Research On Optimization Of Auditing Quality Control System In Accounting Firms

Thanks to the support of policies,in recent years,China's local accounting firms have continued to grow and develop,and some domestic-ones have even surpassed the top four and became industry leaders in terms of revenue.However,the rapid development has also brought hidden dangers.The administrative penalties issued by the regulatory authorities for accounting firms are not uncommon.The CIC's practice quality inspection notices still indicate that the accounting firms needs to strengthen its own audit quality while developing its business volume.This paper studies the various penalties and practice quality inspections of the firm by the Ministry of Finance,the China Securities Regulatory Commission and the China Association of Investors,and concludes that the current firm is generally in the audit quality control system,the integrated management of branches and the ability of certified public accountants to practice.something is wrong.By combing the beginning and end of the qualifications of RH CPA's suspended securities in 2017,under the framework of China's quality control system,combined with reputation theory and entrusted theory,it is proposed that the accounting firm should strengthen the quality control system construction and branch management and improve the meeting.Competency,focus on risk assessment during the merger,and pay attention to optimizing the quality control system in corporate culture training.