Audit Problems And Countermeasures Of Connected Transactions Of X Stock Company

With the rapid development of economy in our country,in the securities market in China,most listed companies choose the main body,the original enterpride transformarion for the parent conmpany listed mode,the spin off listing meas that listed companies and its controlling shareholder,maintained close ties,related party transactions and nature of listed companies become the preferred way to trade.2006 galaxy science and technology,sichuan changhong in2008,yaxing chemical in 2012,2014 north raw pharmaceutical and 2016 shuntian shipbuilding company was fined by the CSRC,events are linked to related party transactions.In recent years,because of the emphasis on company associated business audit,the audit program does not reach the designated position,the auditor's risk awareness is not strong,and by the CSRC shall have his unlawful income confiscated and a fine or revocation of the business license of certified public accountants only grow,certified public accountants is the CSRC warning,fine or revocation of the number of audit qualification also increased year by year.Ruihua,lixin,reanda cpas and other influential domestic firms have the CSRC for connection transaction audit failure and the punishment.From the point of connection transaction audit problems,most of the firms and certified public accountants punished because its not according to the requirements of auditing standards and codes of ethics in our country to identify the company's related parties and related party transactions;For a company related party the abnormal situation of incomplete information disclosure,not diligently,causes suspicion and attention it deserves;Obvious omissions in the audit process.Related party transactions to the company,social audit failure and securities market are the different degrees of damage.According to the present situation of related transaction audit in our country and the existing problems,this article selects the X stock company(hereinafter referred to as the company X)the illegal cases as the research object of the analysis.The first part mainly introduces the writing background and the article selected topic significance,the connection transaction audit of the related literature at home and abroad,the article research content and research methods and innovation of this paper,to reflect the value of article writing.The second part is mainly on the analysis of the nature of related party transactions,and from three aspects to introduce related transactions are classified.The third part is the summary of related transaction audit related theories and concepts.The fourth part is mainly about a brief introduction to the situation of the X company focusing on Y certified public accountants(hereinafter referred to as the "Y")in the cause of the problems existing in the audit and audit failure are analyzed.The fifth part is the certified public accountant in the related transactions problems existing in the audit recommendations,in order to improve the quality of connection transaction audit of certified public accountants,promote the healthy development of certified public accountants.The sixth part is the study of the whole article.Article mentioned in the theory section connection transaction audit related earnings management theory and the theory of tax planning,combined with the theory part analyzes company affiliate transaction motive,this is a great innovation in the article.