| "The South Sea Events" events led to the Folk Audit and Certified Public Accountant professional. For more than one hundred years, auditors got the trust of the investors for error-detecting and disadvantages-peelling, and. the auditor career has been development. The auditor has won the reputation of "economic police". But if the auditor is not fair to complete the entrustment of the investors, or failed to control risk reasonably, leading to audit failure, they will also face with harsh punishment. In2001, Arthur Andersen, one of the world’s five big accounting firms declared bankruptcy, because of the accounting firm "safely affairs", a centuryold shop has collapsed. In2005, Ernst&Young has been prosecuted for not disclosing the Healthsouth Corporation’s adding$2.7billion profit. In2006, Deloitte Touche Tohmatsu has pay about S100million to a Japanese insurance company to reach a settlement because of the audit failure. In2007, The PWC has been prosecuted for the audit failure of the Tyco International CO.,LTD. Finally it has pay the compensation of$225million to reached a settlement.Recently,domestic auditors also started to face prosecution dilemma. Of what happened in2002"YinGuangXia" events pulled open domestic auditors firm liable to prosecution of the prelude.At the same time, the Supreme People’s Court(SPC) and an institute of Certified Public Accountants Agency of regulatory system is also in constant of establish and perfect.On December26,2002"the several provisions of the SPC on the trial of securities market for false statement civil damages cases arising’ committed by the the1261th conference of SPC. And on June4,2007, the supreme people’s court on the trial involving the CPA audit activities civil tort compensation in the case of some provisions by the supreme people’s court trial committee meeting through1428, the provisions on June15,2007promulgation. In this paper, the civil responsibility of the accounting firm has been expounded more detailed and specific.In2008, the global financial crisis outbreak all-around the world. This crisis not only caused a fatal blow in global financial markets, but also caused the new influence to audit market and the auditor litigation responsibility. There has a series of critical to auditor launched in profession and academic circles, of course, also have a large number of accounting firm into a nest of legal action spin.Consider these events, we find that litigation risk has become a essential factors for the auditor. In recent years, the phenomenon of Auditor Change are increased frequency. Thus, we think that:for more and more severe litigious environment in recent years, whether the potential litigation risk would influence the behavior of auditor change? And whether the changes of the external environment would influence the Auditor Change, and how it has operated? These are worthy of our attention and research problems.This paper will discuss the influence between litigation risk with the Auditor Change, with the background of the6.4issue provisions of the SPC in2007and the outbreak of the financial crisis in2008. The study found that the auditor litigation risk will cause auditor change, and as the litigation environment and external macro economic environment changes.the conclusion can help the social public, the listed company and external auditors, such as CSRC outside institutions, to better understand the auditor litigation risk and litigation risk to the behavior of the auditor change effect, and has important theoretical significance and practical significance.This article is divided into six chapters, the main content of the chapters summarized as follows:Chapter1:Introduction. This chapter introduces the background and the significance of this paper, and expounds the idea and research content, the author do choose the research methods and frame, and the expected research innovation.Chapter2:Literature review. This chapter is divided into two aspects of the related literature review, mainly including "auditor change related literature review", and "litigation risk to cause auditor change literature review of two, through to the previous literature review that led to the grasp of the existing research more comprehensive and accurate.Chapter3:Theoretical analysis and research assumptions. This chapter to auditor change through the related theory, litigation risk affects auditor change related theory, and our country’s whole legal environment and legal environment in the difference of the relevant theoretical analysis of the actual do, put forward two specific research hypotheses.Chapter4:Empirical study design. This chapter based on the sample selection and variable definition is discussed and explanation, and then using the factor analysis method to customer litigation risk measurement, and accordingly designed two Logistic model were put forward to the last chapter of the hypothesis is verified.Chapter5:The empirical results and analysis.In this chapter, we use the last chapter of the design model and method, first using the factor analysis method to customer litigation risk measurement, and then use SPSS18. In the sample data correlation between descriptive statistics, analysis and Logistic regression analysis and stabilization inspection, finally the results to the public and concrete analysis, the effectiveness of the proposed as the related hypothesis. Chapter6:Research conclusion, policy implications, research problems and future prospects. In this chapter we first according to above draws the conclusion that the study conclusion; Second, we all parties puts forward some policy Suggestions stakeholders; Once again, we in the study of lack of limitation and discussed, and reason analysis; Finally, we attempts to put forward the corresponding improving direction and the future prospect of research.Main conclusions in this thesis are as follows.First, the higher the company’s potential litigation risk, the greater the probabilities of auditor change.Second, to the high risk company, the probability of auditor change is much higher when the legal environment is severe. But the company whose risk is low is quite different.Third, the external macro economic environment changes, will not immediately obvious influence to the auditor change.The main innovation points in this thesis content two aspects as follows.First, we find a new aspect of the study of the auditor change.Second, based on previous studies, we realize a new method of the auditor change study.Third, provide a new reference to strengthen the risk awarness of CPA and to improve the supervision of audit industry. |
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