Research On IPO Audit Quality Control Of R Accounting Firm

With the rapid development of China's securities market,more and more companies hope to enter the stock market and inject new impetus into the development of enterprises.However,the current IPO review system in China imposes strict regulations on the operating financial status of the companies to be listed.In addition,all companies that are going to be listed must be audited by the CSRC.It takes a long time and is slow for companies to go public.Therefore,in order to enable them to go public successfully,some companies will not hesitate to use any means to whitewash their financial statements,or even conspire with accounting firms to conduct false issuance.At present,many accounting firms are implicated in the pursuit of broadening customer channels and economic benefits,while ignoring the control of IPO audit quality control.Frequent IPO audit failures have affected the entire CPA industry.Against this background,accounting firms slowly changed their minds and began to focus on IPO audit quality control.This article uses literature research method and case analysis method to take company Z's audit as an example to carry out in-depth research and analysis to find out the problems that R accounting firms have during the IPO audit process,and the analysis has caused the accounting firm'sIPO audit quality control to fail Reasons,combined with the current status of China's accounting firms from the four aspects of the IPO audit quality control system,the independence of the accounting firm,the comprehensive quality of the practitioners,the government and industry supervision Related suggestions.