Research On Establishment And Application Of Intellectual Capital Evaluation System In China's Accounting Firms

With the rapid development of information technology and increasingly fierce competition due to economic globalization, human society in the 21st century has entered into a knowledge-driven era. As the labor-intensive, resource-intensive and energy-intensive era becomes obsolescent, we are turning into the page of knowledge-intensive era. Knowledge economy inevitably accompanied by the importance attached to knowledge management or to intellectual capital management of enterprises, especially knowledge-based enterprises. The identification of intellectual capital indicators that influence the development of enterprises and the construction of the appropriate intellectual capital evaluation system would be conducive to intellectual capital management.Accounting firms are typical knowledge-intensive enterprises, the foundation of which includes the possession of a large number of professionals with advanced knowledge and skills who are the most valuable intangible resources in firms, a solid capital structure and extensive business relationships. Therefore, the author intends to excavate intellectual capital factors influencing the development of accounting firms through the research on the role intellectual capital plays in the development of accounting firms, to construct intellectual capital evaluation system in accounting firms and apply the system into practice, and to provide theoretical and practical basis for intellectual capital management and evaluation in accounting firms.The logic of this dissertation expounding the construction of intellectual capital evaluation system in accounting firms is as follows:This dissertation first introduces the intellectual capital theory, and the relationship between the development of accounting firms and intellectual capital as a related theoretical basis for further theoretical and empirical analysis; and then describes and analyzes the existing comprehensive evaluation system of accounting firms in China, conducts an qualitative analysis of the role intellectual capital plays in the development of the accounting firms, expounds the thesis from a theoretical perspective and accordingly establishes assumptions for the model evidenced by the following quantitative analysis via empirical research. The results indicate: (1) Intellectual capital has a significant positive effect on the development of accounting firms; (2) The elements of intellectual capital affect the development of accounting firms in different aspects; (3) The impact of different intellectual capital factors which influence accounting firms' development can be evaluated empirically. Finally, the evaluation system of intellectual capital in accounting firms based on empirical research is established and applied in 14 accounting firms in Shanghai.A research methodology combining theoretical and empirical analysis, and combining qualitative and quantitative analysis is adopted in the research. In the empirical study, data collection is achieved through survey, and final conclusions are based on the results of statistical methods, such as factor analysis and principal component analysis.The innovations of this dissertation are as follows:1,The integration of the intellectual capital theory and the development of accounting firms, and the combination of actual situation of the CPA in China in the analysis of influences of intellectual capital on the development of accounting firms.2,The research and excavation of 17 intellectual capital factors influencing the development of accounting firms. Set weights to all the 17 intellectual capital factors.3,The establishment of the intellectual capital evaluation system in accounting firms based on empirical research and the application of the system in 14 accounting firms in Shanghai. And then compare the results with the existing results.