| In2010, the ministry of finance issued the provisional rule about promoting the large and medium-sized accounting firms to adopt the special ordinary partnership. By the end of2011, BDO, Crowe Horwath, RSM and PAN-China have adopted the special ordinary partnership. Compared with the LLC and the general partnership, special ordinary partnership has obvious advantages. The special ordinary partnership can retain the essence of partnership culture and achieve the moderate separation about the law responsibility of partners, being conducive to improve the firm’s professional quality and risk prevention capabilities. At the same time, special ordinary partnership is conducive to the development of our country accounting firm. Special ordinary partnership has become the major development trend of the organization for our country accounting firm.Under the background of conversion of organizational forms, this paper studies the effect of special ordinary partnership firm on auditor reputation and auditor choice. As a result of our research, the department can understand the effect about the policy.This paper reviews the relevant theories and the evolution about the organizational forms of accounting firm in major countries. This paper introduces the meaning and characteristics of the organizational forms and points out that the special ordinary partnership form is the development trend of the organization forms for our accounting firms. Based on the conversion of organizational forms, this paper puts forward research hypothesis. The four conversion firms are treated as treatment group and the six non-conversion firms are treated as control group. DID model is established for the comparison and analysis of the overall audit quality before and after the conversion, using the data of main board a-share listed companies in2009and2011.Logistic model is established to analyze the influence of auditor choice in2011,using the data of main board a-share listed companies in2009and2011.The result shows that:when the accounting firms have adopted the special ordinary partnership, the overall audit quality can be improved, achieving a high reputation. But this effect is not significant. When the accounting firms have adopted the special ordinary partnership, customers will be more willing to choose them as the auditor for their annual report. |
