Research On Ruihua Certified Public Accountants Quality Control

As a well-known accounting firm in China,Ruihua received four “penalties” from the regulatory authorities in 2016,given that Ruihua is a large-scale and representative accounting firm in China,The penalties received in the year are typical and of research value.Therefore,this paper intends to use Ruihua Certified Public Accountants as the research object to analyze the mistakes in the penalized cases,according to the practical operations in its work and in recent years.The problems reflected by the penalties were analyzed,and the control of their audit quality was analyzed.Preventive measures were put forward from the perspective of the audit firm against audit risks.Finally,based on research and analysis of Ruihua Certified Public Accountants,they were deepened and expanded to form a pair.China's accounting firm industry control quality and audit risk countermeasures.This article is divided into seven parts.The first part reviews and summarizes the existing research literature.The second part defines the relevant concepts.The third part describes the current status of Ruihua audit quality control.The fourth sector is the Asia Pacific industry.The failure cases are discussed.The analysis reveals what problems Ruihua has in terms of quality control.The fifth section summarizes Ruihua's problems in quality control.The sixth part provides relevant recommendations on existing quality control issues.The seventh part concludes the conclusion of this paper that the suggestions for improving the quality control issues of Ruihua Certified Public Accountants mainly include strengthening the independence of CPAs,maintaining a reasonable and prudent attitude of certified public accountants,improving the practicing capacity of auditing practitioners,and paying special attention to special issues.The industry's audit difficulties are four points,and these recommendations are extended to the entire accounting firm industry.