内部控制质量与审计师变更——来自我国上市公司的经验证据
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摘要
以我国2010年变更审计师的上市公司作为样本,采用主成分分析方法构建衡量上市公司内部控制质量的指标,对内部控制质量与审计师变更的关系进行研究。研究发现:上市公司内部控制质量越低,变更审计师的可能性越大;而变更审计师的公司对高质量审计的需求概率则与内部控制质量变化表现为倒U型曲线关系,即对于变更审计师的公司,在变更方向上,高质量审计需求与内部控制质量的变化表现出先上升、后下降的趋势。这说明当内部控制足够有效时,内部控制与高质量审计之间具有替代关系。
The paper examines the relationship between the internal control quality and auditor changes by using the listed companies which changed their auditors in 2010 as samples.The results show that there is a statistically significant negative correlation between the internal control quality and auditor changes.To the listed companies which changed their auditors,the relationship between the demand for high quality auditors and internal control quality demonstrates an inverted U type curve.It means that when their internal control quality is effective enough,the relationship between internal control and the demand for high quality auditors is substitutive.
The paper examines the relationship between the internal control quality and auditor changes by using the listed companies which changed their auditors in 2010 as samples.The results show that there is a statistically significant negative correlation between the internal control quality and auditor changes.To the listed companies which changed their auditors,the relationship between the demand for high quality auditors and internal control quality demonstrates an inverted U type curve.It means that when their internal control quality is effective enough,the relationship between internal control and the demand for high quality auditors is substitutive.
引文
[1]方红星.内部控制、审计与组织效率[J].会计研究,2002(7):41-44.
[2]Li C.Three essays on the effect of the Sarbanes Oxley Act of 2002 on the audit environment-study two:auditor realignments accompanyingimplement of Sox 404 reporting requirements[D].Doctoral Dissertation,University of Kansas,2007:43-86.
[3]陈丽蓉,周曙光.上市公司内部控制效率实证研究——基于审计师变更视角的经验证据[J].当代财经,2010(10):120-127.
[4]Johnson W B,Lys T.The market for audit services:evidence from voluntary auditor changes[J].Journal of Accounting and Economics,1990,12(1):281-308.
[5]Chan K H,Lin K,Mo P L.A political-economic analysis of auditor reporting and auditor switches[J].Review of Accounting Studies,2006,11(10):21-48.
[6]吴溪.我国证券市场审计师变更的若干特征分析[J].中国注册会计师,2002(1):27-30.
[7]黄崑,张立民.监管政策、审计师变更与后任审计师谨慎性[J].审计研究,2010(1):65-74.
[8]陆正飞,童盼.审计意见、审计师变更与监管政策——一项以14号规则为例的经验研究[J].审计研究,2003(3):30-35.
[9]DeFond M L,Subramanyam K R.Auditor changes and discretionary accruals[J].Journal of Accounting and Economics,1998,25(1):35-67.
[10]Raghunandan K,Rama D V.SOX Section 404 material weakness disclosures and audit fees[J].Auditing:A Journal of Practice&Theo-ry,2006,25(1):99-114.
[11]Shu S Z.Auditor resignations:clientele effects and legal liability[J].Journal of Accounting and Economics,2000,29(2):173-205.
[12]Jensen M C,Meckling W H.Theory of the firm:managerial behavior,agency costs and ownership structure[J].Journal of Financial Eco-nomics,1976,3(4):305-360.
[13]韩洪灵,陈汉文.公司治理机制与高质量外部审计需求[J].财贸经济,2008(1):61-66.
[14]杨德明,林斌,王彦超.内部控制、审计质量与代理成本[J].财经研究,2009(12):40-49.
[15]Pae S,Yoo S W.Strategic interaction in auditing:an analysis of auditors'legal liability,internal control system quality,and audit effort[J].The Accounting Review,2001,76(3):333-356.
[16]张旺峰,张兆国,杨清香.内部控制与审计定价研究——基于中国上市公司的经验证据[J].审计研究,2011(5):65-72.
