IPO Issuance To Be Listed Companies In China Study Examination

Past two decades, China's capital market developed rapidly and achieved remarkable success. Capital markets, as an emerging market, financing, optimizing resource allocation, economic development of our country is playing an increasingly important role. Quality of listed companies is the basis for the development of China's capital market, based on China's A share market to establish a strong strategic goal, the next few years the development of China will increase the number of listed companies, improve the quality of listed companies. Yet, in many a high quality business with great hope that through the capital market and Make the time,Often due to various reasons fail to pass the China Securities Regulatory Commission's review, even for market failure in the entire enterprise devastated, all dropped. This listing of Chinese enterprises to be audited in the distribution phase was not the main reason, the empirical research and analysis, and summarizes the China Securities Regulatory Commission to audit focus and audit of thought to the future of the enterprise can play a guiding role in market.In this paper, the current vetting system, the historical evolution have been described, highlighting the evolution of China's IPO issuance review the history and background of the subsequent approval system currently used by our theoretical basis, advantages and disadvantages are analyzed, presented our the characteristics of the existing approval system and listed in the approval process of enterprises in China are analyzed in the audit released in recent years under the approval system as a whole. In the specific content of the audit analysis, the author through the financial issues and non-financial issues on both the approval of the proposed listing on the specific requirements of our standards.Qualification for example, standardized operation, financial accounting, independence, sustainability, and information disclosure of classified research, was not on the actual case, the failure to audit the company through the issuance of the problems in detail the research and analysis, create from several aspects of the problems summarized and concluded.On this basis, listed companies on the proposed rate increase by issuing audit made several recommendations, including its own enterprises to identify the stages of development and capital market position, improve corporate governance, standardized operation, completely solve the independence and maintain continuous profitability, good quality assurance mechanisms for information disclosure, etc., in order to be listed companies on the IPO issued by a certain audit guidance and assistance role. I also think, as people concerned about the degree of increase in the capital market, the theory and practice research will be further extended, the content will be further enriched.