What is the statutory audit of statutory audit in accordance with national law refers to mandatory audits must be performed with. For example, China's Foreign Investment Law, the provisions of the Companies Act etc. or listed foreign-invested enterprises must accept China's annual CPA audit. Statutory audit objectives statutory audit objective is to whether the financial statements in accordance with generally accepted accounting principles requires reflect a true and fair financial position and operating results of the company's comments, in order to ensure the realization of this goal, the auditor must perform the following duties: (a ) auditors enterprise accounting system must be developed for compliance with generally accepted accounting principles