Research On Audit Quality Control Of X Certified Public Accountants From The Perspective Of Total Quality Management

Audit quality as the lifeline of accounting firms,with high-quality audit services can enhance the core competitiveness of the firm,strengthening audit quality control is essential for the maintenance of the market economic order and the sustainable operation of the firm.With the continued interest of stakeholders across society in the full authenticity of accounting information,the demand for social audits has skyrocketed,and there is malicious competition between firms and even being punished for financial fraud by customers.In recent years,large accounting firms in China have blindly merged with small accounting firms in order to expand their scale,neglecting assessment,decision-making and management before and after the merger,inevitably leading to a decline in overall audit quality and affecting the healthy development of the audit business.This article draws on the research of scholars on the theory of total quality management,and selects a representative local X firm as the research object,using questionnaires to assess the effectiveness and feasibility of audit quality control in this firm,and analyses the evaluation results.Firstly,the article reviews the literature on the audit quality and audit quality control,and discusses the relationship between total quality management theory and audit quality control.Secondly,in order to analyse the implementation of audit quality control systems and procedures in Firm X in greater depth,the paper integrates total quality management with the latest auditing quality control standards for accounting firms in 2020,and reconstructs and applies an evaluation system that is more in line with the objectives of total quality progress based on the path of selecting evaluation indicators-constructing an evaluation system-analysing evaluation results.The evaluation system revealed the following problems in the firm’s audit quality control:inconsistent awareness of quality orientation and immaturity of information technology tools at the organization-wide,weak professional ethics and imperfect training and assessment mechanisms at the staff-wide level,unimplemented audit procedures and formalized quality reviews at the process-wide level.Finally,in order to guarantee the robust operation of the audit quality control evaluation system,safeguards are proposed from the perspective of the "three holistic" aspects.The results show that it is entirely feasible to construct an audit quality control evaluation system from a total quality management perspective,and that the application of the evaluation system can help firms to identify loopholes in the setting and operation of the control system,so that targeted improvements can be made.