Research On Audit Fees Of Accounting Firm XL

Audit business is a new type of service industry that has been rapidly developed to meet the trend of economic development in China.However,with the development of the audit business,the increasing number of accounting firms and lack of pricing methods,the problem of low price competition often appears in the large number of small and medium-sized accounting firms in China,this led to a serious reduction in the quality of audit services provided by accounting firms,and also affects the development of our auditing industry.As a member of small and medium-sized firms,XL accounting firm is facing a number of problems,such as the audit business structure is single,the audit charge is low,the audit fee standard is not uniform,the payback period of the audit fee is too long,the repayment method of contract is not made and so on.Researching on audit fees and solving the problem are key to the development and expansion of XL accounting firm.This dissertation is striving to solve the audit fee problems of XL and put forward some countermeasures and suggestions.In this dissertation,we will find out the actual conditions of auditing charges of accounting firms by means of research and questionnaire.In connection with the large number of literature data previously reviewed,as well as the actual situation on our country's audit market,we have found that the problems of XL accounting firm are currently under way,for example,the audit charges are low,the audit fee lacks reasonable pricing methods,and the period of the payback period is long.The reasons are analyzed for these problems.The cause of low audit fees for XL accounting firm is small scale and the lack of brand.The reason for the return is that the business arrangement is not serious and blind to keep the clients.The reason for the lack of a reasonable pricing method is that the official standards of audit fees are unreasonable,and there is not a pricing method that suits XL.To solve these problems,we put forward some suggestions: scale up,carry on the diversification to reduce the dependence on the relationship between the clients,create our own brand,to set up a cost-based pricing method and enforce it,to sign a clear contract and focus on management of the customer's operation and credit status.