Factor Analysis On CPAs' Auditing Quality & Measures For Improvement

Along with the deepening process of China's market-oriented economy reform, the capital market's demand for high quality audit is looming large, also the study in this regard becomes more and more important. During the past few years, home and abroad overlapping scandal outburst of fudging books make CPAs have to confront a grim crisis of integrity. The public becomes more and more dubious to CPA, who has once been dubbed as 'Economic Policeman'. So to analyze the factors affecting Chinese CPA's performance is critically important no matter in academia or in practice.The Chapter 1 comes up with variety of home and abroad conceptions regarding 'auditing' and 'auditing quality', which cover audit objectives, audit procedures, audit ethnics as well as requirements of vocational competitiveness. All mentioned above insure the quality bottom line of CPA auditing.The Chapter 2 probes and analyzes the internal factors affecting auditing quality. This part references to two factors stemmed from west Evaluation Auditing: Vocational Competitiveness and Auditor Independence.The Chapter 3 studies the external factors affecting CPA's auditing performance, including law, market, as well as administrative.The Chapter 4 analyzes the measurability indicator that affects auditing quality. Resorting to modified opinion indicator and securities market auditing concentration indicator to evaluate Chinese CPAs' performance.The Chapter 5 comes to the conclusion of whole article, summing up the countermeasures that improve CPAs' auditing performance.We believe through the joint-efforts between administrations, CPA service as well as listed companies, the expectation to upgrading of Chinese CPAs vocational performance is looming on the horizon.