Discussion With A Number Of Issues Related To The Quality Of Social Audit

At present, people from all walks of life in the world are paying special attention on the quality of social auditing, the loss of social auditing independence, auditing scandals and the crisis of CPA integrity. A movement to call the reputation and quality of social auditing and CPA integrity into question is breaking out throughout the world. Question comes from various parts of the society, such as the attention from the government, firms' consideration, management institutions of CPA, users of accounting information and so on. A movement to discuss and revise the independence of social auditing and the defects of the system of CPA integrity has begun. As for social auditing today, it is a thorough reform of high standard. Nowadays, it has become to be the most important issue for governments, institutes of CPA and investors to work out how to improve the quality of social auditing, make sure CPA independence and reconstruct the system of CPA integrity. The key point is to approach the affecting factors of auditing quality from the nature of auditing so as to take practicable measures in accordance with the factors.Therefore, this essay concentrates on analyzing the causes that lead to the decline of the quality of social auditing and the loss of CPA independence in the hope of putting forward some effective measures helpful to the improvement of auditing independence and auditing quality.Starting from the analysis of the causes of the decline of social auditing quality and the loss of auditing independence, this essay analyses systematically market factors and the relationship among the three parties in auditing business on the basis of the analysis of the relationship between auditing quality and auditing market pattern, auditing violating cost, and auditing attributes in order to think out solutions.This essay discusses how to improve social auditing quality and suggests several solutions after analyzing the present situation of auditing quality and its influence and analyzing further the factors influencing auditing quality. The six chapters in the essays are divided into three parts: Chapter One-introducing present auditing quality and its influence; Chapter Two to Five-discussing four problems affecting auditing quality; Chapter Six-providing some solutions to the improvement of the quality, such as change of the entrusting system, the increase of violating cost, etc.It is crucial for the development of social auditing and normal operating of social economic market to work out how to make sure social auditing quality, CPA independence, and system of CPA integrity. Nowadays, not only governments, firms, investors but also institutes of CPA are paying special attention on these problems. Analyzing thoroughly the causes of decline of auditing quality and the defects in the audit theory, independence, market, and violating cost, the essay puts forward several solutions, such as change of entrusting system in hope thatthe solutions can play some role in improving auditing quality. However, all the solutions in this essay have not been put into practice and defects may exist.