The Discussion On CPA Systrust In The Age Of Big Data

As the Internet going deep into every field of social life, the technology of data collection, processing, storage and transmission has been an unprecedented development, the acquisition, processing and transmission of the information have been significantly changed. We have entered the age of big data unknowingly. The application of information technology in the enterprise makes the information system becoming an important way of data collection, processing, storage and transmission. It has brought the profound impact on the development of enterprises. Unsecured information system is vulnerable, resulting in data loss or leakage, causing incalculable damage to the enterprise. Given the importance of the information system, the Ministry of Finance issued a "No.18 Application Guidelines for Enterprise Internal Control-Information Systems", requiring the establishment of an internal control systems to enhance the security and reliability of the information system. In order to enhance the security of the information system and obtain the public trust, companies need a third party to stand on an objective and impartial position to assure the reliability of the information system. As a result, the Chinese Institute of the Certified Public Accountant issued "the guidance of CPA services" to promote CPA systrust in accounting firms.Foreign counties have already recognized the importance of the CPA systrust. The relevant departments and associations have invested a lot of manpower, material and financial resources for theoretical research, and have established relevant standards to guide the practice. With the support of professional associations, foreign accounting firms have launched CPA systrust to improve the reliability of enterprise information system. Compared with other countries, the study on the CPA systrust started late in China. There is an urgent need to strengthen the research of CPA systrust. Given that the information system is important and suffering widespread attack in the age of big data, it is important and urgent to develop CPA systrust in our country. Therefore, this paper discusses the relevant topics in CPA systrust, providing the theoretical basis and policy recommendations to develop CPA systrust in the age of big data.Firstly, this paper expounds on every aspect of CPA systrust, such as its concept, nature, contents, objectives and fundamental theories. Secondly, this paper analyses the application of enterprise information system and the necessity and feasibility of developing CPA systrust in the age of big data. Thirdly, this paper discusses the existing problem of CPA systrust in China. Finally, based on the experience and revelation of CPA systrust in America, this paper puts forward the suggestions on developing CPA systrust in the age of big data.The necessity of developing CPA systrust is analyzing from both enterprises and accounting firms. From the perspective of enterprises, diversification and complexity of the information put forward higher requirements for the reliability of the information system, and the prevalence of cybercrimes need to strengthen the security of the information system. From the perspective of accounting firms, the intense competition forces them to broaden their service areas. Meanwhile, the advantages of CPA enable accounting firms to develop CPA systrust.However, we still face some difficulties in developing CPA systrust currently. We are lack of awareness of CPA systrust. The professional competence of CPA is not comprehensive enough. The relevant standard system of systrust is not perfect. This paper draws on the experience of CPA systrust in America and puts forward four suggestions, combined with China’s national conditions. The first is to improve the public awareness of CPA systrust, including intensifying the propaganda of systrust, promoting the academic research and theoretical discussions and supporting from professional association. The second is to enhance the practice ability of CPA further, including providing relevant training for the existing CPA and building the talent pool, by making the requirements for professional competence in the standards. The third is to sound relevant standard system of CPA systrust, including relevant standards, operable practice guidelines and suitable professional ethics. The fourth is to strengthen the supervision and management, including establishing the market access mechanism and service quality control system, and providing technical aids during the process of CPA systrust.