The Research On Problems Of CPA Audit Quality In China

The more economy develops,the more accounting information is important.However, The premiseof accounting information correctly to be able to function, it must be credible.If lost the truereliability, the accounting information will lose its positive significance.And by means of checking、authenticating and evaluating the legitimacy and fairness of accounting information and evaluation toimprove the reliability of accounting information is the purpose of the audit.At present, the auditobject is more and more complex and uncertain, which puts forward higher demands to the existenceand development of the auditing profession. Combined with our country has successively appearedHongguang industrial,YinGuangXia KeLon electrical appliances such as a series of financial fraudcases of exposure,which makes the social credibility of CPA a serious challenge.How to improve theCPA audit quality to win the public trust, has become the urgent problem of China`s CPA industry tobe solved.In the context of this reality, tostrengthen the study of CPA audit quality is of great practicalsignificance.Firstly,this paper reviewed and evaluated the research achievements of domestic and foreignscholars on audit quality, summarized the meaning and characteristics of audit quality, analyzed thenecessity of improving the audit quality.And then according to the theory of principal-agent、information asymmetry and insurance theory as the backing, through the analysis on the influencefactors of audit quality,this paper provided theoretical basis for studying the present situation andcauses of CPA audit quality in china.Secondly,according to analyz the audit quality insepection ofMOF, CICPA and CSRC published in resent years and the reported "YinGuangXia" audit failure case,the paper revealed the present situation of the low audit quality of our country. Then this paperanalyzed the causes of the current situation of the CPA audit quality in China, from the accountingfirms, CPA, the listed company and the external environment four aspects. Finally the paper putforward the corresponding countermeasures of CPA to give full play to its function of audit andimproving the audit quality comprehensively.