/cloudfront-ap-northeast-1.images.arcpublishing.com/appledaily/JYPRIFKPRVESTFBRPUSNRA6VLQ.jpg?fit=%2C&ssl=1)
Earlier, Deloitte was exposed to irregularities in the audit process of a number of listed companies and failed to implement the corresponding audit procedures (commonly known as “flying the plane”). As a result, it was investigated by the China Securities Regulatory Commission. I declare my interests first. Since I entered the industry, I haven’t released a plane and everything is in compliance with the rules.
In fact, it is very common to put airplanes in the industry, and it is nothing new. This behavior is mainly concentrated in lower-level processes, such as checking invoices. In the final analysis, the main reason is that there are many auditing procedures but insufficient manpower. Even if the plane is released, all the tasks may not be completed on time. The employees will naturally pass certain procedures and be too obliged to finish work earlier. Another reason is that even if you find a problem, unless it is really serious, most of the situation will go away. The auditor will continue to issue an “unqualified opinion”, so employees will develop more than less One thing mentality, do less and less trouble. As for colluding with customers to commit fraud, it is very rare. This requires higher-level skills, and it is not possible to do it simply by launching a plane.
Since flying airplanes is so common and has a long history, it is an open secret, but it has been ignored. So when I saw this news, my first reaction was “Why make things bigger this time?” Investigating false numbers in a place where false numbers are prevalent, I can’t help but think that the previous wave of anti-corruption was all about defeating political opponents, and this Deloitte turmoil is likely to have underlying causes, but it’s just to defeat politics. The enemy is still trying to bring down foreign capital and let Chinese capital take the lead, but outsiders don’t know.
Fairy Ding
Person in charge of “Auditing”
– .
