Research On Problems Of The Independence Of Certified Public Accountant Auditing

Independence is the soul of Certified Public Accountant (CPA) auditing. Since the appearance of CPA, the independence is regarded as its bedrock of existence. With the fast development of science and technology, especially the information technology, and the more and more complicated structure of financial market, all sorts of derivative financial instruments vary unlimitedly, presenting people a confusing palace with complex economic relationship all over the world. To be responded to the growing of science, technology and management, human power resource is emphasized greatly and thus complex stock optional encouraging plan has become an important part within company governance structure. That is to say, that nowadays the auditing environments and auditing objects have hardly been the same as those before. In such a background, how to continue maintaining and enhancing the independence of CPA auditing so as to make it operate smoothly in the marketing economy is a big problem for us to solve in the knowledgeable economy times.As in the transforming-economy in China, many related laws and institutions are not sound. So it is not surprised that the financial market, company governance structure and relationships among some benefit groups have their own features. Accordingly there must be peculiar problems in maintaining and enhancing the independence of CPA auditing and peculiar measures are needed.Based on the theory and case analysis, and empirical test, this paper tries to inquire into the existed problems and the reasons which caused them in China presently. Then some suggestions about how to maintain and enhance the independence of CPA auditing in China are presented.This paper is divided into five parts:Part one is the introduction, which states the background, orientation, approaches objectives, research route and possible originalities in this paper.Part two is the theory analysis on CPA auditing. After reviewing and commenting on the existed researches, some explanations about maintaining and enhancing the independence of CPA auditing based on some economic theories are presentedAfter analyze Yinguangsha Occasion and Enron Occasion, Part three inquires into the enlightenments and significances brought by the occasions. Then we analyze the problems impacting the independence of CPA auditing and the reasons which cause the problems by normative and empirical methods.Part four firstly introduces the newest measures about developing the independence of CPA auditing. Then based on the analysis of the current steps on how to enhance the independence of CPA auditing in China, some suggestions are presented in this part.Part five is the conclusion and drawbacks in this paper. And some issues needed to study further are also put forward in this part.