Analysis of Classic Audit Cases

Author: Ge Changyin
Publisher:
Publish Date: 2003-08-01
Features: Auditing is a highly practical course and a skill that cannot be separated from practice. Explaining auditing courses without real-life examples is bound to be dull and unengaging. However, due to the confidentiality of auditing materials, many vivid cases with Chinese auditing characteristics are difficult to include in textbooks, leaving many auditing educators hesitant. This has resulted in a lack of auditing case textbooks in higher education institutions. Even if some case textbooks exist, the auditing cases used are either too narrow in scope or outdated, lacking a sense of realism and making it difficult to create an "on-the-scene" atmosphere in teaching. They also fail to serve the purpose of "generalizing from the specific" or "seeing the forest for the trees." This is one of the reasons why many students dislike auditing courses.
Considering the urgency and importance of compiling auditing case textbooks that meet contemporary needs, Professor Ge Changyin bravely attempted to create this case textbook. Based on declassified auditing materials while preserving their original form, the cases were compiled according to the characteristics and requirements of teaching, resulting in a textbook that truly meets the needs of Chinese auditing education and training.
As a pure auditing case textbook, this book has several outstanding features compared to other auditing case textbooks:
1. Comprehensiveness: The cases selected in this book are primarily focused on government auditing in China, covering fiscal auditing, financial auditing, enterprise auditing, public institution auditing, as well as fixed asset investment project auditing, agricultural fund auditing, foreign capital utilization auditing, and economic responsibility auditing, reflecting the full scope of government auditing in China. Additionally, independent auditing cases are included, though in smaller numbers, to serve as a springboard for discussion and align with China's trend of integrating with international independent auditing standards.
The cases selected cover a wide range of topics. Fiscal auditing includes provincial-level fiscal audits, audits of lower-tier government finances, treasury audits, and tax collection and management audits. Financial auditing includes cases from banks, insurance companies, trust investment companies, securities companies, and more. Enterprise auditing involves audits across multiple industries. Public institution auditing includes audits of hospitals, universities, government departments, cultural institutions, and other organizations. Other types of auditing cover areas such as highway projects, technological upgrades, World Bank loans, foreign-funded enterprises, as well as audits and internal control system evaluations. Independent auditing includes cases from Chinese listed companies, foreign companies, and accounting firms. The content has depth, height, and foresight, requiring a broad knowledge base, making it a challenge for both educators and learners.
2. Authenticity: The raw materials for the cases in this book come from actual auditing instances, embodying the hard work and wisdom of many frontline auditors. The selection of cases follows the author's pre-established principles of "genuine and unadulterated," "authentic," and "avoiding rehashing." Of course, due to the confidentiality of auditing materials, geographical names, organizational names, personal names, and numerical data in the selected cases have all been altered and modified.
3. Practicality: Each case in this book consists of four parts: an introduction to the auditing entity and its implementation, an introduction to the audited unit, the auditing process and situation, the audit results, and case analysis. The structure is clear, and the content is rich. It provides both the "breadth" of actual cases and the "depth" of theory—each type of auditing case is preceded by a concise theoretical introduction of several hundred words, making it both practical and applicable. The design and overall layout of the book also have unique features.
This book is suitable for auditing education in universities and various types of auditing training in society, as well as for the professional training and self-improvement of economics and management personnel. Especially for those who aspire to work in auditing, it can not only supplement the shortcomings of purely theoretical learning and serve as a warm-up for practical training but also help them understand the "insider" perspectives and current state of China's auditing industry, enabling them to master auditing skills in the shortest time and adapt quickly to various auditing tasks.
This book represents a breakthrough in China's auditing textbooks and is believed to play an irreplaceable role in advancing auditing case teaching in the country.
The cases selected in this book are primarily focused on government auditing in China, covering fiscal auditing, financial auditing, enterprise auditing, public institution auditing, as well as fixed asset investment project auditing, agricultural fund auditing, foreign capital utilization auditing, and economic responsibility auditing, reflecting the full scope of government auditing in China. The raw materials for the cases in this book come from actual auditing instances, embodying the hard work and wisdom of many frontline auditors. Each case in this book consists of four parts: an introduction to the auditing entity and its implementation, an introduction to the audited unit, the auditing process and situation, the audit results, and case analysis. The structure is clear, and the content is rich. The cases selected cover a wide range of topics, making it a challenge for both educators and learners.