Research On The Relevance Between Audit Pricing And Accounting Informatization In Construction Industry

Construction enterprises are striving to improve their information management level and the development level of accounting information.The state has put forward policy support many times.While changing the application mode of accounting information construction,construction enterprises are facing greater challenges and changes in the traditional audit work.Due to the development of construction enterprise management toward big data,the external environment of audit,audit technology and methods have also changed to a certain extent,which makes the factors affecting audit service prices of accounting firms have changed.Nowadays,there are few studies on the correlation between audit pricing and the degree of accounting informationization of construction enterprises at home and abroad.This paper studies how the degree of accounting informationization of construction enterprises affects audit pricing,in order to formulate reasonable audit service prices and play the role of audit has become a topic of concern.This paper discusses that audit risk and audit cost are two factors that affect audit pricing,and expounds the principal-agent theory,stakeholder theory,information asymmetry theory and core competence theory,and how these four theories affect audit cost and audit risk and then affect audit pricing.According to the business characteristics of construction enterprises,the evaluation system of accounting informatization degree of construction listed companies is constructed.The annual reports of 69 construction listed companies from 2015 to 2017 are collated and analyzed,and the evaluation scores of accounting informatization degree of 207 samples are calculated.By reviewing the previous literature,this paper puts forward the hypothesis that audit pricing is negatively correlated with the degree of accounting informationization of construction enterprises or inverted U-shaped,and constructs a multiple regression model between Accounting Informationization and audit pricing of construction enterprises.In this paper,the evaluation scores of accounting informatization degree of construction listed companies collected from 2015 to 2017 are taken as independent variables,and the empirical research is carried out by using multiple regression model.The results show that the correlation between audit pricing and accounting informationization of construction enterprises is inverted U-shaped,which has been verified.Through the analysis of audit pricing and accounting informationization of 69 listed construction enterprises,it shows that the accounting informationization of construction enterprises is at a medium level,and there is still room for improvement.At the same time,audit pricing of accounting firms is also on the rise.Annual rise,so it is in the first half of inverted U-shaped,has not yet reached the peak.Based on the empirical results,this paper puts forward that the relevant departments of the state should implement the policy of developing accounting information of construction enterprises from the level of laws and regulations,that construction enterprises should pay attention to the construction of accounting information to reduce audit risk,that accounting firms should strengthen their business ability to obtain premium income,and that supervision departments should strengthen legal construction to prevent loopholes in the legal system.The degree of interest adaptation to the needs of audit business and the internationalization of construction enterprises.