Empirical Study The Factors Affecting "unclean" Audit Opinion In Listed Company

As China's capital market development, the role of CPA increasingly a registered accountant to say "no" situation more and more, "unclean" audit opinion on the statements of the audited entity indicates,there may be a major mistake reported with the fraud, therefore, the "unclean" audit opinions of analysis has practical significance.This article, first on the basis of theoretical analysis of principal-agent theory and the type of audit opinion, based on the hypothesis put five forward; Then use A-share listed companies in 2007 and 2008, two years of data from 356 companies as samples, using publicly available data on listed companies, using logistic regression method from the demand side of the audit market, audit the supply side and CPA empirical research the influencing factors of "unclean" audit opinion.The results show that the listed companies use audit fees to buy audit opinion may be reduced, and the more experienced CPA are better to be found errors of the listed companies; CPA should be pay more attention to the company there are poor viability and have major financial risks. Finally, according to the results of empirical research, combined with China's current market environment, this paper presents a number of policy recommendations.