Certified Public Accountants Audit Review Study

From our accounting firm audit situation, firms generally give no attention to theaudit review. Lacking of awareness of the comprehensive review seriously affectedthe quality of audit. From the development trend of the accounting firm abroad,paying attention to quality control audit process, implementing a comprehensivereview system is a certified public accountant firm enhance audit quality, only way togrow.First of all, this article sets out the background of the audit review, on auditreviews in both foreign and domestic research situation, especially from the auditreview of definitions, objectives, form, function, history, industry specialization inareas such as expounded the advanced foreign research results. Second, by the CPAfirm quality control guidelines for reference, the Chinese Institute of certified publicaccountants audit guidelines, elaborated definitions, objectives, as well as thedifferences of audit review, project quality control review, and peer review.This further experience research and survey research methods analysis thecurrent audit review status of domestic accounting firm, the data disclosure byChinese Institute of certified public accountants CPA is analyzed. By questionnaireinvestigation, including auditor and intern in Big four, domestic famous (ranked first1hundred), and domestic small accounting firm, in the recovery of questionnaire forstatistics analysis, respectively analysis from papers preparers, and papers reviewers,and audit customer, and audit work papers. The paper also figures out the differencebetween domestic latest amendment of audit guidelines and abroad audit guidelines ofaudit review, stated the status of audit review of accountants firms in China.This article then summarized the results of empirical research on the above anddraw conclusions, pointed out that the main reason for the low quality of audit reviewwas separated three parts.For three above of causes, paper made accountants firm improve audit reviewefficiency of thinking to improve audit review level of in China accountants firm:firstly, it is to implement risk guide audit method, pay attention to risk assessment;secondly, a science of review approach to on accountants firm of review people forguide is needed; the third is to strengthen industry specialized, staff training system,and professional quality of audit personnel.