Analysis And Optimization Of Problems In The Audit Confirmation Of Procedure

Audit confirmation is a very important procedure to obtain audit evidence in all kinds of audit work.Certified public accountants can use audit confirmation to obtain audit evidence independent of the auditee.Audit confirmation procedure is indispensable in the audit work.In the process of auditing,CPAs need to take various measures to ensure the independence and authenticity of the audit confirmation,so as to enable them to play their due certification role.However,due to non-standard audit confirmation procedures,audit failure cases often occur: the failure when Ross certified public accountants audit giant retail companies in the United States,the failure when Zhong Tianqin firm audit abandonment,G waigaoqiao events,etc.,all because of non-standard audit confirmation procedures.The audit confirmation procedures of accounting firms with a long history in the world are still prone to errors.The domestic accounting firms are relatively imperfect in system,so the cases of audit failure caused by audit confirmation errors are more frequent.According to statistics in this paper,since 2014,the CSRC has issued a total of 16 administrative penalty notices to accounting firms and CPAs,among which 13 cases,accounting for 81.25%,were specified because there was no standardized audit confirmation procedure in the audit work.Therefore,it is extremely urgent to strengthen the quality control of the audit confirmation procedure,optimize the audit confirmation procedure,enhance the objectivity of the audit confirmation,and play the role of the third-party audit evidence.This article takes the actual implementation of the audit confirmation in the accounting firm as the research object,select confirmation and accounts receivable confirmation for research,and finds that in the process of implementing the certificate procedure,whether it is Ruihua itself,or the audited unit,or the unit being inquired,all three parties have some problems.These problems can be large or small,which may cause audit failures.This has caused the research interest in the problems and optimization measures in the audit confirmation process.Firstly,this paper studies the current research status of the audit confirmation procedure by domestic and foreign scholars and experts.Secondly,through the analysis of the meaning,characteristics and irreplaceable role of the audit confirmation in the audit work,combined with the actual case of the accounting firm's audit confirmation,this paper analyzes various non-standard problems in the audit confirmation procedure process of the accounting firm,the auditee and the unit being inquired,as well as the causes of these problems.Finally,considering audit confirmation program implementation of specific objectives and principles,discovering in the practical work of non-standard problems of the three parties,put forward the corresponding optimization idea.At the same time,combined with the era background of the Internet and cloud prosperous,propose the idea of the banking industry to build a corporate account information inquiry platform based on "Internet +",in order to replace the existing letter of credit program.It is hoped that it can provide some guidance and help for auditors to implement the audit confirmation procedure to some extent,further standardize the audit confirmation process and make the audit confirmation become a reliable source of audit evidence.