The Effect Of The Accounting Firm Reform On The Audit Quality Research

CPA firms and listed companies are "conspiracy" in China, and CPA firms are take part in the financial fraud of listed companies and providing false audit report quite often. In order to improve the audit quality of CPA firm, China’s financial department issued’Temporary provisions about driving large and medium-sized accounting firms with special ordinary partnership organization forms " in 2010. The file content is mainly requirements that the large public accounting firm to be a special ordinary partnership before December 31,2010, as for medium-sized public accounting firm is encouraging its at December 31, 2011 for conversion.Our country CPA firm is different from the conversion of the foreign free transfers, and the provision is the government mandatory behavior essentially, national Treasury in order to improve the audit quality of CPA firm, released the related legal policy, and continuously developing.National mandatory certified public accountants of the conversion of the policy implementation has been five years now, the purpose of this paper is to explore whether our country’s certified public accountants audit quality before and after the conversion of the improved, and improving after the conversion of the firm’s audit quality if again there is a certain asynchronism.In terms of theoretical analysis, this paper the influence factors of audit quality, audit quality measure and certified public accountants organization form and the relationship of the three aspects of audit quality, the comprehensive elaborated the related research literature at home and abroad.Through the reputation theory, risk management theory and the analysis of the "deep pocket" theory to explain the accounting firm is the conversion of the how to affect audit quality.Then based on the government promulgated in 2010 about the firm system background, the conversion of the characteristics of firms before and after several years of audit quality of the conversion of the change were compared for points and expounds the related reasons for such changes, from the following three aspects, respectively is the securities and futures commission in the administrative punishment of accountant architect firm, note association of certified public accountants professional quality check and certified public accountants issued by the auditing opinions of the auditees.In empirical research, in this paper, by 2012 all 12 of the certified public accountants audit by the conversion of the a-share listed companies as research samples, selected in 2008-2014 financial data of listed companies, in order to measure the results of the audit quality more reliable, select the audit opinion type and handling accrued profits as A measure of audit quality certified public accountants is the conversion of the substitution variables to research whether effect and its influence on audit quality has no synchronization problems. Articles of the empirical study results show that the surplus management measure of audit quality in firm has significantly increased, the conversion of but audit quality measured by the audit opinion in the firm, no significant change before and after the conversion of the firms in the second year of the conversion of the significantly improved to a certain extent, reflects the firm for the conversion of the impact of audit quality has certain asynchronism.