Audit Collusion And Its Governance Research Of The Listed Company In China

With the deepening of market economy and securities markets, the listed Company Auditing Collusion which caused financial fraud has become one of the issues of common concern. In recent years, a series of audit fraud at home and abroad, such as "Enron", "Abandonment," "Jia rui xin cai" "Hang xiao gang gou", made public person doubt an independent, objective and fair image of certified public accountants. Similarly, the objective existence of the audit collusion, which eroded the CPA industry, is not only the crisis of conspiracy to the proper functioning of our capital markets and optimal allocation of resources, but also seriously affected investor confidence in the accounting information. I hope that through the research of Chinese Listed Company Auditing, this article can provide some audit valuable suggestions which should prevent and control the audit collusion based on theory and case analysis. Therefore, the study has important audit conspiracy theory and practical needs.The author wrote this article in accordance with the question, analyze problems and solve those problems. In this article, rational "economic man" theory, principal agent and industrial organization theory are the theoretical foundation. First, the article introduces the research background and significance of the situation scholars reviewed previous studies, through study and research scholars from home and abroad to explain the meaning of the audit plot, characteristics and classification. By collecting and collating relevant information, the writer explains the collusion internal causes and external environment in Chinese Listed Company. Through the analysis of fraud case and review of recent situation, we can more clear to realize the causes and characteristics of conspiracy. So it is easy to prescribe the right medicine and put forward practical and effective control measures. This article mainly on financial fraud cases related to the cost-benefit analysis. Present the audit collusion phenomenon is still widespread in our country. As audit evidence is difficult to obtain and subjective awareness is strong, audit conspiracy is a major problem on theory and practitioner. Most existing research starting from the audit itself, explain our audit of the causes of Conspiracy, including the principal distortions, irrational aspects of the audit market structure. In fact, the existing control measures result in the actual implementation process is not ideal, and some measures not suitable for our present situation and can not solve the problem. The audit plot of this phenomenon should look at the nature. This article from the demand side, supply side and the external environment of the audit plot analyzed the phenomenon of Chinese Listed Company Auditing in order to give the source control measures to audit plot. This article focuses on strengthening the supervision of the Commission through the establishment of the Auditing Commission and the certified public accountant "Credit Account". The control of the audit demand and supply side conspiracy, play an important role in both. This article attempts to propose the establishment of certified public accountants "credit account" the specific model and how to strengthen the supervision of the Commission, some of the assessment indicators to quantify the number of forms of expression with the result more convincing. The article made governance of the external environment as an auxiliary treatment measures.