Research On The Misconduct Of Audit Procedure

In recent years,the audit process misconduct problems occurred frequently in.2012-2016 Commission on accounting firms and certified public accountants punished a total of 18 cases,involving 17 accountants,41 certified public accountants.The 18 cases involved in improper auditing procedures up to 13 cases,including reanda CPAs in 2012,2014,2015,at an average annual rate of 2016 the punishment by the CSRC,and are related to improper audit procedures.With the continuous development of the economy,the stock market has been greatly Chinese prosperity.But the rapid development has also exposed many problems in the securities market.In recent years,financial fraud repeated,in March 30,2017,the Commission on China Shanghai Duolun industry actual control of the Limited by Share Ltd,the legal representative is fresh out of the price 3 billion 470 million yuan tickets.This reflects the Commission push "supervision according to law,strict supervision,comprehensive supervision,improve the capital market top-level design determination.It also reflects the Chinese stock market ills deeply.The CPA audit as prevention property Is an important line of false,for financial fraud repeated owners can not shirk responsibility.But it is not difficult to find,the main reason caused by registered accountants audit failure is the audit process misconduct.Therefore to explore the main causes and Countermeasures of the improper audit procedures,for the sustainable development,the healthy development of the capital market,rational development,better prevention and is of great significance to defuse financial risks.On the base of the failure of audit,audit risk and business failure and relationship between the three theories failed to clear audit,based on the 2012-2016 analysis of five years the Commission administrative punishment,the improper audit procedure is an important factor causing the failure of audit conclusion.And detailed analysis of the specific reasons for improper audit procedures,including the lack of necessary the audit procedures,no alternative procedures did not perform sufficient procedures,risk assessment is not appropriate,as the test is not appropriate,confirmation process is not appropriate,not to implement further audit procedures.Then through the opposition letter to Shanghai "great wisdom" audit The case analysis,detailed studies on the specific performance of the audit process misconduct,analyses the main reasons of the emergence of improper audit procedures and put forward relevant countermeasures.This paper finally puts forward some suggestions to solve the above reason analysis,mainly includes some aspects of accounting firms,certified public accountants,listed company and relevant sectors of society.