Research On Influence Of Internal Control Audit On The Voluntary Accounting Policy Changes

Accounting policy changes are one of important content of empirical accounting theory research. Domestic and overseas scholars research fruitfully surrounding this issue. While, researchers about the relationship of internal control audit and accounting policy changes are very little. Internal control audit can improve the quality of accounting information, and not reasonable accounting policy changes can make the accounting information quality worse. The author thinks that Research the internal control audit utility of inhibition voluntary accounting policy changes help inspection internal control auditing of the implementation of the effect, standard internal control auditing the disclosure of information, and can provide a basis for related policy making to a certain extent.Based on the above mentioned reasons, this paper introduced the selective false financial disclosure hypothesis firstly, analysis the cause of accounting policy change company , analysis enterprise internal control auditing change constraints at behavior of accounting policy changes from the motive of the signals perspectives; The sample companies with VACs during 1998-2002 in Shenzhen and Shanghai stock market are selected ,then the univariate test and ANOVA method by the matching paired are chosen, finally the empirical test is made on the sample about Internal control audit influence the voluntary accounting policy changes. Research results show that: (1) the internal control audit and voluntary accounting policy change is the negative correlation, but not statistically significant. (2) after eliminate samples of the purpose is to adapt to the environment changes of the accounting policy change, the sample whole hire internal control auditing baleful accounting changes lower.Finally, based on the theoretical analysis and empirical test results, puts forward three suggestions on china's regulatory layer respectively accounting supervision, strengthen information disclosure requirements and comprehensive enforcement within the scope of internal control Auditing .This paper is divided into six chapters, specific chapter of the research content and conclusion of the study are as follows: The first chapter is the introduction section, points out that the Research significance, train of thought and content framework, the paper mainly expounds the innovation points; The second chapter reviewed the literature, respectively in domestic and foreign scholars about internal control auditing and accounting policy change research achievements, for us to study the relationships of internal control audit and accounting policy change offer methods . The third chapter is the theoretical basis of voluntary accounting policy change. The fourth chapter based on the principal-agent theory, signal transmission theory, use economic theory analyzes the internal control audit influence voluntary accounting policy change, for Chapter 5 of empirical studies to make the foundation. Chapter 5 is an empirical test of internal control audit influence the voluntary accounting policy change, based on the theoretical analysis of the front of the hypothesis, and with the impact of the voluntary accounting policy change, along with other elements for empirical test; The last chapter was conclusions,policy recommendations and the limitation of the paper.Compared with the previous research,this paper the main innovation points mainly embodied in the following aspects: for the first time, from the important means of earnings management perspective (accounting policy change) research internal control auditing security role on the quality of accounting information . While, they just general inspection of internal control auditing if they can lower earnings management,improve the quality of surplus.Previous literature studied the relationship of accounting policy changes and earnings management,internal control auditing and earnings management , no further empirical test internal control audit the role of inhibit accounting change the earnings management.