A Case Study On The Lack Of Professional Competence Of CPA

The continuous development of economy and society has brought more opportunities and challenges to enterprises as the main body of the market.In order to stand out from many competitors,some enterprises ignore the market rules,trying to use the side door left,opportunistic way ’ corner overtaking ’,this time the importance of audit is highlighted.The role of the audit industry in the smooth operation of the economy cannot be ignored.In order to avoid this risk,CPA,as the new force in the audit industry,must come forward and escort them.CPA should not only have the original intention and enthusiasm for the audit industry,but also his professional competence.The professional competence of a registered accountant is a factor that directly determines the success or failure of the audit,and it is of great significance to pay attention to it.This paper will start with the case of Tangtang Accounting Firm auditing Xinyi Company,and analyze the case from the perspective of CPA ’s professional competence.The article will first introduce the background,significance and main content of the research,then explain the relevant concepts and theoretical basis,and the context of the whole case.The third part of the article will analyze the performance and reasons of the lack of professional competence of CPA in the audit process.After a comprehensive analysis of the case,the following conclusions are drawn : the professional competence of CPA is affected by its risk estimation ability,professional ethics level,work experience accumulation and professional knowledge reserve.The final countermeasures and measures are based on the ’ prescription ’issued by the cause of the disease,hoping that in the future audit work,or the theoretical research on the professional competence of CPA can have a certain reference.Compared with other articles on audit process and audit failure,the scale,organizational structure and popularity of the accounting firm selected in this paper are smaller and simpler.The perspective of this paper is also transformed from the whole process of audit work to the professional competence of CPA and their own,which are relatively new in this paper.The conclusions drawn from the above perspectives can also provide some reference value for the improvement of the personal ability of other small and medium-sized accounting firms and their CPA.