英文目录

Assistant Minister Yu Weiping raises requirements to the “Year of Internationalization” Campaign

Mr. Yu Weiping, Assistant Finance Minister requires the “Year of Internationalization” Campaign to be launched conscientiously. The Campaign should be combined with summarizing the practice of the internationalization of the profession so as to promote a solid in-depth carrying out of the Campaign, further strengthen the achievements of international convergence of standards, improve the modernization of professional education of CPAs and the building of professional service market, enhance the capacity of big firms for internationalization and participating in governance of international accounting firms, raise the voice of the profession in international accounting affairs, and enable the professional service and management level to further keep up with international level.

Study on relationship among auditor’s quality, internal control quality and corporate capacity of surplus

At the present situation of weak capacity and quality of surplus of domestic listed companies, the article discusses the influence mechanism of internal control, auditor’s quality and corporate capacity of surplus. Based on empirical analysis of A-share listed companies in Shanghai and Shenzhen stock markets in 2010-2013, it is found that auditor’s quality has direct positive influence to corporate capacity of surplus and internal control quality; high quality internal control can bring high surplus for corporate; meanwhile, auditor’s quality indirectly affect corporate capacity of surplus through its influence to internal control. It provides experience and advice to the strengthening of earning power, financing, and financial decisions of listed companies.

The use of modern risk-based audit mode and its study

The use of modern risk-based audit mode is considered as a technical revolution and receives wide attention. The article reviews the achievements of related empirical studies of the use of modern risk-based audit at home and abroad, which shows that the assessment of client business risk plays a positive role for assessing the risk of material misstatement; the strategic analysis method is helpful in the assessment of business risk and material misstatement risk; audit risk model plays limited role in practice, but is more like a conceptual model guiding audit plan; the implementation of modern risk-based audit enhances auditor’s confidence to the result of audit, meanwhile, increases the input of the accounting firms.