Study on the Factors and Measures of Audit Independence for Accounting Firm—Taking 30 Accounting Firms in Chengdu for Instance

Abstract

Since audit independence is essential for audit work and the basic premise for carrying out the audit work, it’s also the core of the certified public accountant professional ethics. This article goes through 30 accounting firms in Chengdu, on the basis of questionnaire, interview, in terms of the firms, the audited units and the legal system (industry) to analyze the factors that influence the public accountants’ audit independence. We found that the size of the firm and strength; the possibility of the audited units of financial fraud; Unsound legal rules (regulatory system) are the main factors affecting the audit independence; ultimately, corresponding countermeasures and proposals are put forward.