Optimization Of The Going-concern Ability Evaluation System Of Listed Companies

The accounting information of the uncertainty of the company's ongoing operations is one of the most concerned issues of the company's interests.With the increasing fierce market competition and the continuous increase of business risks,the quality of auditing for continuing operations has attracted the attention of the domestic and foreign auditing community.To improve the quality of ongoing audit judgments,we must identify its influencing factors at first.Although the existing "three-factor model" evaluation system has been recognized at home and abroad in the audit judgment of continuing operations,its own complexity and operational obstacles have a direct impact on its application level and application effect.Based on this evaluation system,the audit opinion on whether or not there is a significant uncertainty in the continuing operation capability may not be consistent with the actual development status in the future.Based on it,the research question is:based on the current sustainable operating capability evaluation system,whether it can make audit judgments consistent with the company's future operating facts.For a long time,the continuous operation evaluation system focuses on the financial evidence based on the profit perspective and ignores the importance of cash flow to continuous operations.Different from previous studies,this paper analyzes the company's ability to continue to operate from the perspective of audit opinions,companies which are not published the audit opinion on the "sustained management ability has significant uncertainty issues" may be major deviations in the judgment results.From the perspective of cash flow creation ability,combing the impact of five related indicators on sustainable operations,the original system is optimized,including index breakdown and key control,and a more operational and comprehensive optimization theoretical framework is proposed.The research idea of this paper is:using case analysis and theoretical analysis combined method,select a representative Chinese fertilizer company Yuntianhua as a case study object.Firstly,it gives an overview of the background of the fertilizer industry,the company profile,and the existing evaluation system for sustainable operations capabilities.Second,it analyzes the defects and operational obstacles of the existing evaluation system,and points out the insufficiency of the system based on the application effect of the CPA;Finally,from the perspective of flow,the quantitative and qualitative combination of financial and non-financial indicators will be established,an optimization system will be established,and a systematic theoretical framework for optimization will be drawn from the perspective of audit evaluation.There are mainly three research findings in this paper:(1)Reveal the defects of the current evaluation system.There are mainly problems such as limitations in the profit perspective and insufficient attention to cash flow;(2)From the point of view of cash flow,from the perspective of "income growth,operating assets" Quality,cost and cost advantages,capital security status,and continuous financing capabilities are used to optimize financial quantitative indicators in five aspects;(3)an optimization index system that takes into account both financial and non-financial status and reflects the company's ability to continue operations has been established for a long time.There was a breakthrough in the financial situation.