On Auditing Captured Between Corp & CPA Firms In China Securities Market

Auditing captured is an abnormal economic phenomenon, which is a heavy hurt to marketing economy and CPA image of our country. Text want to have a bold try to study on auditing captured and expecting to pose a comprehension about it and provide some helpful advices on fathering it.In the first chapter, text study on auditing captured from "Anron scandal" and introduce correlative literatures, After which is study on mechanism of auditing captured. Firstly, research on information asymmetry theory between stockholder and management according to agency theory. Secondly, research on Adverse selection and Moral hazard according to agency theory of auditing and stakeholder, Thridly, research on facts of CPA firms and Corps . auditing captured mechanism is outgrown.In the second chapter, text introduce outside circumstances of captured. Competition circumstances of outside, benefit drive, leaks of accounting standards, leaks of outside supervision and dismissal chances of CPA firms, study on all of these facts according to correlative theory, data and cases, therefore learn the outside circumstances of auditing captured of our country.In the third chapter, text study on selection of captured or not between Corps and CPA firms based on a Game model, according to the result of Game ,study on results of captured(result of the game)on our securities markets. Thereafter, text try to provide some measures to hold back auditing captured.In the forth chapter, based on former theory and logic empirical test, attempt to provide correlative measures on fathering auditing captured from CPA firms , corps ,outsides circumstances, auditing insurance.In the fifth chapter, text summarize the whole essay and mention the next step of research aspects on auditing captured.