Research On The Audit Cost Control Of Accounting Firm A

With the increasing demand of accounting information from all circles of the society,the development of auditing industry has been more and more rapid.The accounting firm belongs to the light asset industry,which is different from traditional production or sales enterprises,and has relatively weak control over costs.It is difficult to achieve the complete matching of cost and income.There is a huge discrepancy in audit fees between different accounting firms.Comparing the international four major accounting firms with eight major domestic accountants,for listed companies of the same size,the big fours' audit fees tend to be much higher.In this case,for the local accounting firms,maximizing the cost control under the premise of ensuring audit quality,is the best method to improve their own competitiveness and achieve long-term sustainable development.However,there are various factors that affect the cost of audit,and different accounting firms have different vulnerabilities.Based on the present situation of the audit cost control of the local accounting firms,the author analyses that the problems existing in the audit cost control mainly lie in the unreasonable audit plan and audit project,the lack of professional competence of the auditors,the inadequate utilization of the audit resources and the imperfect audit cost control system.Based on these problems,the methods and suggestions for improving audit cost control in accounting firms are put forward by value chain and budgetary management theory.The main measures are to construct the audit cost control system,make the audit plan reasonably,rationally allocate the human resources,pay attention to the audit focus and integrate the audit resources.