The Research On The Relations Of Accounting Firm Merger And Audit Fees

Since China accessed to the WTO. The Foreign capital enterprise continuously’came in’. The continuous developing of the economy make the enterprise scale expanding, The accounting firms services for them should grow. So far, There have been three large-scale merging of China’s audit market:First, it comes from restructuring in1999; Second, in2000, the charter firm which has the qualifications of securities business merger restructuring; Third, The merge since2007, much is support by the relevant policy, or driven by own interests.2007May, Chinese Association of Certified Public Accountants (hereinafter referred to as ’the CICPA’) release "on promoting the firm views of bigger and stronger". The opinion points out the direction for the future firm become bigger and stronger. October3,2009Office of the State Council transmitted the Ministry of Finance."Several opinions on accelerating the development of China’s CPA industry", Encourage firms to optimize and combination, Merger and reorganization, Powerful alliances In order to promote the industry development by leaps and bounds. September4,2011, CICPA issued "China CPA industry development planning (2011-2015)".Point out clearly, during the12th Five Year Plan Industry average annual growth should remain at about15%, the whole industry to achieve business income goal of growing up doubling; breed about10large firms with international standards. Except the international cooperation, at least3more firms enter the top20of the world. The policy support to promote the development of firm scale, to clear the barrier of the combine of the firms. In the background of the tide of merger, research if it really improve the audit fee by firms merge, to analysis the firms merge can reflect the effect called’bigger and stronger’or not. These problems have gradually become a topic of common concern in the theoretical and practical circles.In this study, on the basis of domestic and foreign internal control merger accounting firms and audit fees is reviewed and summarized, focus on the combination of accounting firms audit fees before and after as the breakthrough point. Use for reference the classical results merger of CPA firms and audit fees, Introduce the theory of economy of scale, special theory of assets, the market supply and demand theory, Efficiency theory, game theory as the support of the full theoretical. Elaborated the current situation of the merge of public accountant firms and the problems existing, and analysis the causes, through the relevant data collecting, analysis the effects of merger of accounting firms on audit fees from a side. Under the background, Use the accounting firm as the research object that combined in2009. Select the audit in the years2007-2012listing Corporation as research sample, expounded and proved the obvious positive correlation between accounting firms and audit fees, by Put forward a hypothesis, Selection of variables, To establish the model and analysis. On this basis in the light of the problem in the third part, come up with the relevant countermeasures from macroscopic and microscopic view. Hoping to leave helpful ways for the accounting firm to develop in the direction of scale.