Research On Audit Quality Control Of Dahua Accounting Firm

In recent years,China’s accounting firms have been punished by China Securities Regulatory Commission and other institutions one after another.Lixin,Ruihua and Dahua are all on the punishment list.It is undeniable that with the frequent occurrence of such punishment events,major regulators,relevant investors and the public have gradually lost their trust in accounting firms.Moreover,the audit report issued by the accounting firm is a strong basis for external investors to invest in the enterprise.The low quality of the audit report will not only affect the judgment of investors,but also affect the healthy operation of the whole capital market.Generally speaking,the low audit quality control of accounting firms not only has a great resistance to the long-term and stable development of accounting firms,but also has an immeasurable negative impact on the healthy operation of the capital market.Therefore,it is very important to conduct in-depth research on the audit quality control of accounting firms.In addition,the rapid development of domestic economy makes the business data and information generated by enterprises grow explosively.The audit business of accounting firms is also facing challenges due to the trend of massive data of enterprise financial information.If the audit work still adopts traditional methods,it is difficult to meet the actual needs.On this basis,with the development of big data and cloud computing technology,its ability to process massive data and efficient data analysis ability provide technical support for accounting firms to carry out big data audit,which can effectively control audit risks and reduce audit costs.Therefore,accounting firms need to optimize the traditional audit mode and audit process in combination with the background of the times,and actively introduce information technology to improve the audit quality.This paper uses the case study method to study,and selects Dahua accounting firm,which is very representative of the industry,as the case study object.Firstly,we investigate the current situation of audit quality control of Dahua accounting firm,and summarize and analyze its existing problems.Secondly,through the collection and sorting of literature,combined with a variety of theories,including internal control theory,total quality management theory,risk management theory,synergy theory and principal-agent theory,in order to put forward the path to improve the audit quality of Dahua accounting firm.The research shows that in view of the three problems: the lax implementation of the audit quality control system,the non popularization of the technical application of audit quality control and the unscientific personnel management of audit quality control,the proposed improvement measures include: improving the evaluation of audit business undertaking risk according to the risk level classification table,designing a set of specific audit business undertaking process based on the establishment of customer classification management mechanism In the implementation of audit business,big data visualization technology is introduced to carry out information system application control audit,gradually implement the four-level review process,use Python to carry out data mining and analysis,realize a unified recruitment system for auditors,strengthen professional skill training and reasonably design the salary system.Through the in-depth study and analysis of the case,this paper aims to explore the measures to improve the audit quality control of accounting firms.This study can further enrich the relevant theories of audit quality control of accounting firms.In addition,in practice,other accounting firms can draw lessons from this study to formulate corresponding audit quality control measures.This study can provide corresponding reference for the audit quality control of China’s accounting firm industry,help to improve the overall audit quality of China’s audit industry and promote the healthy growth of the national economy.