会计师事务所审计风险和防范外文文献翻译中英文.doc

外文文献翻译 () 文献出处：JIA X. W. The discussion on audit risk and prevention of accounting firm[J]. Modern accounting and auditing, 2009(7):56-61. 英文原文 The discussion on audit risk and prevention of accounting firm JIA X. W The goal and the significance of researching audit risk Audit risk not only affects CPA’s vital interests, but also is direct proportion to the operating risk. So, it is important to study the reasons of audit risk. The studying on audit risk is to improve the working quality of CPA to reduce the charged risk, to construct a reasonable auditing environment, and to inform and provide fair information to users to help them making-decisions. The author thinks the audit risk rising due to poor quality of accounting firms. The CPAs work for firms, and the firms should be responsible for CPAs activities, to decrease the CPAs? risk and avoid the firms? risk. Only those risk are considered, both the firms and the CPAs may improve each other to promote the development of CPA business. The problems of accounting firms ⑴ Low-price competition Social existence of competition, the price is the most key eye-catching customers. If any firm uses better price, the business would increase, and give rise to more profit accordingly, and the firms own competitive advantage to ensure the future development. There is an audit fee standard in the firm, but also there is greater flexibility on specific operations. ⑵ The imperfect system of quality control At present, most firms require the issued audit reports should base on three— tier review systems. In other words, after issuing the first draft of audit report, project manager must take it to departmental verify, then to manager in charge of department verify, to quality supervisors review lastly. Only after all the three review staffs agree , the audit report may be issued formally. In fact, the firms don’t carry out the system conformity strictly because of many reasons, and reduce part of the procedures. For example, du