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Study Of China At This Stage Of Civil Audit Liability Issues

Posted on:2003-10-08Degree:MasterType:Thesis
Country:ChinaCandidate:P ZhaoFull Text:PDF
GTID:2206360092986976Subject:Accounting
Abstract/Summary:PDF Full Text Request
The arise of Social auditing is the trend of market economy.We have recovered certified public accountant policy since 1980, and social auditing profession has made great progress. Now it is an unbreakable part of our market economy life. With fair, true and open service, social auditing offers some protection to the commercial transaction, giving a kind of monitoring function. At the same time, social auditors got some problem during their work: such as giving out fictitious information, offering untrue auditing report. These facts led to wrong decisions, even someone's lost of money.The course of social auditor's fault is various. On the one hand, it can be subjective factors: want of money, short of professional spirit or collusion of the organization being audited; On the other hand, it can also be objective factors: immaturity of social auditing profession, unusefulness of work procedure, imperfect laws and regulations.Commercial transactions need constraint from laws and regulations. Limited laws do this. In this article, the writer lists some of the laws and regulations about this sector. The writer gives his own opinion of the standard to judge the legal responsibility of social auditing: THE INDEPENDENT AUDITING NORM should be the fundamental criterion to judge the responsibility.
Keywords/Search Tags:Social Auditing, Legal Responsibility, Standard of Identification, Principle of Responsibility Attribution
PDF Full Text Request
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