This study is to investigate if the relationship between the independent board of directors and supervisors, the certified public accountants, and financial crisis have something to do with the management of a company and its financial crisis. And a company whose CEO is working double duties as president and general manager would or would not exert impact on company's financial crisis is also being explored. We employed the Financial Early Warning Model on samples taken from 146 public companies in Taiwan leisure industry. The study reveals that the relationship between the independent board of directors and supervisors , CPAs and the financial crisis is negatively correlated despite of the fact that whether or not a company's CEO working double duties. This study demonstrates the importance and Irreplaceability of roles the board of directors and supervisors play in a company.
