Research On The Information Needs Of The Audit Committee In The Listed Companies

Published in 2002, "Corporate Governance Guidelines", the provisions of the board of directors of listed companies can be shareholders in accordance with the relevant resolutions of the General Assembly, the establishment of strategies, audit, nomination, remuneration and other special committees and assessment. The Audit Committee of the corporate is the bridge of the governance structure of internal governance mechanisms and external governance mechanisms. Audit committee system is based on the ownership and management separation of the agent .In order to strengthen management control and supervision arising. The Audit committee keeping the management of Certified Public Accountants and the power imbalance in the game, the game results to improve an effective mechanism. Only the Board of Auditors with management, external audit, internal audit co-ordination between, and mutual cooperation in order to exert better oversight function. By listed companies establish an audit committee from the Board of Directors of the Company's internal disclosure of information, accounting information quality, internal and external audit to establish a control mechanism and supervision functions.That how to select the required financial and non-financial information to enhance the standard of corporate governance is the core questions of this article. In this paper, the information needs of the Audit Committee set up the theoretical basis. Then there is a comparative study of the Board of Auditors from the United States. Empirical research methods used to build the model, the implementation of Audit Committee functions required for internal and external financial information, and finally trying to build the Board of Auditors of listed companies in China the demand for information system, and at the same time should be set up to improve the social credit system, the independent directors of the training, selection and evaluation mechanism can be changed on levels improve the efficiency of the Board of Auditors.