| Audit collusion refers to the collusion between auditors and other interested parties in conducting an audit.In reality,auditors are often influenced by external factors,such as the temptation of the audited entity’s interests,pressure exerted by stakeholders,etc.,resulting in their inability to maintain independence and objectivity,leading to audit collusion issues,which have adverse effects on customers or the market.The emergence of audit collusion not only damages the reputation of enterprises,but also has a negative impact on the market,leading to market instability and unfairness,and thus affecting the development of the entire economy.Audit collusion is a complex behavior that involves multiple stakeholder games.This article selects the case of *ST Xinyi audited by the Tang Tang Institute.Firstly,from a game perspective,we agree on the economic factor variables of different parties,establish a mutual game matrix between the client,auditor,and conspirators,and adjust variables such as the strategies and coping styles of different parties to analyze the behavioral factors that lead to audit collusion.Secondly,through solving and discussing the multi-party game matrix,it is concluded that in order to reduce the probability of collusion among conspirators,it is necessary to increase the punishment and reduce the additional benefits they can obtain through collusion;Strengthen the standardization of the audit market,improve important influencing conditions such as the auditor reputation mechanism,and increase intangible losses such as reputation losses,thereby reducing the probability of collusion with conspirators;Strengthen market supervision to increase the probability that conspirators will be subject to market supervision and punishment,thereby reducing the possibility of fraud and conspiracy by conspirators.Finally,this article proposes targeted countermeasures and suggestions for preventing and responding to audit collusion from the perspectives of regulations and systems,listed companies,accounting firms,and auditors,and looks forward to more ways to identify,prevent,and respond to audit collusion in the future. |
