risk of material misstatement

Foreign researches focus on perfecting the risk-based auditing technology and method. The modern model of audit risk makes up of material misstatement risk and check risk, which indicates the basic idea on "Strategy Analyze Business Process Analyze Surplus Risk Analysis of Accounting Statements".

国外对审计风险管理的研究着重在于改进和完善风险导向审计的技术与方法，把审计风险要素划分为重大错报风险和检查风险，体现战略分析经营环节分析会计报表剩余风险分析的基本观念。

This article studies the risk for material misstatement, put forward registered accountant how to distinguish in audit, evaluate and reply risk for material misstatement, so reduce overall audit risk to satisfy the requirement of social the public.

本文通过对重大错报风险的研究，提出注册会计师在审计中如何识别、评估及应对重大错报风险，从而降低整体审计风险满足社会公众的要求。

Combined with the institutional background of Chinese listed companies, the thesis analyzes the relationship between corporation governance characteristics and audit risk of material misstatement.

本文从公司治理的角度出发结合我国转型时期的特殊背景，研究公司治理特征与审计重大错报风险的关系。

Thereafter, the paper explains three steps about how to utilize contemporary model of auditing risk. The three steps are: setting desired auditing risk, evaluating risk of material misstatement and determining detection risk.

其次，详细分析了如何应用现代审计风险模型，分为三大步骤：设定期望审计风险、评估重大错报风险和确定检查风险。

The Research on Application of Modern Audit Risk Model Based on the Risk of Material Misstatement

基于重大错报风险的现代审计模型应用研究

Effective internal control not only saves the cost that CPA provides the audit service, but also reduces the risk of material misstatement of financial statements.

有效的内部控制不仅可以节约注册会计师的审计成本投入，而且还能够降低其所承担的审计风险。