However, the reality is that financ

However, the reality is that financial malpractices emerge every year, and accounting firms that have been criticized by the SFC have found themselves everywhere. This shows a very serious problem from the side, that the audit opinion does not play too much role of proofing financial information. Auditors do not disclose their own audit process and only give a result, making the business stakeholders have to believe the auditor's judgment, which has led to another situation of asymmetric information.