On the CPA Audit Failure Causes and Countermeasures (英语论文).docVIP

On the CPA Audit Failure Causes and Countermeasures ????????Abstract: CPA audit failure is prevalent in the audit practice and very serious problem, and also contributed to the practice of accounting firms and associated persons to take up the responsibility of the main reason for the audit. In this paper, reference cases, analyzes the causes of audit failures and proposes specific measures to resolve it. ????????Key words: Audit risk; professional discretion; audit procedures; audit responsibilities ?????????? ????????Audit failure is the extreme case of audit risk that practitioners did not comply with auditing standards and professional discretion to form or make a wrong audit opinion, the information the user accordingly made the wrong judgments or decisions, and therefore requiring accountants Service and signature of the CPA held accountable. ?????????? ????????I. Analysis of the causes of audit failures ?????????? ????????1. The lack of audit independence ????????According to the World Communications April 22, 2002 to provide a Call for the right to vote statement (Proxy Statement), Arthur Andersen and WorldCom in 2001 collected a total of 16.8 million U.S. dollars in service costs, of which 4.4 million U.S. dollars audit fees, tax, consulting 7.6 million U.S. dollars, non-financial statement audit (mainly outsourced internal financial audit) 160 million and other advisory services to 3.2 million U.S. dollars. Since 1989, Arthur Andersen has served as WorldComs auditor until the Enron scandal, the world communications only in the May 14, 2002 dismissal of Arthur Andersen, KPMG employed instead. Andersen not only in the past 10 years, communications around the world providing audit services, to provide consulting services. Although so far there are not sufficient evidence to prove that the authority also provides audit and consulting services accounting firms could undermine the independence, but the July 30, 2002 adopted the Sarbanes - Oxley