Defects And Countermeasures Of Internal Control Of Accounting Firms

In February 2016,after "Yunfeng debt default event,China Dealers Association of theaudit agency Ruihua accounting firm of the most stringent punishment of the history.This leads to a majorgrievous problem,namely the implementation of CPA audit isintended to cover the protection and the default behavior,or because of their own internal control system defects,enable be found by trial error and malpractice auditees.In this paper,take" Yunfeng debt default event” as an example,with discussing this event,review of the reasons why this event of default didn't be revealed,on theimplementation of the audit of the audit subject--the problems of internal control of accounting firm Ruihua are analyzed,on this basis,put forward the corresponding improvement suggestion.This paper is divided into six parts.The first part,introduction,introduced the thesis research background,research ideas and research innovation.The second part,from the reason of accounting fraud has not been found,the main risk to the accounting firm and the internal control defects,etc,this paper analyzes the literature in three aspects;The third part,the domestic accounting firm's internal control characteristics and present situation were analyzed;The fourth part mainly introduces the Ruihua accounting firm internal control defects,analyses the beginning and end of the whole episode of Yunfeng debt,consulting firm and Ruihua in "Yunfeng debt default" by what,finally points out the main problems that Ruihua internal control.The fifth part,the paper puts forward the main countermeasures to improve internal control of accounting firm;Paper the last part,summarizes the research conclusion of this paper,and pointed out the paper research deficiency and the developing direction.