An Empirical Analysis Of The Relationship Between Corporate Governance、CPA Audit And Earnings Quality

Earnings quality is an important factor in the evaluation of corporate value and focus ofbusiness owners, creditors, government and the public and other stakeholders concerned,however, in recent years, accounting scandals happened one after another, due to the listedcompany’s financial fraud and CPA audit failures, such as a " silver mansions " and " Enron "event, the bankruptcy of these well-known listed companies made corporate governance and thelevel of CPA audit again highlighted. Governance provider of financial statements is a key factorin ensuring the quality of earnings, the audit report is to determine the reliable guarantee ofstakeholders outside the company ’s earnings quality, both jointly affect earnings quality oflisted companies, with good corporate governance for the CPA audit provides reliable auditconditions, high levels of CPA audit is an effective factor in promoting sound corporategovernance. Existing literature mostly research corporate governance or CPA audit and earningsquality relationship, without considering the interaction affection of corporate governance andAuditing on earnings quality.this article combined corporate governance and CPA audit levelcreatively, from a more comprehensive perspective of earnings quality factors, and strive tomake reasonably accurate stakeholders to determine the level of earnings quality, providing atheoretical basis for governance, improve the quality and improving earnings of listedcompanies CPA audit standards.The first part of this paper describes in detail the background, meaning, content andmethods of the paper, followed by analysis of the research status of corporate governance, CPAaudit quality and earnings levels and the relationship between the two. The second part is relatedtheoretical basis,describing the definition of earnings quality、corporate governance, accountingand CPA level, analyzes the influencing factors of each variable; the third part is the studydesign, sample and data sources, the variable definitions, model specification introduced; thefourth part is corporate governance, CPA audit levels and earnings quality empirical analysis ofthe relationship, researching empirically the joint impact of corporate governance, CPA audit onearnings quality using regression model and robustness of the results of the test article; Finally,The fifth part is the article conclusions and suggestions.