The Research About The Audit Judgment On Chinese Listed Companies' Going-Concern Uncertainty

This article based on the background of Chinese Independent Audit Market, discussing from the angle of audit companies and auditors, focuses on the Audit Judgment on Chinese listed companies'going-concern uncertainty. Chiefly, this article applies normative study. First, the sense and value of this subject is systematically discussed. Second, we study on the method on how to judge. At last, the solutions to the realistic problems were analyzed. The main points and innovations are as follows:(1)After comparing two of main modern patterns of auditing, we come to this conclusion: The Risk-based Auditing inherits all merits of System-based Auditing, and is better at keeping risks away. So it is more advantage in the modern time. On the other side, the neglect of the listed companies'going-concern uncertainty harms the rights of persons of correlative benefit, and results in audit failure, even leads to audit companies and auditors been subjected to legal proceedings. Virtually, the listed companies'going-concern uncertainty is one of the key risks to independent audit. Auditors should learn the lessons, acquaint themselves with this uncertainty newly, and attach importance to it(.2)The judgment on the listed companies'going-concern uncertainty is too complex to ordinary auditors. In order to improve this ability, the accounting companies have to up build strong database and analytic software to meet the needs of professional judgment. CPAs need to acquaint themselves with knowledge interrelated. The devotion to the judgment on going-concern uncertainty may bring good reputation and many blue-chip works, so it is meaningful.(3)Some Financial Early-warming technologies are relatively mature in bankruptcy forecasting of listed companies. So we consider that these technologies are the foundation of keeping risks away and ensure audit quality for auditors in the Audit Judgment on Chinese listed companies'going-concern uncertainty.(4)Based on the foregoing analyze, we also analyze some problems in reality and bring forward several countermeasures and advices, such as amelioration of the regulations, constitution of reputation mechanism in independent audit market and bringing up to persons with ability on Going-Concern uncertainty judgment.