Case Studies of Local CPA Firms’ Audit Quality ()
Abstract
Using two state-owned enterprises’ financial fraud cases, Nanjing Zhongbei Group Co., Ltd. and Nanjing Textiles Import & Export Corp., Ltd., which were audited by the same local CPA firm, we found that the auditors of the two companies were almost the same and the fraud time of the two companies was close. We further analyze the reasons why the CPA firm still issues standard opinions for such fraud and “sick” auditors violate again. Finally, we propose some policy suggestions.
Share and Cite:
Shan, J. (2015) Case Studies of Local CPA Firms’ Audit Quality.
Open Journal of Social Sciences,
3, 128-133. doi:
10.4236/jss.2015.311016.
Conflicts of Interest
The authors declare no conflicts of interest.
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