Institutional Defects of Listed Companies Audit in China and Its Rectification
Listed company audit is institutional work;however,there are no impeccable institutions.Audit policy of listed companies is no exception.Probing into auditors,the demand for audit,commissioning of audit and audit products,this paper elaborates on the institutional defects of audit and suggests measures for rectification of the flaws and indicates that strengthening supervision will help to minimize the negative effects.