[17]中国上市公司内部控制指数研究课题组.中国上市公司内部控制指数研究[J].会计研究,2011(12):20-24.
[18]DeAngelo L E.Auditor size and audit quality[J].Journal of Accounting and Economics,1981,4(3):183-199.
[19]漆江娜,陈慧霖,张阳.事务所规模、品牌、价格与审计质量[J].审计研究,2004(3):59-64.
[20]方红星,张志平.内部控制质量与会计稳健性——来自深市A股公司2007—2010年年报的经验证据[J].审计与经济研究,2012(5):3-10.
[21]刘亚莉,马晓燕,胡志颖.上市公司内部控制缺陷的披露:基于治理特征的研究[J].审计与经济研究,2011(3):35-43.
[22]刘明辉,王恩山.我国审计需求的异化及制度成因[J].审计与经济研究,2011(4):3-12.
[2]Li C.Three essays on the effect of the Sarbanes Oxley Act of 2002 on the audit environment-study two:auditor realignments accompanyingimplement of Sox 404 reporting requirements[D].Doctoral Dissertation,University of Kansas,2007:43-86.
[3]陈丽蓉,周曙光.上市公司内部控制效率实证研究——基于审计师变更视角的经验证据[J].当代财经,2010(10):120-127.
[4]Johnson W B,Lys T.The market for audit services:evidence from voluntary auditor changes[J].Journal of Accounting and Economics,1990,12(1):281-308.
[5]Chan K H,Lin K,Mo P L.A political-economic analysis of auditor reporting and auditor switches[J].Review of Accounting Studies,2006,11(10):21-48.
[6]吴溪.我国证券市场审计师变更的若干特征分析[J].中国注册会计师,2002(1):27-30.
[7]黄崑,张立民.监管政策、审计师变更与后任审计师谨慎性[J].审计研究,2010(1):65-74.
[8]陆正飞,童盼.审计意见、审计师变更与监管政策——一项以14号规则为例的经验研究[J].审计研究,2003(3):30-35.
[9]DeFond M L,Subramanyam K R.Auditor changes and discretionary accruals[J].Journal of Accounting and Economics,1998,25(1):35-67.
[10]Raghunandan K,Rama D V.SOX Section 404 material weakness disclosures and audit fees[J].Auditing:A Journal of Practice&Theo-ry,2006,25(1):99-114.
[11]Shu S Z.Auditor resignations:clientele effects and legal liability[J].Journal of Accounting and Economics,2000,29(2):173-205.
[12]Jensen M C,Meckling W H.Theory of the firm:managerial behavior,agency costs and ownership structure[J].Journal of Financial Eco-nomics,1976,3(4):305-360.
[13]韩洪灵,陈汉文.公司治理机制与高质量外部审计需求[J].财贸经济,2008(1):61-66.
[14]杨德明,林斌,王彦超.内部控制、审计质量与代理成本[J].财经研究,2009(12):40-49.
[15]Pae S,Yoo S W.Strategic interaction in auditing:an analysis of auditors'legal liability,internal control system quality,and audit effort[J].The Accounting Review,2001,76(3):333-356.
[16]张旺峰,张兆国,杨清香.内部控制与审计定价研究——基于中国上市公司的经验证据[J].审计研究,2011(5):65-72.
[17]中国上市公司内部控制指数研究课题组.中国上市公司内部控制指数研究[J].会计研究,2011(12):20-24.
[18]DeAngelo L E.Auditor size and audit quality[J].Journal of Accounting and Economics,1981,4(3):183-199.
[19]漆江娜,陈慧霖,张阳.事务所规模、品牌、价格与审计质量[J].审计研究,2004(3):59-64.
[20]方红星,张志平.内部控制质量与会计稳健性——来自深市A股公司2007—2010年年报的经验证据[J].审计与经济研究,2012(5):3-10.
[21]刘亚莉,马晓燕,胡志颖.上市公司内部控制缺陷的披露:基于治理特征的研究[J].审计与经济研究,2011(3):35-43.
[22]刘明辉,王恩山.我国审计需求的异化及制度成因[J].审计与经济研究,2011(4):3-12.