The Influence Of The Transformation Of Accounting Firms On Audit Pricing

China's Ministry of Finance and the State administration of industry and Commerce in July 2010 issued the "on the promotion of large and medium-sized accounting firms to adopt special General partnership Organization of the interim provisions"(referred to as accounting[2010]12),the requirements of large and medium-s:ized firms to special General Partnership organization.By the end of 2013,more than 40 securities qualified firms have completed the transformation process,marking the successful completion of a new reform of CPA industry in China.Based on accounting[2010]12 The situation that the organization of large and medium-sized accounting firm is changed from limited liability company to special Common Partnership system,this article explores the role of corporate legal risk in audit pricing before and after the transformation of the organization form of accounting firm.Based on the theory of risk premium theory,input-output theory and audit pricing,this paper chooses the listed companies of China's a-share market in 2009?2014 as samples,chooses the audit pricing as the explanatory variables,the organization form and legal risk of the accounting firm as explanatory variables,the long-term debt ratio,the asset return rate The total accrual level,accounting firm size,clean audit opinion,customer scale,ownership nature,company business complexity as control variables,the use of statistical software through the full sample and the transformation before the transformation period and after the transformation of the sample regression analysis,the results found that the accounting system after the transformation of audit pricing,The change of the firm has significant positive influence on the relationship between the customer lawsuit risk and the audit pricing,and the auditor is more sensitive to the legal risk of the enterprise in the pricing strategy.The research further enriches the related literatures of audit pricing,on the one hand,analyzes the influence of the organization form on the audit pricing from the angle of the legal risk of the enterprise.On the other hand,the author puts forward the possible explanation for the inconsistency of the existing literatures,that is,the transformation of the firm organization form needs the Change to audit pricing changes.This paper explores the impact path of the firm's transformation on audit pricing,and provides empirical evidence for industry supervisors and policymakers.