事务所任期与审计质量──来自中国A股市场的经验数据

Firm Tenure and Audit Quality──Empirical Evidence from the Chinese A-shares Market

以中国2003年-2005年期间获得标准无保留审计意见的A股上市公司为研究样本,采用经过一定调整后的截面Jones模型估计出的公司操纵性应计利润(盈余管理)的绝对值作为审计质量的衡量指标,考察了事务所任期与审计质量之间的关系。研究发现,在某些情况下,事务所任期与公司操纵性应计利润的绝对值显著负相关,即事务所任期的延长并没有损害审计质量。

By using the data of those listed firms that received clean audit opinions during 2003 to 2005 in the Chinese A-shares Market and measuring audit quality by the absolute of discretionary accruals calculated by the Cross-sectional Jones Model,this paper investigates the relationship between audit tenure and audit quality. It is found that in some condition , auditor firm tenure is negative to the absolute of discretionary accruals which implies that the extending of the tenure doesn’t undermine audit quality.