异常审计收费与财务重述

Abnormal Audit Fees and Financial Restatements

现存文献都是就财务重述发生原因及其与随后审计收费变化的关系进行研究。文章则基于2007—2009年沪深A股上市公司的审计收费,研究异常审计收费对随后两年内财务重述的预测能力。结果发现:异常审计收费与随后两年内发生的财务重述行为之间没有显著的相关关系;财务重述只与短期财务业绩表现的好坏显著正相关,而与公司所选审计师的类型、在资本市场上的表现,以及内在融资需求等无显著相关性。这表明,在当前年报审计中,审计师过于关注短期财务业绩,而忽视公司市场业绩和潜在资金短缺风险等信息和因素,异常审计收费无法预测未来的财务重述,审计工作质量还有待进一步提高。

Much of the prior research into restatements have focused either on examining causal influences or identifying consequences attributable to restatements. This paper tests the predictive ability between abnormal audit fees and subsequent financial restatements based on the audlit fees of listed companies of Shanghai and Shenzhen A shares from 2007-2009. It finds that abnormal audit fees have no significant relation with financial statements are subsequently restated. Financial restatements are only have negatively associated with short-term financial performance,but no significant association with the others, for example abnormal audit fees and market performances and internal financing. This shows that auditors think excessively of short-term financial performance but less of companys＇ market performances and potential capital demand, etc. and abnormal audit fees can＇t forecast future financial restatements,and it is necessary for us to improve our quality of audit work.