Case Study of Audit Failure of Soling Shares

With the rapid development of capital market, competition listed companies is intensifying, pressure faced by enterprises becoming more and obvious, financial fraud also emerging, problem related party occupation increasingly prominent. The increasing number frauds has not only reduced fairness markets, but triggered a crisis public confidence in effectiveness accounting firm audits. Therefore, how to audit appropriation funds parties reduce failures research significance future work firms China. Taking failure Soling shares as an example, this paper studies use equity pledge major shareholder parties, analyzes problems existing process Ruihua Law Firm, puts forward conclusions suggestions based on analysis.