The Analysis Of Effect Of Measures On Auditor Switching

In recent years, with the continuous developing of our country's stock market, the listed companies usually switch auditor, this has long been a unique phenomenon, the reason mainly have both sides-voluntary switching and involuntary switching; Among them, the phenomenon of the voluntary switching has caused the extensive attention of regulators, benefits and researchers, because of its disadvantageous economic result that the management being audited evades the disadvantageous auditing opinion by switching the auditor, or threats to independence of the auditor by putting forward dismissing, even appears phenomenon of opinion-shopping, these will lower quality of audit, many problems of the company also have been hided down along with the switching or compromising of auditor. Aiming at this kind of behavior, the regulators have done unremitting efforts, and in 2002, the Chinese Institute of Certified Accountants(be called "CICPA" for short)released a series to measures aiming at the switching auditor, so have these measures been exactly effective?The experience proofs and the research results of numerous scholars show that the possibility that a listed company switches the auditor will remarkably increase if its auditor announced a not-standard opinion, and the severity degree of the successor's opinion will be lower.After the appearance of the CICPA's measures, the sensitivity possibility of the auditor's attention to switching auditor may be increasing, and the cost of switching auditor will remarkably raise, the possibility that the listed company wants to make opinion-shopping by switching auditor may correspond to be lower very much; Hence, a subject being worthy of research is that whether these measures will influence the business of the listed company or auditor, and the behavior of audit report of the successor auditor, however, whether former experience will take place variety needs a further substantial evidence examination. Say concretely, whether influence of the not-standard opinion confrontation to switching auditor becomes lower? Whether the severity degree of the successor's opinion will be lower on the condition that the listed company received a not-standard and switched auditor? This effective examination of the measures contributes to the perfect of the measures, carries out the interactive function between the academic researches and the regulatory work.This text collects the information of the auditor and the type of the opinion of A-shares of our country from 2000 to 2005, then with 2002 being boundary, makes use of two Logistics regression models to make the two kinds of examinations above-mentioned respectively, the result shows that the measures released by CICPA are valid.