公司风险与审计定价:兼论审计时滞的中介效应和审计任期的调节作用

Corporate Risks and Audit Pricing:Discussion of Mediating Role of Audit Lag andof Regulating Role of Audit Tenure

在风险导向审计模式下,审计师需充分识别、评估和判断影响公司经济活动的各种风险并作出应对。以2016-2018年我国A股上市公司为研究对象,本文从财务风险、经营风险、治理风险、控制风险、诉讼违约风险等五个方面构建风险评估模型,并实证检验了公司风险对审计定价的影响。研究表明:当被审计公司有更高的风险水平时,审计师会提高审计定价,上述结论在非国有控股公司中更为明显。进一步分析发现,在公司风险影响审计定价的过程中,审计时滞具有部分中介效应。审计任期对公司风险与审计定价之间的关系具有调节作用。

With the risk-oriented auditing approach, the auditors need to fully identify, evaluate, judge and address various risks that impact the business activities of the audited entities. With the A-share listed companies in China from 2016 to 2018 as the research subject,this article constructs a risk assessment model covering five factors, namely the financial risk, the operation risk,the governance risk, the control risk and the litigation and default risk. It then empirically examines the impacts of corporate risks on audit pricing.It finds that when there is a high risk level with the audited entities, the auditor will increase the audit pricing, which is much more obvious in non-state-owned holding companies.Further analysis shows that for the impacts of corporate risks on arudit pricing,audit lag plays a mediating effect to a cetain extent and audit tenure also plays a regulating role.