Research on Audit Risk Control for Overseas Related-Party Transactions of Multinational Corporations: A Case Study of Samsung

Yuxi Sun

doi:10.6981/FEM.202509_6(9).0002

Authors

Yuxi Sun

DOI:

https://doi.org/10.6981/FEM.202509_6(9).0002

Keywords:

Samsung; Overseas Related-Party Transactions; Audit Risk; Risk Control.

Abstract

In recent years, as market competition has intensified and the securities market has developed rapidly, related-party transactions have become increasingly frequent. Some companies, driven by self-interest, manipulate revenue and profits by embellishing their financial statements-a practice that has attracted significant public attention. This trend necessitates that auditors place greater emphasis on the audit of overseas related-party transactions and enhance audit quality. This study adopts a case analysis approach, focusing on the audit risk control of Samsung Group’s overseas related-party transactions. By identifying risks of material misstatement and detection risks, the study proposes corresponding control measures to address existing audit risks. This research holds practical significance for enriching the theory of audit risk in related-party transactions and improving the quality of audits concerning overseas related-party transactions.

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