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The Study On CPA Audit Quality Of Listed Companies In China

Posted on:2005-10-28Degree:MasterType:Thesis
Country:ChinaCandidate:H X WuFull Text:PDF
GTID:2156360125454691Subject:Accounting
Abstract/Summary:PDF Full Text Request
At present, the audit quality of CPA in the listed companies in our country has become a more and more grievous problem which we cannot ignore any more. The fair foundation of the capital market, the confidence of the investors and the operating mechanism of corporate governance have all been threatened. Taking the value of CPA audit quality as its theoretical basis, this dissertation attempts to investigate the status quo of CPA audit quality of the listed companies in our country and the main contributing factors thereof, and accordingly, construct ways to improve CPA audit quality of the listed companies in our country.This dissertation consists of the following there chapters:Chapter I. The related factors of CPA audit quality of the listed companies in our country. This chapter gives a'full and systematic analysis on the value of CPA audit quality of the listed companies in our country from three perspectives: the capital market, the corporate governance and the CPA firm. The CPA audit has the function of certifying the value of accounting information. Different audit qualities may change the distribution of interest among different participants in the capital market. The high-quality CPA audit can not only reduce the probability of the manager's manipulating the accounting information, but also helps to realize the stimulating role of the management reward contract, and promote the efficiency of corporate governance. The CPA firm is the main body for audit business and a professional organization for CPA's. In the market economy, the CPA firm as a main body for market competition is an economic entity that has its independent property right, and the relevant responsibility, and aims at its maximum economic interest. The CPA audit quality is both the foundation for the interest of the CPA firm and the guarantee for the reputation of the firm. It also serves as an effective measure to lower the audit risk.Chapter II. CPA audit quality of the listed companies in China. The first part examines the serious problems present in CPA audit quality seen from these two aspects: the result of the investigation into the CPA audit quality in the listed companies of our country, and the typical cases of audit failures that have been exposed. These factors are as follows: the organizational system of the CPA firm has defects; quality control system of the CPA firm is imperfect; the audit pricing does not conform to the standard; the engagement system for the CPA firm is distorted.Chapter III. The CPA audit quality of the listed companies in China: measures for improvement. As against the above four contributing factors for the low audit quality this chapter puts forward measures for improvement in order to promote CPA audit quality of the listed companies in our country, and to fulfill the function of CPA audit in the capital market, the corporate governance and the CPA firm. These measures are as follows: to reform the organizational system of the CPA firm; to perfect the professional standard for audit quality control; to standardize audit pricing; to rectify the engagement system for the CPA firm.
Keywords/Search Tags:Listed company, Certified Public Accountant (CPA), CPA Audit, Audit quality
PDF Full Text Request
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