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Design and implementation of accounting and audit risk early warning system based on big data

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DOI: 10.23977/accaf.2024.050117 | Downloads: 19 | Views: 258

Author(s)

Jingyi Li 1, Mengdie Lu 2, Zongying Guo 3, Yuxiang Sun 4, Sihui Dai 5

Affiliation(s)

1 BDO USA P.C.Los Angeles, CA 90071, USA
2 Westcliff University, Irvine, CA 92614, USA
3 The Hong Kong Polytechnic University, Fremont, CA 94539, USA
4 Ernst Young, 100 Grand Ln, Foster City, CA 94404, USA
5 ISoftStone Technology Corporation, North York, Ontario, M2J 2C5, Canada

Corresponding Author

Jingyi Li

ABSTRACT

This paper discusses the design and implementation method of the accounting and audit risk early warning system based on big data. First, it expounds the importance of big data in accounting and audit risk management, and points out that it can effectively improve the accuracy of risk identification and prediction. Then, the construction process of the system is introduced in detail, including the key steps such as data acquisition, preprocessing, risk index selection, model establishment and early warning mechanism design. Among them, big data analysis technologies, such as data mining and machine learning, are used to conduct in-depth analysis of accounting information to identify potential audit risks. In addition, the system also realizes dynamic monitoring and real-time early warning functions, so as to timely detect and deal with risks.

KEYWORDS

Big data; accounting audit; risk early warning system; design

CITE THIS PAPER

Jingyi Li, Mengdie Lu, Zongying Guo, Yuxiang Sun, Sihui Dai, Design and implementation of accounting and audit risk early warning system based on big data. Accounting, Auditing and Finance (2024) Vol. 5: 120-126. DOI: http://dx.doi.org/10.23977/accaf.2024.050117.

REFERENCES

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[6] Zongying Guo, Yuxiang Sun, Jingyi Li, Mengdie Lu, The Influence of Business Analytics on Modern Management Accounting Informatization Decision under the Background of Big Data. Accounting and Corporate Management (2024) Vol. 6: 101-107. DOI: http://dx.doi.org/10.23977/acccm.2024.060114.
[7] Yuxiang Sun, Jingyi Li, Mengdie Lu, Zongying Guo. Study of the Impact of the Big Data Era on Accounting and Auditing. [J]. Frontiers in Business, Economics and Management, (2024) 13(3), 44-47.
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