Discussion On The Causes And Countermeasures Of Failure

In recent years,due to the continuous growth of China's economic market,the issue of the accuracy of financial reports has also received more and more attention.However,observing China's current economic market,we now find that CPA auditing,one of the accounting information regulators,is now difficult to achieve its due monitoring effect,and the unfair response of accounting information will not only lead to the expected use of its financial statements.The economic loss will also make the accounting reduce the trust of the firm in the public psychology,affect the reputation of the accounting firm,and bring certain economic losses to the accounting firm and the certified public accountant.Therefore,through the research and analysis of the audit failure of listed companies,it is important to find out the reasons and countermeasures for the audit failure of CPAs,so as to improve the audit quality and reduce the audit failure of listed companies.However,most of the current research status is to analyze and suggest audit failures at the overall level of listed companies,and to conduct research from audit failures and audit fees,or to combine audit failures with audit costs,but there is little evidence.The case of the boss's audit failure failed to study the reasons and countermeasures of the audit failure.Therefore,this paper combines the situation of China's audit failure in 2001-2018 and the case of Hainan Asia-Pacific audit failure in 2015.Through the analysis of the status quo and the case,some reasons for the audit failure are obtained,and then the corresponding reasons for the audit failure are proposed.Preventive measures for audit failure.The research idea of this paper is to firstly analyze the current situation of audit failure in China according to the punishment announcement of the relevant audit failure of the CSRC from 2001 to 2008,and then analyze the profit method of Hainan Asia-Pacific case and then follow the auditing criteria.And the relevant accounting standards for the analysis of the reasons for the failure of the audit,the reason analysis mainly from the two perspectives of accounting firms and certified public accountants,and then based on the analysis of the above reasons,to improve the quality of auditing,reduce the occurrence of audit failures Corresponding countermeasures and recommendations.It aims to improve the quality of audits of listed companies and safeguard the legitimate rights and interests of relevant parties.The research value of this paper lies in the analysis of cases,combined with the current accounting standards,sums up the reasons for audit failure,and then provides some countermeasures to reduce audit failure,which in turn provides some reference for Chinese CPAs in auditing,and also helps to improve The quality of financial information and audit quality of listed companies in China avoids the loss of the interests of enterprises,governments,investors and consumers,and then protects the legitimate rights and interests of relevant capital investors and promotes the healthy and vigorous development of China's economic market.