Auditing, Accounting Quality And Corporate Governance Research

The separation of owners and managers stimulated the agencyrelationship, accounting began to been pay attention to by person ofcorrelative benefits, and auditing can be means of guarantee in accountingquality. With decentralization of the stock ownership stimulated companyalso socialization more and more, the company was no longer to payattention to by the shareholders only, person of correlative benefits thebegan appear. The classic agency relationship mode began to display itsshortage, numerous financial fraudulent cases emergenced, makingpeople again started paying attention to relationship of accountingquality , auditing quality and corporate governance. This paper can't considers partition a ground of to treat accountingquality and auditing quality, they are an organic system, financial reportof high quality need auditing of high quality pledges. Accounting qualityis a target, auditing quality is a means. Increasing accounting quality hasa lot of method, such as emending accounting standards, increasingaccountants stuff etc..Auditing is can't increases directly accountingquanlity , auditing states objectively only the accounting whether matchcertain quality standards or not.So the authorities of intendance need notbe direct to surpervise accounting quality, but should make use of theindirect way. Authorities of intendance should strengthen externalgovernance, and surpervise directly auditing. Then accounting qualityshould be improved by internal governance ,and be appraised by auditing. According to Li wei an's theories , the corporate governance isdivided into the internal governance and the external governance. Theinternal governance will resolve a problem that is benefits how iscorresponded in company , its main path is that resolve the efficiencyproblem by the system be arranged . The internal governance is conditionof accounting quality, but not is an essential condition, because faultinesscorporate internal governance throw daylight on accounting quality whencan pledged by auditing in high quality . So the external auditing isessential condition for accounting quanlty; The corporate externalgovernance controlled company that is according to external factor andmeans ,such as competition ,combination,capital markets and so on ,andsupervised directly corporate external auditing . So this paper consider auditing quality is the core of this system.Authorities of intendance should supervise directly auditing quality , notsupervise directly accounting quality . Accounting quality should besupervised by external auditing . One the one hand saving cost ofintendance ,on the other hand, bring into play markets role sufficiency . This paper is divided into totally five chapter, chapter 1 puts forwardfor the problem. Expatiated mainly the definition of the auditing quality,accounting quality and relation of theirs in this chapter, and consideredthat the auditing is to take charge of a core aspect within system ofaccounting intendance. Chapter 2 is analysed why auditing and accounting quality ispoor .In this chapter main analysed reason form internal governance andexternal governance. Putting forward relation that the " commercialize"of auditing and auditing quality; Then putting forward auditingquality and accounting quality being poor why mainly is corporategovernance;eventually, considered accounting quality and audittingquality are a system, being placed in the different stage only.And thesystem is divided into three level. the first level is internal governancesupervise accounting quality ,the second level is external audittingappraise accounting quality, the third level is external governancesupervise external auditing. The third level is core. Content of chapter 3 is that relativity research about corporategovernance, accounting quality and auditting quality . Consideredinternal governance need accounting information of high quality ,accounting information of high quantity is a sill for internal governance.In other words , accounting is a tool for communication information onlyto authorities of m...