Research On The Influence Of The Effectiveness Of Internal Control On Auditing Quality Of Financial Statements

Many diathesis that impact audit quality of financial statements,like the accounting firm,the auditees and social environment.The impactful implementation of the internal control,can reduce the profits manoeuvre management,heighten the reliability of accounting information,supply the public with trustworthy financial reporting.In the current risk-oriented audit pattern,when the auditing officers audit the corporate financial statements,the effectiveness of internal control as momentous inner financial info,will play an important impact on audit judgment,forensics,and affect the quality of the audit.The study is based upon the backdrop of research and the aim and significance of the study as initial point.Analyzing the correlative academic spheres both here and abroad.The study explicates the fundamental theory of the effectiveness of the internal control and audit quality of financial statements.The study mainly accounts the effectiveness of internal control on auditing quality of financial statements.By using the information disclosure of internal control database index of di Po to measure the effectiveness of internal control and also as substitution variables of the effectiveness of internal control,by using the maneuverability accrued profit as substitutable variables of audit quality.Taking the audit quality as the dependent variable,the effectiveness of internal control as the independent variable to set up multiple linear regression model.Taking the corporate scale,the net interest rate of the general assets,asset-liability ratio,management standard,complexity of the business,equity concentration and the condition of loss as the control variables.Using the datas of Shanghai and Shenzhen of a-share quoted companies from 2013 to 2015 as samples to research.Results reveal that the higher audit quality,the more effectiveness of internal control consistent and more correlative with the hypothesis of the paper.Audit of certified public accountants can bestow efficacious information of internal control,enhance the quality of audit.Ultimatly,on the base of the results of the study,the paper presents correlative countermeasures and proposals from both the macroscopic and microscopic two aspects.The macro aspect put forward to intensify the supervision of internal control to guarantee the effectiveness of internal control,clear and difinite the chief responsibility of the relevant legal entities and clear the relevant legal responsibility to perfect the evaluation method of effectiveness of internal control;The micro aspect put forward to that listed companies should attach importance to internal management of the enterprise,establish a public information disclosure system of internal control,establish a mature supervisory mechanism of the effectiveness of internal control.