Study On The Evaluation And Control Model Of CPA Audit Quality

The new managing measures to public offering shares which was issued by CSRC in 2001 suggests that the IPO system has changed. Under the new IPO system,CSRC put a lot of emphasis on compulsory information disclosure and the listed companies'financial statements before and after IPO are audited by CPAs,which is good for investors to make decision. To execute the new IPO system effectively depends on CPAs'high quality auditing and proper audit opinion.however,the reality of long-period low audit quality is harmful to this. So the most urgent problem to solve is how to improve the audit quality.To improve listed companies'information disclosure and CAPs'securities audit quality, CSRC has made a new measure "A shares supplementary auditing".In fact ,high securities audit quality decides in a good system .One choice is to establish the audit quality evaluation system and a perfect audit quality control system,which can instruct investors to make rational decisions.In this, study,a theoretical framework of Audit quality evaluation system is presented including two parts: Apprasing standards system of accounting firms'audit quality and Evaluation system of specific audit engagement's audit quality,followed inspectively by the empirical analysis of the audit quality based on the listed companies'2001year financial statements,and make an comparative analysis of audit quality control system between America and China ,disclose shortness of our audit quality control system.In order to improve effectively audit quality, some relevant suggestion and means are provided .