Research On Economic Law Accountability Theory Of Independent Audit In Security Market

The thesis builds a theory of the accountability of economic law of independence audit in securities market through discussing systematically the base, ontology, element and imputation of the legal accountability. The thesis consists of introduction and five chapters. There are approximately 80,000 words in this thesis.In the introduction, the author tells the purpose of the thesis, the reason for doing research in this field, the signification of the work and the method of the research.In chapter one, the author gives a review of the career of the certified public accountant (CPA) and the independent audit. Then the author summarizes the function of the CPA's audit to the securities market. Furthermore, the author focuses on the characters of the independent audit, which is vital to the following research on the liability of the independent audit.In chapter two, the author focuses on economic law relationship of the independent audit in the securities market. The accountability of economic law is base of the economic law relationship. Firstly the author employ the firm theory of New Institutional Economics and stakeholder theory of Business Ethics to prove that the public corporation is a net of contracts consisting of the shareholders, managers, the government, the CPA and the other stakeholder. Secondly the author discusses that the auditing legal relationship in the public corporation is a socialization-contract relationship that CPA make a pact with the other stakeholder inducted by the neutral organization through the guide of the government. Thirdly the author discuss that the independent audit in the securities market is beyond the civil legal relationship. It's legal relationship of the economic law.In chapter three, through the analysis of the traditional independent audit liability, the author discloses the defects of the traditional theory and summarizes the characters of the legal accountability of the independent audit as a legal relationship of the economic law. The author demonstrates it is the fact that accountability of economic law of the independent audit is being.In chapter four, the author discusses the elements of the independent audit legal accountability and brings out a 'standard of substantial relationship' to classify subject of right.In chapter five, the author discuss the doctrine of legal accountability fixation of the independent audit in the securities market and comment the tort liability theory of the accounting practice.