What Does a Statutory Auditor Do?

Auditors are professionals who specialize in inspecting and further confirming the correctness, reasonableness, and acceptability of a company's accounting books and reports. The auditor is a senior employee of the company. A company may have one or more auditors, whose appointment and removal rights are at the shareholders' general meeting. The term of office is stipulated by the company law and can be re-elected. If no new auditor is appointed at the general meeting of shareholders, the company's competent department must be notified of the situation within the prescribed period, and the competent authority will appoint an auditor to fill the gap. In some cases, the court may remove the auditors appointed by the shareholders' meeting and, if necessary, appoint new auditors.

auditor

According to the "Notice of the Audit Commission and the Ministry of Personnel on Revising and Issuing the" Provisions for the Audit of Professional and Technical Qualifications at the Beginning and Intermediate Levels "and its Implementation Measures (Audi Renfa [2003] No. 4), the Ministry of Personnel and the Audit Commission Notice of Evaluation Methods for the Qualification of Teachers (Trial)> Notice "(Renfa [2002] No. 58) The arrangement of the Spirit of the Audit Office and the Audit Professional and Technical Qualification Examination Office of the Ministry of Personnel, combined with the actual situation in Beijing, The relevant issues of the preliminary and intermediate qualification examinations and the qualification evaluation of senior auditors are notified as follows:

1. The personnel who take the preliminary and intermediate qualification examinations for auditing professional technology shall have the following basic requirements:

1.Comply with national laws and have good professional ethics;

2. Seriously implement "

The subjects and content of the auditing professional technical preliminary and intermediate qualification examinations are audit-related knowledge (including: macroeconomics foundation,

Examinations

The audit professional and technical qualification examinations are all written in closed books. Those who pass the preliminary and intermediate qualification exams will be issued with the Audit Professional and Technical Qualification Certificate printed by the Guangdong Provincial Human Resources and Social Affairs Department. Those who pass the senior auditor qualification examination shall be issued with the certificate of achievement printed by the National Audit Office. ^[1]

Personal application: when applying for a certificate, candidates must present the original ID card and the original graduation certificate required for registration, one 2-inch photo and three one-inch photos (black and white, color can be), and fill out the "professional and technical personnel qualification examination The Qualification Registration Form is in triplicate. Among those candidates who have a working period requirement for the intermediate professional qualification examination for auditing, they must also submit a copy of the "Certification Form for Examination Registration Conditions" stamped by the unit.

Unit processing: If the unit handles the certificate centrally, except for the ID card copy, the rest of the card processing information will remain unchanged. At the same time, the unit introduction letter must be presented.

Entrustment: If you entrust a certificate, except for the ID card copy, the rest of the card application information will remain unchanged. At the same time, the agent must produce the original ID card.

Those who have one of the following qualifications can apply for a test-free audit environment:

1. Hold professional auditor's qualification certificate of senior auditors;

2. Hold professional accountant qualification certificate of senior accountant;

3. Hold a CPA certificate or a non-practicing CPA certificate;

4. Hold the qualification certificate of lecturer or above.

Examination and confirmation of the exemption qualification is the responsibility of the examination organization and the leading organization of the test site, and is reported to the China Institute of Internal Audit for the record.

Those who pass the intermediate and junior qualification examinations shall be issued the corresponding "Audit Professional and Technical Qualification Certificates" by the personnel departments of the provinces, autonomous regions and municipalities. Audit professional and technical qualification certificates are uniformly printed by the Ministry of Personnel, and jointly used by the Ministry of Personnel and the Audit Office, which are valid throughout the country. Foreign language requirements for intermediate qualifications in auditing are specified separately.

Those who have obtained professional and technical qualifications for auditing shall receive continuing education at the corresponding level in accordance with the relevant provisions of the Audit Commission.

Those who pass the auditing professional and technical qualification exams will be issued by the Bureau of Human Resources and Social Security, printed by the Ministry of Human Resources and Social Security, and jointly issued by the Ministry of Human Resources and Social Security and the Audit Office at the corresponding level of "Audit Professional and Technical Qualification Certificates" The certificate is valid nationwide. Foreign language requirements for intermediate qualifications in auditing are specified separately.

Disciplinary management: In any of the following circumstances, the license-issuing authority shall cancel its qualification and withdraw the certificate, and shall not take the audit professional and technical qualification examination within 3 years:

(1) Forging and altering academic and qualification certificates;

(2) Disciplinary acts during the examination.

The most challenging international information system auditor in the world began to enter China, and a young official of the National Audit Office became the first person in mainland China to obtain the qualification through an exam.

The international information system auditor's exam includes five aspects: information system auditing standards and security, information system security and control practices; information system organization and management; information system processing; information system integrity, confidentiality, and effectiveness; information Development, acquisition and maintenance of system software. Due to the wide range of knowledge involved and the rapid update of information technology, there is no comprehensive and systematic teaching material like other professional qualification examinations, which mainly examine the knowledge accumulation and work experience during the examination. Until 2012, the examination of the International Information System Auditor was still in English. Exam sites have been set up in China.

Domestic experts in the certified public accountant industry point out that the development of information technology has placed higher requirements on Chinese certified public accountants and accounting firms. Among the business income of international peers, the proportion of revenue from traditional audit services is rapidly declining. The proportion of service revenue has greatly increased, and these revenue increases are often related to IT environmental auditing and information system security audit services.

The average salary of auditors is higher than the average social income level. But an auditor who has just joined the bank generally only gets a guaranteed monthly salary. Although the salary level is not very high, as the experience continues to increase, the salary will continue to increase.

Promotion of positions can be one of the ways in which auditors are paid. Auditors will mainly develop in the direction of the chief financial officer. There will be an opportunity to transform into the company's management, and it may even become a company's partner, or operate independently and establish an auditor's office.