Research On The Purchase Of Social Audit Services By Audit Institutions

China is now on a mission to construct a socialist,modern nation in its entirety,and is on the path to achieving its second centenary ambition.High-quality and full-coverage audit supervision can effectively promote and guarantee high-quality economic development.In the new era,the requirement for "full audit coverage" as an essential element and internal necessity of the audit work has raised the bar for national audit work.However,in the practical implementation of this concept,there has been a lack of audit strength and unsatisfactory audit quality,which contradicts the concept of full audit coverage.Selecting the backing of social entities and procuring audit services from social organizations like accounting firms has been an efficacious way to resolve the inconsistency in this instance.Audit institutions’ procurement of social audit services not only bolsters the cohesion of audit forces,but also optimizes resource allocation and reduces audit costs.Enhancing the joint audit supervision force is also beneficial.Beginning with the government,audit institutions’ procurement of social audit services has been extended to include the market,which has become a bridge and connection between national and social audit.A comprehensive and methodical examination of the acquisition of social audit services by audit institutions,including a theoretical analysis and current situation analysis,is conducted in this paper,taking into account the development process,theoretical basis,and institutional background.The research content system of national audit purchasing audit services can be enriched by these studies,and the in-depth and systematic study of similar issues will be advanced.The research in this paper not only starts from theory,but also combines with practical case analysis,which is helpful to better promote the practice of audit institutions and relevant government organizations to purchase audit services.This paper delves into the following primary topics,and draws pertinent research conclusions.In terms of the institutional background and theoretical basis for the audit institutions’ acquisition of social audit services,this is done through the amalgamation and examination of documents,data,regulations and statutes.The legal basis for the theoretical and case analysis in the following text has been established by sorting out the pertinent basis and development process.Second,the theoretical analysis of the purchase of social audit services by audit institutions is analyzed from the reasons,processes,division of responsibilities,risks and quality control of the purchase.Year after year,the number of audit institutions procuring social audit services has been on the rise,thus making it a current situation.The epidemic in 2020 has caused a brief dip,however.On the other hand,it is found that public bidding is the main way for audit institutions to purchase social audit services,but after 2021,the purchase mode begins to tilt towards competitive negotiation.This paper examines the procurement of social audit services by audit institutions,taking into account various practical considerations,as its primary innovation points.The flow chart is used to identify the risk points at various stages.Second,we collected more than 3000 pieces of data to analyze the current situation of audit institutions’ purchase of social audit services.In addition,the text also combines actual case analysis and questionnaire survey to further analyze whether the theoretical suggestions put forward by other scholars have been effectively implemented when the audit institutions purchase social audit services.Provide suggestions for the audit institutions to purchase social audit services or provide corresponding services for the audit institutions.