The Relevance Between Internal Control And The Quality Of Accounting Information

Accounting information as the most visible expression of all kinds of economic activities, plays a very important role in the development of economic. It also influences the benefit of stakeholders.However, it is an undoubted fact that the quality of accounting information is not satisfied in domestic.Due to the false accounting information,the quality of accounting report is hardly damaged.It not only damages the interest of stockholders but also makes the market can’t optimize the allocation of resources.To the end,the market can’t develop healthily.Now,the internal control is considered as an important method to improve the quality of accounting information.It’s a hot topic about how to establish and perfect the internal control in order to improve the quality of accounting information.Firstly, the paper defines the definition of internal control and the quality of the accounting information in order to look for the theoretical support for empirical research. Secondly, the internal control model of comprehensive evaluation index is created to measure the enterprise’s implementation of internal control effect. The type of audit opinion as an alternative indicator is used to measure the quality of listed companies’ financial information. The paper analyses the relationship between the two through Logistic regression;Thirdly, in order to improve the degree of the internal control system to the quality of accounting information, put forward relevant advice with China’s reality for internal control system construction.The main research contributions of this article is a systematic review of the relationship between the internal control and the quality of accounting information.lt analyzes how the components of internal control influence the quality of accounting information. In the part of empirical analysis, the type of audit opinion as an alternative indicator is used to measure the quality of listed companies’ financial information. This method is more critical.It’s more operable by selecting 17 specific indicators to rate for the implementation of internal control.This study will help listed companies to improve internal controls, improve the quality of financial information, and promote the healthy development of capital markets.