Research On Optimization Of Verification Procedures For Audit Failure

The audit failure not only affected the economic development and the operation of the capital market,but also caused the multi-party to question the audit work.Although the supervisory layer has always maintained a strong level of supervision over the audit work,the audit failure has been "repeatedly taught".Previous studies have shown that most of the audit failures involve improper implementation of basic audit procedures such as letters,and there are also opinions that avoiding audit failures should be highly concerned with high-risk criteria such as the letter of reference.However,there are relatively few studies on how to optimize the correspondence procedures and their criteria to deal with audit failures.This article is here.After some research on the relevant research on correspondence and audit failure at home and abroad,this paper discusses the basic theories of correspondence and audit failure,and defines the meaning of audit failure.On the basis of previous studies,Taking 37 audit failure cases issued by the CSRC in 2009-2018 as a research sample,comprehensively analyzed the current status and characteristics of audit failures,and then selected several typical cases to make them representative and basic coverage.The whole process of the implementation of the letter of credit procedure,combined with the case study method and the questionnaire method of issuing questionnaires to the practitioners of the firm,and combing the analysis of the problems in the whole process of the execution of the certificate procedure in the audit failure case,including the correspondence object Select the link,fill in the inquiry letter,send the inquiry letter,and handle the reply letter.This paper summarizes the problems before the letter of the letter,the letter of the letter,and the letter of the letter.From the perspectives of the accounting firm,the audited unit,the audited party and the letter of reference,the paper analyzes the reasons for the implementation of the letter.Then,advance the theoretical research,and then give appropriate suggestions for the reasonable and smooth implementation of the correspondence procedures from these four aspects,effectively achieve the goal of optimizing the correspondence procedures,improve the quality of the work of the judicial audit procedures,and thus reduce Even to prevent the occurrence of audit failures.Finally,it puts forward some suggestions for the effectiveness of the correspondence process in combination with the future innovation of the Internet,and provides a reference direction for the reform and progress of the development and development of the audit industry in China.