Research On Internal Control Audit Issues From The View Of Certified Public Accountants

Since January1,2011on wards, both domestic and foreign listed companies began implementing Enterprise Internal Control Audit Guidelines. In2012,the scope extended to the main board listed companies of the Shanghai Stock Exchange and the Shenzhen Stock Exchange. The implementation of the Internal Control Audit Guidelines range widening. For the firms concerned, the internal control audit business which has great potential for development will become another emerging business with the expansion of the scope of implementation. Since2011the implementation of internal control audit, only executed two years time. On the theoretical side, domestic and foreign research also exist many imperfections. On the practical side, CPAs also lack of relevant experience. Understanding of internal control audit exist many problems. Therefore, research on the internal control audit has long-term and practical significance.In academia, the evaluation of internal control has two perspectives:one is the internal perspective of internal self-evaluation; another is based on the external perspective for certified public accountants independent audit. This article is based on2011and2012data, respectively, from the perspective of CPA.The paper introduced of foreign audit of internal control of development, institutional context as well as the implementation of the internal control audit Inspiration. Through statistical contents about audit fees of financial statements audit and internal control audit, audit opinion type, audit unit, the information disclosed in the internal control audit reports and other information, describes the current status of implementation of internal control audit on listed companies in China. At last,the paper explored the internal control audit problems, and put forward relevant suggestions.In this paper, the following conclusions:(1)In2012, although there are some small board and GEM companies began to perform Internal Control Audit Guidelines, but the main board listed companies did not follow the requirements of guidelines, achieve100%rate of internal control audit. There is the risk of superficial in implementing of internal control audit. Audit quality and scope of implementation to be further improved;(2)The Enterprise Internal Control Audit Guidelines for internal control audit reporting need to be improved.(3)In the future, with the requirements of laws and regulations on internal control audit improved, independent audit model due to its unique advantages than the integrated audit has more room for development.