Quality Of Independent Audit Study

The importance of independent audit has been recognized. However, during the past few years, with the frequent exposure of the financial fraud at home and abroad, the audit quality of CPA confront a grim crisis of integrity. The Public becomes more and more dubious to CPA. So, how to improve the auditor quality to accelerate the sustainable development of CPA profession has become an important matter of the specialists and the public. Under the circumstances, it is very urgent to make a study on this issue.First, this paper analyzes the conception and measurement of audit quality, and agent relationship in the CPA audit service market. Secondly, the author attempts to investigate the status quo of CPA audit quality from two aspects: the result of the audit quality inspection disclosed by the supervision departments, and simple positive study. Then, further analyses of the contributing actors for low audit quality, and the author think that the effective demands of audit service and legal responsibility determine the audit quality. Finally, according to the research, it puts forward some suggestions to improve CPA audit quality in our country.