The Government Auditing Standards Of China And The United States Comparison And Reference

In2010launched the latest national auditing standards of the People’s Republic of China,inJanuary1,2011formally implemented.Meanwhile,the United States formally released the sixthrevision of the U.S. government auditing standards in December2011,the revision is used tosolve the defect of the regulatory system or method of response to market risk is adjusted andperfected.China as the world’s GDP ranks second,study and draw lessons from western countriesaudit theory and audit system, to strengthen the audit system,play to audit supervision functionhas important significance.This article through the literature review found that the audit theoryabout the comparative study of the current government auditing standards of China and theUnited States is relatively weak.Therefore, in this paper, the background of global economicintegration environment, based on China’s national conditions, using the method of normativeresearch, comparative research, study and put forward the national auditing standards of thePeople’s Republic of China and the United States government auditing standards, and analyzesthe reasons of the differences, so as to put forward suggestions for improvement, thus better ableto guide practice work.In this paper, through the development of the government auditing standards of China andthe United States first longitudinal comparative analysis, made clear the government auditingstandards between the two countries in the present stage of historical position, and as the basis ofthe comparative analysis and put forward the perfect measures.Then, this paper, by means of comparative study of government auditing standards of Chinaand the United States on the general and specific content of major differences were analyzed, andto analyze the deficiency existing in our country government auditing standards. Through thecomparison study found that the two countries government auditing standards exist significantdifferences as follows:(1)The government auditing standards framework system differences;(2)The differences on independence;(3) The performance audit in the government auditingstandards specification differences;(4) Ethical positioning difference;(5) Rules set the difference;(6) Quality control specification;(7) Supplementary provisions differences;(8) Otherdifferences.According to these differences, this paper summarizes its influence on audit quality issignificant, a direct impact on the effect of audit practice. Based on the difference of comparativeanalysis, this article from the perspective of auditing environment and auditing system, analyzesthe causes of the major differences between China and the United States, to finally bring forwardthe perfect measures of suitable for China’s national conditions laid a foundation.Finally, based on a comparative analysis of the government auditing standards of China andthe United States and the cause analysis, put forward the perfect measures for China’s nationalconditions, it mainly includes:(1)Strengthen the construction of the government audit guidelines; (2) Strengthening the independence in the position in auditing standards;(3) The performanceaudit in the perfect auditing standards;(4) The ascent of the professional ethics orientation;(5)Strengthening rules set specification;(6) The improvement of the quality control. In this paper,the improvement of the measures to improve the quality of the government audit work, and betterguide auditors engaged in auditing practice work.