Research On Corporate Governance Of Southeast Asian Corporations

The reliability and fairness of financial report data are the main basis to ensure the stable development of the securities industry which to some extent shows the economic development of a certain country or region.Relevant personnel in the securities industry need financial reports for information,so they require a third party to audit the financial statements and further improve the value of the statements.However,according to the analysis of the punishment information from the CSRC,financial fraud in the securities industry has occurred frequently recently.Because the CPA did not maintain independence,the lack of prudence and other practical factors,incorrect audit opinions were made,which led to negative impact on the securities industry and restricted the sustainable development of the whole industry.Therefore,to study the problems of certified public accountants and their firms and ultimately avoid the emergence of audit failure has become the focus of our research.This paper focuses on the research results of experts from various countries;Secondly,it elaborates relevant theoretical contents: financial fraud,business risk,audit risk,concept of audit failure,risk-oriented audit theory,GONE theory and audit conflict theory.And then to the study of the causes of certified public accountants audit failure and integration,on the premise of the China audit,Baxter's audit failure problem research,mainly from the audit subject(certified public accountants and firms),object,the macro environment to four parts,and according to the above situation to find solutions and measures to prevent such problems.By analyzing and studying the audit failure of yabate,and looking for reasonable solutions,it is easy to avoid risks and crises,improve the audit level,and reduce the occurrence of similar problems.