The Research Of The Government Auditing And CPA Auditing Resources Integration In China

The consolidation of government auditing and CPA audit resources is inevitable. From current international practices on resource integration is passage way, there are details in employing social audit by Government audit departments, such as United States, the UK, Australia and other countries. Similar integration measures have been taken, but our government is facing many problems. The existence of these problems seriously affects audit resources integration in china.This paper analyzes connotation and characteristics of the government audit resources and CPA audit resources, then both the connotation of audit resources were defined, and put forward the principle of integrating. Because China’s audit body type belonging to an administrative, The integration of audit resources dominated by the government audit. This paper studies the two scoping audit resources within these two cases, in the audit insufficient forces,the government audit employed CPA audit projects involving in the audit or Government audit project outsourcing to registered Certified Public Accountants.This paper uses transaction cost theory argumentation that gvernment audit employed CPA audit g is to reduce the transaction costs. Government audit authorities and the CPA is different in the status, audit function and the audit objectives, etc. Government audit institutions in hiring CPA is bound to happen the higher transaction costs, and dueing to their characteristics, Integration is bring to the efficiency issues and the rent-seeking behavior. This paper presents that both the resources exist in the integration problems, specifically including:audit underfunded, lack of integration of resources organizational model, imbalance between the level of human resources, not be shared of audit information resources and audit techniques and methodologies imbalance,etc. By transaction cost theory, X efficiency theory and rent-seeking theory, this paper carried out in-depth analysis, that was to reveal the deep-seated reasons about these issues.In this paper, a National Petroleum Corporation, the leaders of economic responsibility audit case that the proposed measures are effective. Financial audit outsourcing analysis to establish a strict examination system is beneficial to the government auditors and certified public accountants to audit the integration of resources, through case proves that the proposed measures are feasible.