Author(s)

Lin Jian

Corresponding Author

Lin Jian

Abstract

Audit independence is the most basic requirement for CPAs to engage in audit work, and it is also the embodiment of professional ethics. Lack of audit independence means that audit lacks authority, which can easily lead to the decline of audit quality and make wrong audit conclusions. At present, more and more companies are issuing shares to finance in the securities market. However, a series of financial fraud cases of listed companies continue to occur, causing huge losses to investors. It also caused the public to start to have great doubts about the objective and impartiality of the auditing industry. The independence of auditing has gradually attracted the attention of the whole society. CPAs use their independent positions to conduct audit work and publish their own audit opinions on financial reports. Only by truly guaranteeing their independence can they play their actual role.

Keywords

Certified Public Accountant, Audit, Independence