Research On Cause And Countermeasures Of Audit Failure Of A Real Estate Enterprises By Certified Public Accountants

The development of the real estate industry has promoted the development of China's economy.In the modern securities market,when investors choose the investment objects related to the real estate industry,they often depend on the audit reports issued by the auditors on the real estate enterprises.Because this report reflects not only the financial situation of enterprises,but also the sustainability of enterprises.However,in recent years,the case of the failure of the audit of real estate enterprises is common,which not only caused the loss to the users of the audit report,but also had a bad effect on the society.Therefore,it is of positive significance to analyze the problems of audit failure in detail,find out the reasons for the failure of the audit,and put forward effective measures to reduce the failure of the audit of the real estate enterprises.This paper uses literature research and case study to study the causes and Countermeasures of A real estate enterprises' audit failure.First of all,the literature research method is used to study the causes and Countermeasures of audit failure and the real estate audit,and the modern risk oriented audit theory is elaborated.Secondly,we analyze the problems of Certified Public Accountants in auditing A real estate enterprises by using modern risk oriented auditing theory.Thirdly,it analyzes the causes of the failure of CPA auditing A real estate enterprises.Finally,from the three aspects of CPA,accounting firms and external supervision,we put forward the Countermeasures for audit failure.This paper is helpful to improve the audit level of certified public accountants and reduce the risk of audit,and help to standardize the information disclosure system of the securities market.The innovation of this article lies in the analysis of the problems existing in the audit of A real estate enterprises by using the modern risk oriented audit theory,and points out the lack of the initial business activities of the certified public accountants in the audit,the inadequacy of the implementation of the major misstatement risk assessment procedures and the lack of the risk response procedures.CPA,CPA firms and external supervision are Trinity strategies.Since this study only selected cases as the research object,and combined with lack of practical experience,it is unavoidable to be biased.