Research On Internal Control Of Accounting Firms

In recent years,the development of accounting firms in China has developed rapidly,and the number of accounting firms has developed rapidly.In 2017 alone,87 accounting firms have been added,with a total membership of 8,461.The number of accounting firms,the quality of the practice is worrying,and the audit fraud is continuous.From the end of last century the abandonment of the event,Enron,at the beginning of the century to the early 2017 PWC due to heavy penalties FRC record ? 5 million from the UK audit misconduct,Ruihua and Lixin accounting firms both for not diligently was sent off for two months to undertake new securities business.Since accounting firms are different from other industries,as well as particularity and self-discipline,the establishment of accounting firms requires strict approval procedures and certification of professional qualifications.At the same time,there are many loopholes in the construction of internal control system.Certified public accountant is a market economy "woodpecker",the public interest "night watchman".The development and expansion of accounting firms is a reflection of China's economic transformation and upgrading,with a strong background in The Times.Therefore,accountants should vigorously carry out institutional innovation,develop diversified business,cultivate new talents,deepen the risk control,promote the information construction,the advocacy of technology,to build partnership culture,polished professional brand,is committed to provide investors with reliable information,we will unswervingly safeguard the healthy development of capital market order,we will unswervingly for Chinese certified public accountants industry to provide professional leading power.Based on ZLX certified public accountants as the breakthrough point,this paper focuses on the ZLX certified public accountants internal control present situation and existing problems,and analysis the reasons for the existing problems,combined with the five elements of internal control,puts forward targeted improvements,the purpose is to point to face,to rise to the construction of internal control system put forward rational countermeasures for industry.Through the analysis and research of this case,we hope to solve the common problems of internal control in the industry,so as to provide reference for the improvement of the internal control of accounting firms.