An Empirical Research On The Relationship Between The Busy Degree Of Accountant Office And Audit Quality

From the general regulation of the market economy,it can be seen that the existence of serious information asymmetry between enterprises is one of the main reasons leading to the current excess capacity.With the deepening of economical reforming,accounting firms as a bridge between government and enterprises for trading,it can be said that the role of market stability and healthy development can not be ignored.“The notice about the main board listed companies in 2012 implementing the system of internal control practices in batches ”promulgated in 2012 and pointed out that the implementation of enterprise internal control audit based on classification for China's main board listed companies from 2012.Therefore,the accounting firm not only need to provide audit report on financial statements for business,but also to provide internal control audit report.Will a sudden increase in workload affect the quality of the audit ? This question remains to be studied.Based on this,this paper mainly studies the relationship between the busy degree of the accounting firm and the quality of audit.At the same time,the business complexity of the audited entity is used as a moderator variable to verify the influence of the moderator variable on the above relationship.It is found that foreign scholars' studies are mainly based on the perspective of compuls orily changing the audit partner in the period of Sarbanes-Oxley(Karen Lai,2016;John Good win,2016).By sorting research literatures at home and aboard about the relationship between busyness and audit quality,the existing research on relationship between busyness and audit q uality is mainly based on the perspective of signed auditor from the perspective of the researc h situation of domestic scholars(Han Weifang,2016;Zhang Xiali,2016).While academic res earch about the relation between public accounting firms and audit quality is rich,but most of them are some of the characteristics in view of the firm or client.There is no research about th e relationship between busy degree of accounting firms and audit quality from the time being.Due to a sudden increase in the workload of the audit in 2012,it provides a good opportunity and perspective for the research of this paper.In this paper,we selected 2083 A-share listed companies in 2012 as a sample,and selected the data form 2013 to 2015 as a control group.Based on the principal-agent theory and information asymmetry theory,with the audit quality(OP)for be explained variable and the certified public accountants of the busy degree(LBPAR)as the explained variable,hasestablished the accounting firm busy degree impact on audit quality of multivariate regression model,use the empirical method test of the relationship between the two.Then,this paper uses two methods to measure the business complexity of the audited entity(TADUM,CURDUM),and use it as a regulatory variable to establish a model for regression analysis.The results show that: 1.There is a negative correlation between the busy degree of the accounting firm and the audit quality,and the relationship exists only in compulsory require disclosure of internal control audit report early.2.The financial characteristics of the company are important factors affecting the quality of audit,the higher the complexity of the audit business,the greater the risk of audit failure.So we should enhance the negative correlation between the two.Finally,according to the research results of this paper,the relevant research suggestions and research prospects are put forward.