To accelerate the development of Chinese financial auditing theory with Chinese characteristics is essential for improving independent academic systems and empowering financial governance. This study delves into the formation logic and hierarchical structure of financial auditing theory with Chinese characteristics, grounded in practical auditing experiences. Firstly, Based on the tridimensional framework constituted by institutional logic, governance logic, and functional logic, this study systematically elucidates the constitutive logic of the financial auditing theory with Chinese characteristics. It thereby shapes the political essence (“why audit”) of financial auditing, establishes its operational framework (“how to audit”), and defines its fundamental objectives (“for what direction to audit”). Secondly, based on the coupling relationship between generative logic and hierarchical structure, it constructs a threetier structure system for the “basicapplicationdevelopment”and reflects the integrity of the theoretical system. Finally, it establishes longterm mechanism for the theoretical advancement across four dimensions: institution, technology, talent, and law. The research provides systematic theoretical support for accelerating the development of Chinas selfdeveloped auditing knowledge system and enhancing the effectiveness and efficiency of financial auditing.