Proceedings of the 3d International Conference on Applied Social Science Research

Exploration of the Audit Independence

Authors
Yu-ying Yu, Xiu-li Zhu, Fang-xing Fu
Corresponding Author
Yu-ying Yu
Available Online August 2016.
DOI
https://doi.org/10.2991/icassr-15.2016.120How to use a DOI?
Keywords
Audit independence, Systematic process, The third party
Abstract
Different from the two kinds of audit requirements proposed by agency theory, the practical audit mode needs to guarantee the audit independence. But the stakeholders of the audit business make current protection measures for the independence of the audit from their own view. From the systems perspective, we suggest on the basis of considering the audit process that: (1) we should improve the information transparency before the manager and the auditor make the audit contract by the construction of enterprises. (2) we should strengthen the publicity when we hire or dismiss the audit firm.(3)the audit association provide professional service for the board of directors, in particular the board of audit committee. (4)we should introduce a third party arbitration to resolve accounting divergence between the auditor and manager (5)we should expand the channels of supervision, and strengthen the execution of the punishment.
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Proceedings
3d International Conference on Applied Social Science Research (ICASSR 2015)
Part of series
Advances in Intelligent Systems Research
Publication Date
August 2016
ISBN
978-94-6252-148-3
ISSN
1951-6851
DOI
https://doi.org/10.2991/icassr-15.2016.120How to use a DOI?
Open Access
This is an open access article distributed under the CC BY-NC license.

Cite this article

TY  - CONF
AU  - Yu-ying Yu
AU  - Xiu-li Zhu
AU  - Fang-xing Fu
PY  - 2016/08
DA  - 2016/08
TI  - Exploration of the Audit Independence
BT  - 3d International Conference on Applied Social Science Research (ICASSR 2015)
PB  - Atlantis Press
SN  - 1951-6851
UR  - https://doi.org/10.2991/icassr-15.2016.120
DO  - https://doi.org/10.2991/icassr-15.2016.120
ID  - Yu2016/08
ER  -