Analysis of Non-standard Audit Opinions of Chinese Listed Companies’ Financial Statements: Based on the Data of Shanghai and Shenzhen A-share from 2015 to 2016

Based on the data of Chinese Shanghai and Shenzhen A-share listed companies from 2015 to 2016, this paper analyzes the general situation of audit opinion of listed companies’ annual financial statements and the distribution of non-standard audit opinions, and finds that ST companies were more likely to receive non-standard audit opinion than non-ST companies. This article further analyzes the specific matters that lead to the non-standard audit opinion, and summarizes the matters that made it easy for the CPA to issue the non-standard audit opinion. This paper has a certain reference to solve the problems existing in the process of audit, prevent the audit risk and improve the audit quality. Besides, it lays the foundation for the study of the non-standard audit opinion after the implementation of the new auditing standards.