Research On The Improvement Of Audit Report Model

The audit report is the most significant chartered report of the CPA and the"finished product"of the CPA.In order to improve this"finished product"and to better achieve the effects of the communication bridge of the audit report between CPA and the users of the audit report,the following amendments of the auditing standards have been made by China to achieve the improvement of the audit report mode.In the year of 2006,China has issued the audit standards and the application guidelines of the CPA and achieved the preliminary and comprehensive convergence with the international auditing standards.In the November of 2010,China has again made a comprehensive revision of the audit standards of CPA in China to maintain the consistent convergence with the international audit standards.On January 15th of the year of 2015,the international auditing and assurance standards board(IAASB)issued a new(amended)related auditing standards text and China has released the related standards draft of the audit report on January 7th of 2016.What's more,12 auditing standards have been also issued on December 23th of 2016 by the ministry of finance.The release of the new audit standards has been a positive reaction of China to the mammoth changes of the international standards in order to maintain the dynamic international convergence of the Chinese auditing standards,which also has conformed to the economic development of China to improve the audit quality and the value of the audit reports and to make the significant improvements according to the users'demands of the audit report.And the aim of the new auditing standards is to increase the information contents of the audit report,to enhance the transparency of the work and to improve the communication values of the audit report,thus helping the information users to better understand the financial statements.In my opinion,facing with a right time now,we should actively explore the users of the audit report,especially the investors and creditors constituting the largest group of the users of the audit report,and the evaluation and use experience of the audit reports in the new auditing standards,in which the social public's satisfaction of the demands of the audit report under the new auditing standards in China should also be explored to make some bold expectations.The results of the survey show that the participants'satisfaction to new audit report model~3is high.Meanwhile,the improvement of the audit report model is confirmed on the whole level.However,there are still some words and paragraphs that can be improved,and the effect of improving the audit report mode and the continuous improvement is the future development direction of the audit report mode The The author's innovation in this paper is to combine the 12 audit standards issued by the Ministry of Finance on December 23,2016and the first audit report issued on February 18,2017,based on the audit report.The evaluation of the user for the first audit report Survey,not only from the investor point of view,but also on the views of creditors for statistical analysis,and boldly look forward to the future development trend of the audit report model.