Research on the Quality Control System of China Audit Asia Pacific Certfied Public Accountants LLP.

Abstract

Accounting firms serve as the primary watchdogs and guardians of the market economy, bearing significant importance in facilitating the stable progress of the capital market. Many companies pursue higher profits while neglecting their social responsibilities, leading to an increasingly prevalent occurrence of financial fraud. Certified public accountants (CPAs) should strengthen their risk awareness during the auditing process, strictly adhere to auditing standards and relevant laws and regulations, and ensure the quality of accounting information from the planning stage of the audit. It is essential to enhance the quality control system to fundamentally reduce audit risks.