2011年中印审计论坛论文（一）.docVIP

PAGE PAGE 1 Country Paper Ⅰ for China-India Audit Seminar Architecture and Main Contents of China’s National Auditing Standards The National Auditing Standards of the People’s Republic of China (hereinafter referred to as the “Auditing Standards”) was promulgated on September 1, 2010 under No. 8 Order signed by Auditor General Liu Jiayi and went into effect as of January 1, 2011. The promulgation of the Auditing Standards was a significant event after the Audit Law of the People’s Republic of China became effective and the Regulations for the implementation of the Audit Law were revised in the building up of the legal system of audit. It is an important measure for improving the legal system of audit and also a milestone in the history of building up the national auditing standards system. The Standards are of paramount importance to the following aspects: normalize audit-related practice of audit institutions and auditors; ensure audit quality; avoid audit risks; and play the “immune system” function of ensuring healthy operations of the national economy and society as well. Architecture of the Auditing Standards In the past, the architecture of national Auditing Standards in China were composed of one basic principle for national audit and some general auditing principles and principles for specialized profession, which was loose and relevant rules were overlapping. This was hard for government auditors to systematic learn and master the Auditing Standards. The current standards base themselves on the Audit Law and the Regulations for Implementation of the Audit Law；They have the characteristics of China’s auditing profession and practice of its management; and at the same time, they used experience of the auditing standards of foreign countries (especially the United States and India, etc.) as reference. Auditing-related professional ethics, auditing-related technologies and the standards controlling auditing quality have been integrated to form a complete