Abstract
Accounting dishonesty is still a problem that is far from being solved, both in theory and in practice. In the existing research on accounting dishonesty, scholars mostly analyze the causes and countermeasures of the lack of accounting integrity from the aspects of external accounting system and internal corporate governance and fail to establish a theoretical system and analytical framework for accounting integrity analysis. This limitation inevitably makes the analysis stay on the surface of things with lack of a deep grasp of its essential problems. Through the study of the relevant literature, the grey correlation model can sort the proportion of the factors affecting accounting integrity and get the primary and secondary factors affecting accounting integrity, so as to put forward more targeted countermeasures to solve the problem of accounting integrity. Based on this, this paper uses the method of combining theory with practice to study the problem of accounting integrity. Combined with the current situation of accounting integrity, this paper uses the grey correlation model to sort the proportion of the factors affecting accounting integrity, analyzes its specific reasons, and finally puts forward the measures to solve the dilemma of accounting integrity according to the analysis results. In view of the problems of enterprise accounting integrity, it is necessary to strengthen the publicity and education of accounting practitioners’ integrity system. Accelerate the construction of the legal system of accounting integrity and promote the legislation of accounting integrity. A full‐time organization for accounting integrity evaluation should be established to measure the accounting integrity of enterprises by using reasonable evaluation means and methods, clear and standardized evaluation contents, and integrity level standards.
Highlights
Audit is a high-risk profession, because certified public accountants need to bear the loss of audit risk, so certified public accountants and accounting firms strive to control the risk with high-quality audit
In the process of China’s economic system reform from planned economy to market economy, there has been no spontaneous demand for high-quality audit
Institutional defects make the main audit risk losses borne by the public. is has led to the widespread business philosophy of “emphasizing development, neglecting quality” and “emphasizing relationship, neglecting technology” in Chinese accounting firms
Summary
The relevant research on accounting information distortion and its governance has been quite rich, from the current reality of serious distortion of accounting information quality, the problem of accounting dishonesty is far from being solved in theory or in practice. Liu Minghui and others believe that as an institutional arrangement, the overall efficiency and effect of accounting supervision are jointly determined by the three elements of the system, formal rules, informal constraints, and their implementation mechanism. On this basis, they put forward the improvement and Improvement Countermeasures of the accounting supervision system of listed companies in China.
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