Research On Audit Quality Control Based On S State-owned Enterprise Restructuring

With the advancement of China's economic system reform and the deepening of the market economy,the reform of state-owned enterprises has been comprehensively promoted,and the quality requirements for the audit of state-owned enterprises have been improved.As an indispensable part of enterprise restructuring,financial auditing,in addition to supervising whether the audited entity can truly and objectively reflects its financial situation,operating results and cash flow,also ensures that the assets of the restructured enterprise are true and complete to prevent the loss of state-owned assets and protect the interests of investors.However,the auditing time is tight,the task is heavy,and the implementation of the reform auditing procedures is not in place;the practical experience that can be referenced is less,and there is a lack of comprehensive and effective guidance and supervision,thus restructuring auditing cannot play its full role.This paper is guided by modern state-owned enterprise theory and modern auditing theory,and based on audit quality control guidelines,guiding ideology of state-owned enterprise restructuring and guiding opinions on auditing supervision of restructuring.Combined with the special situation of state-owned enterprise restructuring,this paper introduces the process,objective and key points of restructuring audit,and further analyzes the experience,quality problems and causes of restructuring auditing based on the specific process of A Certified Public Accountants' audit of S State-owned Enterprise restructuring.This paper concludes that the project team has strictly reviewed the revision documents,got familiar with relevant policies and regulations in advance,actively consulted the professionals,attached importance to communication with the audited bodies,and timely communicate the scope of restructuring,etc.,but there are also problems such as improper importance level setting,irregular audit procedures,lack of audit basis,inaccurate audit data and loose risk assessment.Tracing back to the source is due to the lack of professional competence of the audit team and the omission of audit policies and regulations,the low degree of cooperation with the audited entity,and the reasons for the formal review of the auditTherefore,considering the particularity of restructuring audit projects,it is necessary to improve the quality of state-owned enterprise restructuring audits.First of all,it is necessary to improve relevant policies and regulations,complete the aud it work norms,and strengthen audit supervision and punishment;secondly,further strictly implement the audit procedures,improve the overall quality of auditors,and pay attention to the division of labor and cooperation with the participants;Finally,t he supervision and guidance of the auditees and asset appraisal institutions should also be strengthened.Through the case study of A Certified Public Accountants' restructuring audit of S State-owned Enterprise,this paper analyzes the process,major difficulties and objectives of the restructuring audit,which provides a practical basis for the theoretical development and rule formulation of the restructuring audit.It is of great practical reference significance to improve the auditing process,strengthe n the weak links in auditing improving the quality of state-owned enterprise restructuring auditing,and giving full play to the role of restructuring auditing in the restructuring of state-owned enterprises.