Research On The Contagion Effect Of Low Audit Quality In Audit Firms From The Perspective Of Auditor Mobilit

In recent years,with the rapid development of my country’s market economy,the domestic capital market has put forward higher requirements for the quality of financial information.However,there are still irregularities in the practice of auditors,and corporate financial fraud incidents are frequently exposed,which seriously affects the social trust of accounting firms.Among the many firms punished by the China Securities Regulatory Commission,Ruihua Law Firm has attracted people’s attention with more and more frequent punishments,and the reason behind this has attracted widespread attention.Since the Enron incident,scholars have shifted the research perspective of audit quality from the case analysis of a single audit failure to the analysis of the overall audit quality of the firm.There is a contagion effect of audit quality,which makes audit failures appear to be concentrated at different levels.In addition,in my country’s huge network of accounting firms,auditors may not always practice in a certain firm,but will flow from one firm to another for various reasons,and in such auditors’ mobility,In the process,there is often a certain group behavior.At present,the research on the contagion effect of low audit quality focuses on the overall and branch level of accounting firms,and most of them are purely empirical analysis.At the same time,the research on the flow of signing accountants also mainly focuses on the change of customers with the flow of signing accountants.The relationship between audit quality is not integrated.This paper turns the research perspective to the perspective of the flow of auditors.Taking the typical case of Ruihua Certified Public Accountants as the starting point,it distinguishes some auditor groups within Ruihua,and traces the source of the auditors to Ruihua Certified Public Accountants.Shenzhen Pengcheng,through the comparative analysis of the audit quality before and after the inflow of a single tainted auditor and a low-quality audit team,judged that there is a contagion effect of low audit quality within Ruihua Certified Public Accountants,and analyzed the resulting low audit quality on this basis.The reasons for the contagion effect,and then put forward suggestions for reference.