Study on the Financial Audit Risk Prevention Based on Data Mining Technology

Abstract:

Along with the development of the modern economy, the financial industry is becoming more and more important. However, the global economy has begun to decline after the financial crisis occurred, so that the financial industry is seriously hit, the financial audit risks are greatly increased, and also the security problems of financial audit have gradually become the focus in the eyes of people. In this paper, the risks in the current financial audit and the necessary measures of preventing these risks through data mining technology are analyzed in depth from the perspective of data mining technology as advanced audit technology.

• Periodical: Applied Mechanics and Materials (Volumes 608-609)
• Pages: 351-354
• DOI: https://doi.org/10.4028/www.scientific.net/AMM.608-609.351
• Online since: October 2014
• Authors: Bi Zhu Qin*
• Keywords: Data Mining (DM), Financial Audit, Risk Prevention

References

[1] CHEN Guanping. Study on the Ways for Implementing the Functions of the Financial Audit Immune System—An Empirical Analysis based on the Audit Results [J]. Journal of Auditing Research, 2009. 3.

[2] LIU Yanjiao, CHANG Jingjing. The Design and Implementation of the Intelligent Audit System based on Data Mining [J]. Journal of Financial Audit, 2011. 6.

[3] CHENG Guanhua. Study on the Application of Data Mining Technology in the Commercial Banks Internal Auditing [J]. Journal of New Accounting, 2011. 3.

[4] LU Jiahui, WEN Huayi. Study on the Computer Audit Model of Commercial Banks [D]. Beijing: China times economic publishing house, (2009).

[5] CHEN Yuekun. data mining—New Data Processing Methods for the Modern Audit [J]. Chinese audit. 2011. 7.

[6] LV Xinmin, WANG Xuerong. Study on the Application of Data Mining Technology in the Audit Data Analysis [J]. Audit and Economic Research. 2013. 3.