Answer: What are the basic paradigms and characteristics of the audit system? Give an example to illustrate them.

The audit system is divided into six basic modes. Audit institutions are subordi

Answer: What are the basic paradigms and characteristics of the audit system? Give an example to illustrate them.

The audit system is divided into six basic modes. Audit institutions are subordinate to the legislative branch, directly responsible to the parliament and report their work, completely independent of the government, and mainly audit government finances. This model is very common in developed countries such as Western Europe and North America and many developing countries. (2) Audit institutions belong to judicial organs, that is, audit institutions have certain judicial authority in addition to their audit functions. Adopted by some countries in western Europe and South America. France, Italy and Brazil are typical representatives. They set up audit courts and enjoy some privileges of the Supreme Court. Auditors are mostly judges, and the main object of audit is national finance. (3) Independent of the legislative, judicial and administrative departments, the auditing organ is not subordinate to any power department, with Germany as a typical representative, and the Federal Audit Institute has been established, which is independent of the legislative, judicial and administrative departments and directly responsible for the law. This model is formally independent of the three powers, but actually focuses more on serving the legislative branch. (four) under the state administrative organs, audit institutions are part of the state administrative organs, responsible to the government and report their work. However, from the development trend, it is also increasingly serving the legislative branch. At present, this model is mainly implemented in a few countries such as Sweden and Saudi Arabia. (5) Audit and supervision functions, such as Korea and Mongolia. South Korea has set up an audit supervision institute independent of the government, which is directly led by the president and has an independent legal status. (6) The mode of chief auditor. For example, India and other countries have set up independent accounting and auditing bureaus, which are responsible for the preparation of financial final accounts and national financial audits.