The "financial frauds", exposed recently in some big companies in the world, shows some systematic drawbacks exist in the current audit system of licensed accountants' statements.
Risks sof material misstatement are the likelihood of risks causing material misstatement in the financialstatements before audit.
重大错报风险是指财务报表在审计前存在重大错报的可能性。
3
Responsible for the monthly, quarterly and annual financialstatementsof the preparation of its subsidiaries and the accounting statements of the audit and analysis of the merger.