2003Huadong jingji guanliRequires access

The formation and control of audit risk

Gen Zhang

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Abstract

In this essay,to begin with,the concept of audit risk is clarified.Then the objective factors,the subjective factors and the inevitable innate factors of audit methods themselves,which contribute to the formation of audit risk are analyzed respectively.Finally in order to control audit risk and to decrease and avoid the loss due to audit risk,several countermeasures that may be taken are put forward.

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What this paper is about

In this essay,to begin with,the concept of audit risk is clarified.Then the objective factors,the subjective factors and the inevitable innate factors of audit methods themselves,which contribute to the formation of audit risk are analyzed respectively.Finally in order to control audit risk and to decrease and avoid the loss due to audit risk,several countermeasures that may be taken are put forward.

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Available abstract

In this essay,to begin with,the concept of audit risk is clarified.Then the objective factors,the subjective factors and the inevitable innate factors of audit methods themselves,which contribute to the formation of audit risk are analyzed respectively.Finally in order to control audit risk and to decrease and avoid the loss due to audit risk,several countermeasures that may be taken are put forward.

Key concepts: Audit, Audit risk, Business, Control (management), Control environment, Audit plan, Risk management, Order (exchange)

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