What does fsi audit mean?

Excuse me, do you want to ask "what does FSI audit mean?" This term refers to the financial statement insurance system.

Financial statement insurance system (FSI) means that listed companies no longer directly hire certified public accountants to audit financial statements, but take out financial statement insurance from insurance companies that audit financial statements. This system can provide a certain guarantee for the company and reduce the cost and risk of directly hiring certified public accountants.