On Studies Of Auditing Mechanism In Corporate Governance

The nineteenth century is the century of the enterprisers, and the twentieth century is the century of management, while the twenty-first century is the century of the corporate governance. In the recent years, the corporate governance has become one of the hottest topics for discussion inside and outside of the country. Moreover, the corporate governance is close related to the audit. The basic function of the audit is supervision, estimation and judgment. The audit mechanism within the corporate governance structure is a kind of audit systems arrange that consisted of diverse audit main-body and multilayer audit system. Speaking radically, the happening of these incidents from the Aron and MCI World Com in America to the Energy 28 and Sanjiu Enterprise Group and from Hubei Lihua to Zhong Tian Qin are all leaded by the severe limitation of the audit mechanism, which needs us to find out the disabled cause of the audit supervising mechanism and the sticking points of the problems under the current corporate governance structure to establish an audit mechanism which adapts to the actual conditions of our country.First of all, the paper studies the audit mechanism in the corporate governance structure of our country from the perspective of client and agency and illustrates the definition and classification of the audit mechanism. At the same time, it point out that the high efficient audit mechanism must have a specific audit object, a smooth audit route and timely transfer of audit message in the corporate governance structure. The operation mode of the audit mechanism is different under the different main body of the corporate governance. So the paper aims to theoretically expound the structure and the operation mode of the audit mechanism under the different main body of the corporate governance of our country from such aspects as the audit main-body, the audit route, the realization of the audit object and so on, and then profoundly analyze the limitation existed in the corporate governance structure of our country and the problems existed in the process of operation of the audit committee and the self-governed director system in our country on this theoretical base. Finally, it puts forward the theoretical frame of the audit mechanism adapted to the actual conditions of our country and points out how to optimize and transform the current system and operation mechanism. In addition, it also puts forward the corresponding circumstance support from the perspective of law and politics to ensure the operation of the audit mechanism.Under the background of the corporate governance globalization, the study on the audit mechanism in the corporate governance structure can quicken the connection of the audit mechanism mode in the corporate governance of our country with the international, improve the operation efficiency of the audit mechanism and promote the exertion of its supervising functions. What's more, it can ensure the authenticity and veracity of the information disclosure, which can furthest guarantee the benefits of the stockholders and correlative persons, build up the confidence of the market, enhance the competition ability of the enterprises, and sequentially promote the economic development and advancement of the whole society.