On Prevention and Control of Audit Risk
Wenfen Liu
Abstract
Wenfen Liu
Abstract
Research on audit risk is an important system of building audit risk theory.The correct understanding on audit risk is the presupposition of effectively preventing audit risk.We should take relevant measures to control and correct the problems in auditing,create a harmonious auditing environment from outside to resist audit risk,accordingly,to exert the function of auditing and perfect our auditing system.
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Research on audit risk is an important system of building audit risk theory.The correct understanding on audit risk is the presupposition of effectively preventing audit risk.We should take relevant measures to control and correct the problems in auditing,create a harmonious auditing environment from outside to resist audit risk,accordingly,to exert the function of auditing and perfect our auditing system.
Key concepts: Audit, Audit risk, Audit plan, Business, Internal audit, Control (management), Presupposition, Inherent risk (accounting)