Knowledge-based Economy Under The Conditions Of Civil Audit Study

Research backgroundKnowledge Economy indicates the degree and the direction of the development of the productive forces, which the technology (especially is the communication technology) brings. It is a new age, which differs from the industrial age. It is a new civilization, which differs from the industrial civilization. In Knowledge Economy Age, the external auditing which exerts the attestation function will play a more and more important role due to the development of the economy. The appearance and the dissemination of network finance, electron money, and electron payment and so on challenge the external auditing. So the external auditing is likely to change. Knowledge resource becomes dominant element, which implies the external auditing profession in dire need of the renewal of old knowledge. So how to develop the external auditing to adapt to and satisfy the request of the new age is a very important issue with which the auditing literature and practice are fronted.Research thinkingUnder the background, I choose "the external auditing under Knowledge Economy Age" as the research topic. This thesis extends along the train of thought: The first part, emphasizes on the character and the regulation of the development of the external auditing via running back over the history of the external auditing. The part that stands at the foretime aims at looking into the future of the external auditing. The second elaborates on the changes of the audit environment in Knowledge Economy Age and the influence, which these changes bring up to. The third dissertates on how to develop the external auditing in Knowledge Economy Age, including the audit objective, the audit emphases, the audit method and manner, CPA's operation scope, the form and the management of accountant's office and so on. The fourth gives the countermeasures and the advices concerning the development of Chinese external auditing.Main content and structureThe thesis includes five chapters:â'ˆThe parsing of the evolvement of the external auditing. The first part of this chapter briefly reviews the origin, the forming, and the development of the external auditing. The second part of this chapter parses the evolvement of the external auditing, puts forward: the economy is the power of the origin and the development of the external auditing, the external auditing contacts closely with the accounting, the contradiction between the audit efficiency and the audit risk decides the vicissitudes of the audit method, the external auditing has external and independent characters, the external auditing is a system.2.Knowledge Economy and the external audit environment. The chapter stresses what changes the macroscopical and microcosmic environment of the external auditing will be and the influence that these changes bring. The first part analyses the macroscopical audit environment via stating the substance and the characters of Knowledge Economy. The author defines Knowledge Economy as one depending on the accumulation and the using of knowledge and information. It is an economy modality based on the developed communication industry represented by the network. It emphasizes the automatization and the intelligence of products and services. The characters of Knowledge Economy suggest a changing audit environment that will influence the external auditing. For example, the communication technology will change the manner of the external auditing. The second part analyses the microcosmic audit environment via what transformations enterprises and the accounting will in Knowledge Economy Age. The transformations predict a compositive network system will come into being in enterprises. The accounting information system is not an isolated information system because it will integrate with the compositive network system. The external auditors will attend information systems, original information, system procedures, and communication procedures more. The communication technology will become an important factor that inflects the external auditors' skil...