Analysis on the Lack of Audit Independence in China under the Market Economy

Abstract

In recent years, there have been frequent audit failure cases around the world, which seriously affected the market order. The independence of the audit is becoming more and more important. If the independence of the audit is lacking, the certified public accountant will issue a false audit report, which will adversely affect all stakeholders. However, my country's market economy started relatively late, and audit independence will inevitably have some problems in practice. This paper focuses on the lack of audit independence under the market economy, and analyzes the reasons and some of my own thoughts. It has certain implications for preventing the lack of audit independence. Reference meaning.