A Positive Research Based On Audit Opinions Influenced By Corporate Governance

The ministry of finance issued a new "Chinese CPA auditing standards" in earlyNovember2010,this standards clearly requirements the CPA to understand the internalcontrol environment of the auditees.Corporate governance structure witch is the systemenvironment for the internal control system that restricts the effective operation of internalcontrol,so corporate governance will have an important impact on the CPA audit.Corporategovernance as the arrangement of control and management system of the company, itsperfect or not directly affect the healthy development of the listing corporation and thesecurities market, and its perfect degree related to the listing corporation accountinginformation quality.We know true and reliable accounting information is a prerequisite tocertified accountant audit opinions on the listing corporation, when the CPA audit opinionon the financial statements of listing corporation, they often focus on the quality of theaccounting information from listing corporation.Generally speaking, perfect corporategovernance mechanism represents a higher management level and lower the audit risk, sothe CPA on the corporate governance of listing corporation audit will often receivedunqualified audit opinion.From the above it, we can know that there is a great relationshipbetween the perfect corporate governance and the audit opinion.In view of this, this article selects2010-2012data of the stock companies listed on themain board of the Shenzhen Stock Exchange as the research object, using logisticregression method from the equity structure, the board of directors characteristics andcharacteristics of the board of supervisors to research the influence of risks on audit opinionof listed companies. The results of empirical study are that, after controlling the effects ofother factors, the first big shareholder shareholding and the audit committee havesignificantly positive correlation on standard audit opinions, the second largest shareholderand the tenth largest shareholders to the stake and the board meeting and the size of theboard of supervisors have significant negative correlation on standard audit opinion.Thegreater the likelihood of non-standard audit opinions. In addition, the higher the proportionof the first big shareholder holds instead get the higher the possibility of a standard auditopinion, and the bigger the size of the board of supervisors is standard and the higher the likelihood of audit opinion.