Study on the Auditing System of Socialism with Chinese Characteristics - (Wiley Corporate F&a) by Jiayi Liu (Hardcover)

About the Book

Book Synopsis

Study on the Auditing System of Socialism with Chinese Characteristics provides unprecedented insight into China's current audit process, with expert contributions and predictions of future trends. Author Jiayi Liu is the Auditor General of the National Audit Office of the People's Republic of China, and the current chairman of the governing boards of the International Organizations of Supreme Audit Institutions; in this book, he draws upon his vast experience to help you better understand China's unique approach to auditing. Contributions from senior auditors across the China National Audit Office share deep insight into the system's framework, features, and development, providing a comprehensive, systematic examination of current, past, and future practices.

As a leading global auditing authority, Liu is the ideal source of information and clarity on China's auditing system. This book opens up the practices, processes, and foundational aspects of this complex system to provide insight for those doing business in China.

• Understand the foundation of the Chinese auditing system
• Learn how the system was created and developed over time
• Delve into the system's framework and detailed features
• Gain first-hand insight into China's auditing experience

Developed as a companion to Study on the Auditing Theory of Socialism with Chinese Characteristics, this book expands upon the system's basic foundations to show how theory translates into practice. Companies who do business in China need a working knowledge of the system, and a scientific examination from the definitive authority provides a level of insight you won't find anywhere else. Study on the Auditing System of Socialism with Chinese Characteristics is the essential primer to the Chinese audit.

From the Back Cover

This essential companion to Study on the Auditing Theory of Socialism with Chinese Characteristics undertakes a thoughtful and organized exploration of China's auditing system to show how theory translates into practice. Study on the Auditing System of Socialism with Chinese Characteristics offers unprecedented insight into China's current audit process at a time when the country's economy and society are transitioning and leadership seeks to deepen reforms and implement the rule of law.

As Auditor General of the National Audit Office of the People's Republic of China and the current Chairman of the Governing Boards of the International Organizations of Supreme Audit Institutions, Jiayi Liu is highly qualified to offer an insider's look at the unique nature of the current audit process. In addition, senior auditors from the National Audit Office provide a logical and comprehensive examination of current, past, and future practices by sharing their own firsthand knowledge of the system's framework, features, and development. Every company doing business in China will find this peerless resource invaluable for the practical knowledge of the audit process it provides through a methodical examination by the definitive authorities charged with conducting and administering reports. This accessible guide enables you to:

• Gain a useful primer on how the Chinese auditing system formed and its evolution over time
• Examine the system's framework of audit laws and regulations, auditing system, audit duties and authorities, management system, and operational mechanism
• Understand how the socialist auditing system enriches and improves the socialist market economic system

When you need clarity on the complex socialist auditing system, turn to Study on the Auditing System of Socialism with Chinese Characteristics.

About the Author

JIAYI LIU, PHD, (Economics), has been Auditor General of China since 2008. From 2011 to 2012, he served as Chairman of the United Nations Board of Auditors. In 2013, he took over as Chairman of the INTOSAI Governing Board, which expires in December 2016. In addition, he won the United Nations Peace Prize in recognition of his auditing work for UN peacekeeping operations (2013). In 2016, he was awarded the Grand Decoration of Honour in Gold with Sash for Services to the Republic of Austria.