Research On Audit Quality Control Of Accounting Firms

The quality of audit report is directly related to the stability of the entire capital market.With the continuous development and improvement of China’s capital market,all walks of life have increasingly stronger requirements on audit quality,and the audit market has gradually become mature,standardized and institutionalized.However,zhangzidao,changchun changsheng and other cases of financial fraud are still not eliminated,also exposed that there are still many problems in China’s audit market,audit quality is uneven.Investigate its reason,first,because our country securities institutions.Secondly,some domestic firms adopt low-price competition to attract customers.In order to reduce costs,they "skimp" audit procedures,reduce the number of auditors and reduce the investment of audit resources.Audit quality cannot be guaranteed as well.Here,this paper will study the relationship between abnormal audit cost and audit quality.This paper selected A,A large domestic accounting firm,as the case analysis object,and focused on the relevant data of its a-share listed company clients for research.Previous similar studies mostly focused on the whole main board,Hong Kong stocks or us stocks.In this paper,the abnormal audit costs of the target firm are divided into positive and negative impacts on audit quality,so as to find relevant means to improve the audit quality and strengthen the audit quality control.