Research On Identification And Prevention Of Audit Risk In Online Game Industry

In recent years,with the rise of another wave of the Internet,the number of Internet listed companies is increasing,and more and more funds have flowed into the Internet concept,of which the online game industry ranks first.Although the online game industry has a large market scale and rapid development,its industry competition has changed from a blue ocean to a red ocean,and at the same time,the short product life cycle of the online game industry,strong internal mobility of the R&D team,innovative profit models and the digitization of its data have a great impact on the daily operation of enterprises.This makes the audit risks faced by online gaming industry audits more complex and diverse.Despite this,CPA still do not pay sufficient attention to the audit risks of this profession.Therefore,it is necessary to study the audit risks of the online game industry,in order to provide certain guidance for the future audit of the online game industry.This paper uses literature research method and case analysis method.Firstly,the literature related to audit risk is studied and classified,including the definition,model,influencing factors,identification,prevention and response of audit risk.At the same time,the combination of principal-agent theory,insurance theory and risk-oriented audit theory provides a theoretical basis for this paper.Secondly,the special business model and industry characteristics of the online game industry are analyzed in depth,and the five characteristics of the online game industry are analyzed from the operation mode and profit model of the online game industry.At the same time,it is also concluded that the audit environment,audit objects and audit methods of online game industry audit are changed compared with traditional industry audit.Then,by taking the analyzed characteristics of the online game industry as the basis for analysis,the reasons for the audit risks that auditors may face when auditing the online game industry are analyzed from the aspects of material misstatement risk and inspection risk.In terms of material misstatement risk,the causes of operational risk,inherent risk and internal control risk were analyzed.The analysis of inspection risks found that there are currently problems such as lack of audit skills in the CPA information system,insufficient domestic standards and lack of specialized audit software,which create inspection risks.This paper takes a typical enterprise Y in the online game industry as an example,and based on the analysis of the audit risk in the online game industry,the problems existing in the risk of material misstatement and inspection risk of enterprise Y are obtained.Finally,based on the analysis of enterprise Y,accounting firms put forward two countermeasures: attach great importance to the characteristics of online game enterprises,focus on continuous operation capabilities,focus on checking revenue recognition and internal control design,verify the quality of audit evidence and use "big data" and "cloud computing" for auditing,improve the ability of accounting firms themselves,improve the quality of auditors and strictly implement the quality control of accounting firms,innovate the implementation objects of letters and use block chain technology.The conclusions reached in this paper hope to provide reference for the future audit work of the online game industry,and also hope to reduce the audit risk of auditors in the audit of the industry,improve the audit quality,and promote the healthy development of the online game industry.