The Study Analysis On Shu Lun Pan CPAs Audit Failure To ST Wisdom

The accounting firm is an independent third-party organization that evaluates the authenticity and reliability of the financial information provided by the audited entity and audits and verifies its financial information to express an opinion on the audit.Certified Public Accountants shall fully collect and analyze the audited units on the basis of their authenticity and fairness of the financial statements on the audit opinion for the expected financial statements users and the public to ensure the audited unit financial statements of the reliability of information.Due to the economic and social development and intensified the outbreak of information asymmetry,the importance of auditing more and more public attention.Due to the important position of accounting firms in the capital market,it is very important to control the risk of accounting firms.However,there are still many problems in the risk control of accounting firms in our country,which is a hidden risk to the capital market.This paper begins with the case of audit failure of ST’s wisdom by SHU LUN PAN CPAS,and analyzes the problems of credit control exposed by LOS ANGELES.From the case point of view,Ericsson’s audit business risk control problems mainly in the following areas: the unscientific audit plan;lack of internal auditors;internal management structure is not perfect;three review system is not strictly implemented.This article addresses these issues,from the macro-level control of accounting firms and accounting firms in the specific implementation process of the business level put forward specific recommendations.The value of this article is that through a deep analysis of the case,the paper analyzes a large number of issues concerning the risk control of SHU LUN PAN CPAS China.As a leading accounting firm in China,the credit risk control of the firm is already at a complete level in the country.Its risk control problem is virtually universal in many domestic accounting firms.Therefore,the proposal made by this paper to Lixin Certified Public Accountants actually applies to many other domestic accounting firms.If these proposalsare adopted by many accounting firms,going small means that these accounting firms will strengthen their own risk control and improve the quality of auditing.To make it bigger is to help our country’s accounting firm to move toward a healthier and better development track,and to help the capital market to be more regulated and stable.