The Effect Of The TZ Accounting Firm Reform From Limited Liability To Limited Liability Partnership On Audit Quality

For a long time, China's accounting firms are using general partnership or limited liability, in July 2010, China have issued many laws and regulations to require the large and medium-sized of accounting firms to change to limited liability partnership, and encourage small accounting firm to change the form of the general partnership. After comparing found limited liability partnership has more advantages than other forms of organization, because of the different organizational forms, firms and certified public accountants face the legal responsibility is also different, therefore affect audit quality. With the pace of state enforced execution, and the actual requirement of our accounting firm become bigger and stronger,certified public accountants have completed the task into the special ordinary partnership.Based on TZ international accounting firm as an example, the conversion of the organizational forms and audit quality in existing firm on the basis of literature research,mainly using the case analysis to TZ international in each data and index before and after the conversion of the qualitative analysis and quantitative analysis, the innovation is that of a single firm, case analysis, using De Angelo model of audit, the organization change impact on audit quality. De Angelo that audit quality audit model from two aspects: ability to find problems of certified public accountants and public accounting firms the ability to report problems. So this article on the ability of TZ international these two aspects of data collection and analysis work, ability to identify problems found in the certified public accountants, professional competence and appearing in the audit commitment has changed dramatically, played a beneficial effect in the improvement of audit quality; And from the audit independence and audit quality requirements, and audit environmental analysis, found the firm did not improve the ability to report problems. So according to the actual situation of TZ international, we put forward several proposals, the first thing to focus on strengthening the independence of the audit, the second to the risk guidance auditing truly putting into effect, at the same time to improve the firm's quality control system, strengthen supervision over in the whole process of the audit project, and to strengthen internal management. Other countries also want to through perfecting the legal system, build a good audit market environment.