A Brief Introduction to the China Auditing Institute

Abstract

An account of developments in auditing in the People′s Republic of China following the establishment of the China Audit Administration in 1983 is given. Owing to the complexity and number of state‐owned enterprises, auditing supervision cannot be carried out directly and regularly by state auditing institutions alone. Therefore, internal auditing systems also are a vital part of the socialist auditing system. Development in internal auditing has been rapid since 1985, numbering more than 80,000 personnel and culminating in the establishment of the China Internal Auditing Instituting in 1987. A description of the work and progress of the institute since its inception is given.

Citation

(1989), "A Brief Introduction to the China Auditing Institute", Managerial Auditing Journal, Vol. 4 No. 1. https://doi.org/10.1108/EUM0000000001745