The Research On The Causes Of Audit Failure Of H Company And Preventive Measures

Accounting information plays an increasingly important role in the capital market and also affects the operation of the market.Audit plays a key role in ensuring the quality of financial information.However,frequent audit failures not only affect the healthy development of the audit industry,but also dampen investors,confidence in the capital market,even affect the normal operation of the capital market.Therefore,it is an urgent problem to be resolved.This article selects Hirisun as a case.First of all,introducing the background and significance of the topic,summarizes the previous theoretical research on audit failure.Based on this,elaborating the process of the audit failure of Hirisun,and pointing out the fraudulent measures.Second,analyze the specific reasons for the failure of the audit.Mainly in accordance with the audit process,including internal and external environment,lack of independence,the audit implementation of the stage did not maintain professional skepticism and did not assign suitable auditors.Finally,corresponding measures are proposed for the prevention of audit risks in the future,including:It is necessary to fully understand whether the current status of the industry under investigation is Intensifying overall competition and declining performance.It is necessary to standardize audit fees and strengthen cost control.Professional skepticism and professional competence should be maintained.We must also strengthen the training and at the same time,establish a sound review mechanism to reduce audit risks.Financial fraud incidents similar to this occur in listed companies,and financial frauds have emerged one after another.Therefore,it is necessary to improve the quality of audit services and reduce audit risks through the joint efforts of certified public accountants and accounting firms.