The Current Situation And Countermeasures Against Audit Failure Of The Stock Market

In recent years, audit failure affairs for listed companies that certified publicaccountants provide are happening continually. Regardless of public opinion orsupervisory departments, independent audits of certified public accountants havehigher requirements. The Ministry of Finance in our 2004 audit revealed a number ofcases of failure to background, and other typical cases of domestic and foreign,starting from the definition of audit failure, searching for reasons and adverse impactof audit failure extensively, on how to improve audit quality and avoid audit failure,providing basic countermeasures and further constructive and innovative measures.