Research On Revenue Audit Risk Of Online Game Enterprises

In the context of the great development of network technology and mobile terminals,China’s game users have shown an explosive growth,the development of the game industry’s operation mode and the improvement of the business environment,and online game companies operating environment changes cause the audit environment also have great change.The large differences between online game companies and traditional companies in operating methods and operating environments also make auditors face more complex and diversified audit risks during the audit process.Moreover,my country has not yet issued any guiding opinions on the audit risk prevention of virtual goods sales revenue.The accounting firm’s identification and response to the revenue audit risk of online game companies is still in the process of “practice and summary”.Online game company revenue audit risk as a high-risk area,still requires certified public accountants to keep focused attention and strengthen the identification and response of income audit risks.In this paper,using the risk-oriented audit theory,theory of earnings management and audit risk model study of K online game company income audit risk.Due to complication of revenue recognition criteria,are analyzed in detail the pricing and selling virtual goods discount diversity,virtual data easy to tamper with,spontaneous fault information system,internal control risk and management risk of material misstatement risk,and because of the letter of certificate program restrictions and auditors check risk caused by information technology ability is insufficient.Finally,from the perspective of auditors,countermeasures to reduce the risk of online game companies’ revenue audit,and improve the efficiency and effect of audit work.The research found that online game company revenue audit risks are mainly due to the different operating methods and the diversification of virtual commodity pricing and sales discounts,which can easily lead to changes in revenue recognition methods and increased subjectivity of revenue judgment standards,which leads to unreasonable timing of revenue recognition;reliance on business the information system data is likely to lead to the risk of fictitious income due to incomplete and inaccurate data as well as the insecurity and instability of system operation;Internal control and risk management,due to the internal control defects and the cause of the inherent risk can lead to the circumstances of the fraud or surplus management of the enterprise,non-standard behavior also caused the audit risk.The poor implementation effect of verification procedure and the insufficient information technology ability of auditors lead to the increase of audit risk by affecting the inspection risk.