Discussion On Audit Quality Evaluation Index System Of Certified Public Accountants

Up to now, many domestic and overseas auditing scholars have made deep research on some items of audit quality, but most of them emphasized on audit quality control. The author considers that we must firstly resolve the problem of building-up the criteria for appraising audit quality in order to resolve effectively the problem of audit quality and its control. In this study, the author consults much relative research and analyzes the cause of low audit quality. Then the author brings forward the principle of audit quality evaluation system, and divides audit quality into two parts based on Bounded Rationality Theory of Herbert A. Simon: the general audit quality of accounting firms and the audit quality of specific audit items. From the aspect of accounting firms, there are six indexes of appraising audit result and thirteen indexes of appraising audit process. From the aspect of specific audit items, there are three indexes of appraising audit result and seventeen indexesof appraising audit process. Through quantitative and qualitative analysis and the practice of grade management system for accounting firms, the supervisors give a signal about professional quality to the public. Then the accounting firms are urged to strengthen its own service quality and provide high quality to the public. At last, this paper plans to offer some opinions on the applied prospect of the methods, including evaluation principal part, exertion of evaluation result and its equivalent measures.