Research On The Influence Factor Of The Internal Control Audit

With the acceleration development of internal control standard system construction, as an important part the internal control auditing is gradually implemented step by step. Theory research shows that the effective internal control can improve the efficiency of the audit, and high quality audit also can improve the effectiveness of internal control, the couple form a system which play an important role in order to ensure the quality of accounting information, internal control audit as the element that help this system further deepen, is also a new audit service, its pricing is reasonable or not will directly affect the quality of the internal control audit, and then influence the capital market economic order.2012, is the first year of China’s main board listed companies on a large scale were enforce the internal control audit, also the first year China’s listed companies mandatory disclosure of internal control auditing information (including the internal control audit fees, audit information, etc.). In this paper, based on Chinese motherboard A-share listed company internal control audit fee data of 2012,author empirically test the influence of customers’importance, auditor industry expertise and audit mode (internal control audit and financial reporting audit consolidation or alone) on internal audit fees. The study found that for certified public accountants,more important the customer is,lower the the internal control audit fee is; for listed companies, listed companies are more willing to pay higher internal control audit fees to auditors with expertise in industry; this article, however, found no significant relationship between audit mode and internal control audit fees to the empirical evidence.On one hand, this article helps further improve audit pricing theory from the perspective of internal control audit charge. On the other hand, based on the research on the internal control auditing fees’influence factors,the article not only helps stakeholders and regulators further understand and know internal control audit pricing mechanism and internal control auditing market, but also help provide regulators the theoretical foundation and empirical evidence to guide and regulate the internal control audit pricing.