Abstract: Risk-oriented audit is an advanced internal audit method in western countries at present, which represents the development direction of internal audit in China. With the increasing integration of China into economic globalization, it is necessary for China's internal audit to learn from the advanced theories, methods and technologies of risk-oriented audit.

The development of social economy makes enterprises face increasingly complex business risks. The traditional internal audit mode has not adapted to the needs of current economic development. Modern internal audit mode based on risk has become an inevitable trend of internal audit reform.

The key of risk-oriented audit method is to identify and control risks. Because audit risk is influenced by the inherent risk, risk control and detection of enterprises, risk-oriented audit theory takes audit risk analysis as the core, aiming at establishing a scientific audit risk analysis model. Qualitative and quantitative analysis is used to quantify, determine and control the inherent coefficient of assurance level, and determine the acceptable risk detection level to ensure the audit quality.