AICPA prompted significant changes in accounting policies audit risk information channel _ China _ net _ accounting perspective needed to accountants - CPA | Certified Tax | Accounting titles | Senior Accountant | Accounting practitioners

Recently, the note note , Which is significant at the end of the period Change the listed company Make a hint. Note the relevant person in charge of the note, some listed companies in the near future occurred significant Policy changes, there may be inflated ,underestimate , Overestimate Of the situation, the audit risk is higher. In the audit process, the firm should focus on the following matters: One is concerned risk. Should be sufficient of ,especially Layer with does it exist Problems, and management And at the same time, to maintain a high degree of professional suspicion of the statements or evidence provided by the management, to fully understand the intentions of changing accounting policies, Related to policy changes , And whether the company had frequent changes in accounting policies in previous years. Second, pay attention to the appropriateness of accounting policy changes. registered Should pay attention to whether the company's main business changes, the corresponding major accounting policy changes are consistent Whether it is consistent with other listed companies in the same industry or industry practice, to determine whether the accounting policy changes are reasonable and legitimate, whether there is abuse of accounting policy changes to adjust assets and Case. Third, concerned about the accounting policy changes on the annual operating results may arise The The CPA should pay attention to the significant changes in the results of the change of the accounting results before and after the change of accounting policies, and should pay particular attention to whether the company has realized the profitability in the fourth quarter through accounting policy changes and should pay attention to whether the company changes the accounting policy and the corresponding accounting treatment Appropriate, and accounting policy changes to the company Ability to have an impact. Fourth, concerned about the changes involved in accounting policy related assets The rationality of change. Changes in accounting policies may lead to changes in the measurement of the relevant assets, the CPA should be fully concerned about the relevant The use of important assumptions, methods and the relevance of the original data, rationality, rational use and evaluation of the work of external experts and, where necessary, additional implementation of targeted The Representatives of the firm said that the note in the Association Audit supervision from the point of view of the firm and the CPA, put forward targeted professional advice, to prevent the listed company's annual audit risk of a large role, will be combined with the actual situation, carefully study the risk of advice tips, and actively respond Measures to ensure the quality of annual audit work.