The Auditing System in China

Abstract

The main topic of the degree thesis is the Auditing System in China and its evolution. The key focus will be on the critical changes that the Chinese Auditing system underwent throughout history, starting from the late Zhou dynasty in its primordial stage, to the switch that happened after the Mao's era and the new auditing system that stemmed from Deng Xiaoping's Reforms and opening Programme. As well as the themes previously stated, the thesis will also cover, amongst the others, the Auditing System critical steps, such as the adoption of the IFRS principles and its current situation.