A Study On The Audit Committee Of Listed Companies In China

The Audit Committee is an important system in corporate governance, the board is an independent financial management strength, It strengthens the independence of the auditing of certified accountants, to strengthen the veracity and reliability of financial report. Through the establishment of the Board of the listed company, the company can establish a control mechanism on the company's internal information disclosure, the quality of accounting information, independent internal audit and external audit and oversight functions.The Audit Committee has a long history in foreign countries. The Audit Committee's duties, functions are increasingly improved. However, the Board is still a novelty in China, China is in the situation which the corporate governance has been distorted. So the existence of the above problems made the development and improvement of the Audit Committee has become a top priority. How the Audit Committee plays its role in the strengthening corporate governance with our unique environment will be of great significance.In recent years, study abroad most focused on the Board's effectiveness and the effectiveness of the features, Empirical studies have compared standardized and improved. Study from domestic most focused on the purpose, function, composition, duties and other aspects of the exposition. But the specific request of the Board, and how to evaluate the effectiveness of the work of research is rarely mentioned. Therefore, the article from abroad and our Board's experience in the light of objective analysis with Statistics 2003-2005 and the relevant data of listed companies, the actual policy proposals. Through the issues, for managers, a certified public accountant, The Board's study offers a useful reference.This thesis is divided into five chapters, the following is the main content included in each chapter:Chapter 1 discusses research background, significance, the paper frame. And Literature Review.Chapter 2 gave a brief introduction about the Board's concept of the evolution of history, functions and the latest development. The Board also explained the different models. Chapter 3 gave the Board's current analysis of the distribution characteristics, By 2003-2005, 1,392 listed companies in the city of Shenzhen and Shanghai data acquisition,Chapter 4 gave the impact of the effectiveness of the listed company's audit committee. The analysis is mainly based on the Board's own system.Chapter 5 sets out the overall framework for the design of the Board. in accordance with the practical experience of foreign countries and the current situation in China.