Abstract
This paper identifies a number of potentially meaningful auditing research issues that arise from the dramatic changes currently taking place in the Peoples' Republic of China. These issues arise in the current economic environment, but are heavily influenced by political, cultural and historical circumstances. The research identifies organizational, technical practice and economic issues that impact the practice of accounting and auditing. The recent growth in the profession is evidence of the critical role accountants and auditors will play in future economic advances in the PRC. Research can also assist in identifying and resolving problems that may arise during the change to a “socialist-market” economy.

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