Research On Related Issues Of Key Audit Matters Revealed In The Audit Report Of A-Share Listed Companies In China

In recent years,due to the frequent outbreak of fraud incidents,more and more market investors have questioned the audit quality,the gap between audit expectations has increased,and the goal of adhering to China's auditing standards has further converged to international standards.At the same time,in order to increase the number of audit reports Information content,narrowing the gap in information asymmetry,in 2016 China issued a new auditing standard.Among them,the disclosure of key audit matters has aroused great concern,because the increase in this disclosure exposes part of the audit process information to investors,provides more dimensional perspectives for its decisions,and enhances the readability of audit reports.The standard requires my country's A+H listed companies to disclose key audit matters from January 1,2017,and all listed companies in 2018 to disclose key audit matters.Most of the relevant scholars took A+H Company,which disclosed key audit matters for the first time in 2017,as the research object.However,there are few researches on the effectiveness of the key audit matters disclosed in the domestic A-share capital market and whether there are problems.Therefore,the research problem of this paper is to explore the disclosure of key audit matters of my country's A-share listed companies from the perspective of expected information users to determine whether they provide more sufficient and valuable information for information users.This paper selects a representative real estate industry for research,using literature research methods,descriptive statistics,and case analysis methods,based on the usefulness of decision-making,to carry out four aspects of the sufficiency,relevance,understandability and difference of disclosed information.Effectiveness analysis,and then discover the problems in the disclosure of key audit matters in the real estate industry,and then analyze and summarize the reasons according to the problems,so as to provide suggestions for improving the disclosure of key audit matters in China.One of the innovations of this article is the difference from the previous empirical research.The real estate industry is selected as the case object,combined with the industry situation and industry background,to conduct in-depth research on the disclosure of key audit matters.The second innovation point is based on two years of data to study whether information disclosure brings continuous value-added information.Through the analysis of the key audit matters in the real estate industry,the research conclusions drawn in this paper are: due to the emphasis on personalized disclosure in the standards and specifications,but the certified accountants do not fully understand the standards,and the quality supervision of the relevant regulatory agencies is not perfect,resulting in key audit matters The "patternization" phenomenon in the disclosure does not bring continuous and effective information to the expected information users.It is recommended to improve from the perspectives of refining the guidelines,improving the professional ability of certified public accountants and strengthening the quality of audit report disclosure.