Study On The Differences Of Audit Fee In China’s Listed Companies

At present, with the development of economic globalization and internationalization of accounting profession burgeoning, the development of Chinese CPA industry has entered a new historical stage, faced with new opportunities and challenges. To promote CPA firm to do bigger and stronger, is to guarantee healthy development of China’s socialism market economy, the smooth implementation of the11th five-year plan, realize the comprehensive construction well-off society strategic objective reality needs on construction industry. As an emerging audit market, the market share of the local accounting firms is relatively fragmented, and has not yet formed market position and brand reputation like the international accounting firm. In this situation, it is a subject worthy of study and discussion for the local accounting firms how to develop. As a concentrated expression of the development of Certified Public Accountants, the studys of audit fees has great significance.Firstly, audit fees related research literature are reviewed from the perspective of both foreign and domestic and then some basic theory are introduced from there aspects. First, this paper described the process of the emergence and development of Certified Public Accountants, and made a detailed review of the course of development of China’s audit market; second, this article described the decision-making mechanism of the audit fees from the audit requirements and audit costs; third, it introduced the background of the birth of the audit rent-seeking and its application. After the theoretical analysis, we explained the empirical research program, and then arranged for three chapters from three dimensions to our listed companies audit fee differences between empirical research and draw relevant conclusion of the study. The empirical results show that:regional factors listed companies in China audit fees have a significant impact, but the impact factors of the different regions of listed companies audit fees are basically the same; audit fees of listed companies in different industries have significant differences; Audit market in China, with some differences between individuals of different accounting firms, that is a significant difference between the four major international and local firms, but not a significant difference between the four major international and local top ten. For the conclusion of the study, the development of local firms related recommendations, such as to break the narrow concept of inter-provincial regional positioning, the firm’s development strategy to make rational regional positioning.