The Measured Research On The Internal Control Audit Quality Of Listed Companies

With the sustained development of market economy, the auditing service plays amore and more important role to maintain the development of capital market healthyand stable. However, in recent years, a series of financial fraud happened at home andabroad, and related auditing failure cases made the social public lose confidence toaccounting firms again and again. Therefore, the internal control audit servicehighlighted the importance of the existence, and it got unprecedented attention by allover the world. All government regulators also more and more focus on corporate fraud,the demand of the investors and other users of the report to the company to disclose theinternal control audit reports is higher and higher. And for the quality of the internalcontrol audit concerns the survival of accounting firms and certified public accountants,and significant influences on the behavior of investors and other stakeholders,determines the market resources can be properly configured, and is related to the normaloperation of the entire capital market. Therefore, the quality problem of the internalcontrol audit that provided by the accounting firms has become an urgent problem thatneed to pay attention to and resolve.Previous scholars have focused on the study of audit quality, due to the internalcontrol audit in China starts late, the domestic scholars for the research of the internalcontrol audit quality is not much, and mostly focused on the countermeasures that howto improve the quality. This article try to analysis from the perspective of the influencefactors of internal control audit quality, based on the theoretical framework ofDeAngelo model of audit, from three aspects analyze the internal control audit quality.The three aspects are the internal control audit subject factor, the internal control auditobject factor and government regulation factor. First of all, combined with the currentsituation of research of scholars at home and abroad, this paper d iscusses the meaningof audit quality and internal control audit quality; Secondly, three influence factors ofinternal control audit quality conducted a more detailed analysis; Then, based on theanalysis of the influence factors to construct the index system of the internal controlaudit quality, and utilize the fuzzy evaluation method to determine the weight of eachquality index, thus establish the measure model of the internal control audit quality;Finally, combined with the case analysis, through to actual investigation on the currentsituation of internal control audit quality of listed companies in China, introduce three typical companies listed on the Shenzhen Stock Exchange, apply the establishedmeasure model to the various companies, calculate for each company’s quality of theinternal control audit, and compare with the results to test the results whether accordwith the actual situation.Through the establishment of a set of scientific and reasonable quality measuremodel, not only can make the internal control audit work of certified public accountantsrules-based, and conducive to government departments for better supervision of theinternal control audit services, can also make related researchers to conduct moreeffective research on internal control audit. There is no doubt that improving the qualityof internal control audit and specifying the development of internal control audit in ourcountry is imperative in the development of Chinese capital market, this would requirethe participation and effort of all certified public accountants, the listed companiesthemselves, government regulators and information users.