Internal Control Audit On The Quality Of Accounting Information

In order to avoid similar to Enron, WorldCom and other financial infonnation distortion and major accounting fraud cases from happening again, the U.S. Congress in2002enacted the Sarbanes-Oxley Act in order to strengthen the supervision and internal control of listed companies, which clearly provisions listed in the U.S., the company’s management to regularly disclose internal control evaluation reports, and to hire independent external auditors to conduct internal control audits. Other countries have also revised the regulations of their relevant internal control regulation. In China, the start of the study of the internal control and internal control audit is late, but in recent years, the continuous introduction of relevant norms, guidelines for Chinese enterprises to carry out internal control audit to provide reasonable protection and basis.Sign this, we have chosen the2008-2010China’s Shanghai Stock Exchange A-share listed company’s internal control self-evaluation reports and internal control audit report disclosure as a research object, the internal control of listed companies self-evaluation report and internal control audit report disclosure the impact of the company’s accounting information quality. Information Disclosure of Listed Companies’ internal control, to improve the quality of disclosure of accounting information, accounting information free of material misstatement and distortion of accounting information, fundamental to curb and to promote the healthy development of capital markets provide a reference.The internal control audit and accounting infonnation quality definition, and cited in this article based on the basic theory; followed by analysis of the internal control disclosure of information theory, the relationship between the internal control audit and the quality of accounting information for the paper assume that provide a theoretical basis; research hypotheses based on theoretical analysis and then to build the regression model, and for the models were tested, the empirical analysis of internal control self-assessment and internal control audit on the quality of accounting information. Through theoretical analysis and empirical analysis in this paper the following conclusions:After the higher quality of accounting information disclosed by the companies of the internal control audit, in the case without the internal control audit, internal control does not exist between the quality of information disclosure and accounting information significant correlation; to conclude the constructive policy proposals, and pointed out the limitations of this article, future research direction.