Government's Purchase Of Social Auditing Services From The Perspective Of CPA

In 2015,the General Office of the Central Committee of the Communist Party of China and the General Office of the State Council issued the "Implementation Opinions on the Implementation of Full Audit Coverage".In response to the requirements of China's full audit coverage and the current state of insufficient government auditing power,the government's purchase of social audits has become an implementation of full audit coverage The inevitable choice required.The government's purchase of social audit services,as a new audit model,comprehensively utilizes social audit resources to better combine the advantages of government audits with the advantages of social audit organizations.Nowadays,the purchase of social audit services by the Chinese government has gradually become a common phenomenon,and there are indeed many risks affecting the quality of audits in the process of purchasing audit services by the government.How to control the audit quality has become a common concern of the government and social audit organizations and needs to be urgently resolved.After summarizing domestic and foreign research,this paper combines the new public service theory,transaction cost theory,and cybernetics to explain the quality control problems existing in the process of purchasing social audit services by the Chinese government.Based on the perspective of CPA,this paper analyzes the quality control problems existing in social audit organizations in the process of undertaking government audits,and the causes of the problems.These issues mainly include: audit fees affect audit quality,auditors' lack of professional competence,and audit expectations differ from government.The main reasons for the above problems are too low audit funding,inadequate risk assessment in the firm's business acceptance stage,and the lack of effective supervision and communication between the firm and government auditors.Finally,the corresponding improvement measures are put forward to address the problems:(1)Adequate pre-trial communication;(2)Improve risk assessment of project acceptance;(3)Strengthen business training of audit practitioners;(4)Strengthen supervision and communication during the audit process;(5)Improve talent incentive policies and start from The accountant's perspective outlined the measures that could be taken.Based on the perspective of CPA,the research on the quality of government purchasing social audit services is the focus of this paper.It hopes to provide new ideas for future research on the government's purchase of social audit services,and also provide reference for how to implement audit quality control in practice.