The Research On Supervision And Management Mechanism Of Independent Auditing Credit

Independent auditing credit is not only an important and recessive safeguard to improve independent auditing quality, but also a factor to affect on efficiency and fairness of national economic system and credit basis in market economy. Focus of attention such as accounting fraud cases and financial crisis almost have to do with independent auditing credit affinitively. Therefore, researching on independent auditing supervision and management in the aspect of credit management and constructing supervision and management mechanism of independent auditing credit is an objective requirement to improve CPA industry competitive strength of our country in increasingly competitive accounting market, and gives a theory platform for our countries' auditing regulation renovation and market development environment optimization, especially capital market. Moreover, it has theoretical value and practical significance to regulate policy and statute in capital market supervision.In this paper, firstly, after the studying backgrounds and significances of this title being described, and its current research situations in board and home being analyzed systemically, we found the problems covered supervision and management mechanism of independent auditing credit's multi-dimensions system constructing, synchronous and intertwine coordinately operation mechanism, safeguard and inefficiency evaluation become study focus in theoretical and practical circles. Then, author design the researching frame concluded eight parts, and put forward different research methods according different research content such as normative analysis, phenomenon explanation, descriptive, empirically analysis and so on. Author thought institutional ethics theory, auditing function theory and mechanism design theory support theory basis for this paper's study and initiation. Secondly, formation mechanism of independent auditing credit was researched systemically. It covered independent auditing credit's concept, generating principle, maintain course and mend. Thirdly, after statistically analyzing present independent auditing supervision effect in our country from independent auditing supervision's institutional arrangement, its self regulatory effects, and supervision effect of different supervisor, four enlightenment got from analysis present empirical provide for study on independent auditing credit supervision and management mechanism's design, operation and efficiency appraise. Based on these, the theory frame of independent auditing credit supervision and management mechanism was established. It touched upon goal-based, influence factor dandification, frame's hierarchical structure and functional localization of independent auditing credit supervision and management mechanism. This is an exploringly step on the road of research this topic. Fourthly, author study the realization of independent auditing credit supervision and management mechanism's efficiency penetrate deeply, and put attention on effect of independent auditing credit information colletion system, the realization of independent auditing credit supervision and management rewards and punishment's mechanism, and security mechanism to guarantee operation efficiency of independent auditing credit supervision and management mechanism. At last, author study assessments of independent auditing credit supervision and management mechanism. The part comprised independent auditing credit supervision and management mechanism assessments' plan, criterion, measure and process. The main innovations in this paper as follows:1 Putting independent auditing credit supervision and management mechanism's structure design, factor description, dynamism mechanism, effect appraise, and efficiency guarantee into the whole research frame to systemically research independent auditing credit supervision and management mechanism did not find in predecessor's research.2 Taking Auditing Opinion in Chinese capital market from 1992 to 2007 as study object, author analyzed independent auditing credit supervision's self-discipline effect. Then, author continually studied independent auditing supervision effect of different supervisor by collecting some data from Chinese ministry of finance, the Chinese institute of certified accountants, Chinese national audit office, and Chinese securities regulatory commission. The conclusion presented powerful data support for research on independent auditing credit in our country. It is an innovation not only in research thought train but also in research method.3 Examining the effect realization of independent auditing credit mechanism of rewards and punishment. The founding about market's punishment effect of independent auditing credit and by empirically analyzing related data in capital market form 2003 to 2005 is a new visual angle in empirical research.4 Based on institutional ethics theory, auditing function theory and mechanism design theory and following the mechanism design purpose-driven, independent auditing credit supervision and management mechanism constructed and the security mechanism to guarantee operation efficiency of independent auditing credit supervision and management mechanism have theoretical value and practical significance to regulate policy and statute in capital market supervision.