the security of system operation,and reviewing the authenticity and integrity of transaction activities,audit audits are reduced to meet audit expectations degree of effectiveness.