Research on Income Audit of Internet Financial Information Service Industry—Take Shanghai DZH Limited as an Example

Abstract

The development of social economy has promoted the rise of Internet financial information service industry in China, and the diversified service revenue recognition of this industry has brought certain difficulties to the audit work. The article starts from the difficulty of revenue recognition in the Internet financial information service industry. Taking the auditing failure case of DZH as an example, it focuses on analyzing the problems in the revenue recognition and the fault of Shu Lun Pan, and exploring the problems that CPAs should pay attention to when auditing the income of the Internet financial information service industry. Analysis found that CPAs should maintain professional cautiousness, be alert to audit risks, optimize audit procedures, standardize audit work, and clarify audit scope, obtain adequate and appropriate audit evidence, based on understanding the difficulties in revenue recognition in the industry to improve the audit quality of revenue recognition in the Internet financial information service industry.