A New Perspective on Relationship between Corporate Governance and Auditing

Abstract

This paper clarifies a new perspective on relationship between corporate governance and independentauditing, and reexamines the contribution of independent auditing to corporate governancethrough the discussion of the relationship between corporations and society as recentlybrought up concerning Corporate Social Responsibility (CSR). Because we nowadays can nolonger accept uncritically the conventional perspective on relationship between corporate governanceand independent auditing under today’s corporate governance. We need to reconsiderthe view of how corporations and auditing should be toward rebuilding public trust, and to understandthe importance of auditing in today’s corporate governance. Copyright © www.iiste.org