Текущее развитие рынка аудита в Китае

Abstract

The subject matter of this article is the stages of development of the audit market in China, including the four stages of wild development, regulated development, institutional innovation, and international development. The objective of this article is to analyse the characteristics and different strategies of the Chinese audit market at each stage of development, and to propose feasible recommendations for maintaining a stable development trend of the Chinese audit market in the future. In the course of the research, the author used general scientific methods such as analytical evaluation, comparative analysis, comprehensive evaluation and generalization. Through a comparative analysis of the indicators related to the development of the audit market in China from 1980 to 2020, the results of this article show that each stage of the audit market in China has a focus of development and different strategies. This is mainly reflected in the establishment of industry legislation, the development and growth of accounting firms, exchanges and cooperation with international and regional related organizations, the growth of the audit team, and the rapid growth of audit organizations' business revenues. The conclusion of this article is that the audit market in China has a trend of stable and rapid development. However, in order to maintain the stable and rapid development of the audit market in the future, Chinese small and medium-sized accounting firms need to improve the quality of audit services, enhance brand building, strengthen the professionalism of the audit team, as well as improve the international competitiveness of Chinese local firms.