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In recent years, there have been frequent audit failure cases around the world, which seriously affected the market order. The independence of the audit is becoming more and more important. If the independence of the audit is lacking, the certified public accountant will issue a false audit report, which will adversely affect all stakeholders. However, my country's market economy started relatively late, and audit independence will inevitably have some problems in practice. This paper focuses on the lack of audit independence under the market economy, and analyzes the reasons and some of my own thoughts. It has certain implications for preventing the lack of audit independence. Reference meaning.

Accounting is a language to record economic life, and with the rapid development of productivity and economic and social progress in China, accounting standards are constantly updated to meet the needs of accounting practice and promote the effective operation of socialist market economy. China promulgated the Accounting Standards for Business Enterprises in 1992 as the highest authority of accounting regulations, which has been developed and improved for nearly 30 years, but it is undeniable that the current Chinese accounting standards (CAS) have borrowed from Western accounting standards especially the International accounting standards (IAS) to a considerable extent. In this paper, from the development history of CAS, through the analysis of the causes and effects of the overall differences and specific differences between the two systems on the financial statements of enterprises, combined with the SWOT-PEST model, we make a reasonable outlook on the development of CAS.