On Perfection Of The Independent Directors System Of The Listed Company From The Perspective Of Independent Audit

In recent years,some audit information of listed companies have been distorted inour country.the earnings management phenomenon is very serious.independentdirectors should be responsible for disclosure of the audit information in listedcompanies rather than can act only as vase role in the process of corporategovernance.the role of independent directors in listed companies mainly aresupervision and decision making,these two aspects of the role can be achieved onlythrough by auditing.this paper expounds the concept of the independent directors andindependent audit,and help to understand the meaning of the two concept better.Fromthe audit angle analyzes the present situation of the independent directorsystem,combing and reviewing above research achievement carefully,this articleprovide a complete literature foundation.the paper summarize the evolution of theChinese and foreign independent director system,showing that the introduction ofindependent is a huge innovation system of governance structure of listed companiesin China.and analyze deeply the theoretical foundation of the independent directorsystem from the perspective of independent audit.As theoretical platform of researchfor the topic of the papers’theory,takes independent audit as foothold,straightening outthe independent director system of the theoretical basis.In this paper,from the angle of the independent auditing,it takes empirical test onthe independent director system.it selects and analyze statistically annual report of allA-share listed companies which have been released on the Shanghai stock exchangefrom2005to2008.it choose the proportion of independent directors,independentdirectors as audit committee,the annual salary of the independentdirectors,independent directors attending the meeting,the independent directorsknowledge structure as independent variables and take fraud audit report to buildmodel as the dependent variable,using the logistic regression analyze fraud auditreport to all the factors that influence the independent director system with empirical test.the study conclude that:audit report fraud has a certain relationship with theindependent director system,the possibility of audit fraud reflects the flaws of theindependent director system.audit report fraud has a relatively significant impact onthe proportion of independent directors,independent directors of the auditcommittee,the salary of independent director,so through the audit information to testthe effectiveness of independent director system,to perfect the governance structure oflisted companies in our country,to improve the independent director system asreference.from the angle of the independent audit,it inspect the influence of theindependent director system on corporate governance and enrich the study of theindependent director system.only through perfecting independent director systemwhile actively promoting the reform of the governance structure of listedcompanies,improving internal and external corporate supervision mechanism,theindependent director system can play a positive role in our country.