Listed Company Audit Fee Pricing And Changes In The Empirical Study

By doing research on the determinants of the forming and changing of the audit fees, we can learn deeply about the pricing and changing mechanism of the audit market, and enhance the understanding of all the parts of the stock market towards the audit service. Meanwhile, it helps some management department to supervise the stock market and the CPA.By using the data of the listed companies of China from 2003 to 2005, we've done some empirical research on the forming determinants of the audit fees. The result turns out that: the asset size, business scope ,location and accounting office scope are significant to the audit fees forming. Organization structure, risk factors and audit opinion are not significant to the audit fees. Other factors are in different result in the three years. Then we've done some empirical research on the audit fees depending on the industry difference. And the result shows the industry difference don't affect the audit fees. What' more, we've done some further empirical research on the audit fees depending on the location difference. The result shows the location differences affect the audit fees, and the difference is stable. Then we've done some empirical research on the changing determinants of the audit fees. The result turns out that: the asset size changing, accounting office scope changing corporate governance changing and accounting office changing are significant to the audit fees' changing. At last, we give some suggestions depending on the results above, such as making sure the implementation of the risk guide audit, focusing on the cultivation of the reputation, developing the industry expertise of CPA, improving the organization structure and establishing the rules of recording.