强制更换会计师事务所对审计质量的影响——对企业更换中天勤等事务所的实证分析

中天勤、沈阳华伦等5家会计师事务所2001年未通过年检被取消执业资格,他们的原有客户不得不改聘其他会计师事务所.该事件为强制更换会计师事务所提供了研究背景.以非正常性应计利润(DA)来衡量审计质量发现,在强制更换会计师事务所以后,这些公司的非正常性应计利润不降反升.进一步分析的结果显示,在正DA组,后任会计师没有调低那些公司的非正常性应计利润;而在负DA组,这些公司的非正常性应计利润在更换会计师以后反而增加了.研究显示,在中国这样一个极度分散的审计市场中,强制更换会计师事务所并没有带来大家预期的效果.

The Effect of Mandatory Auditor Rotation: An Empirical Analysis of Clients' Change of Accounting Firms in Case of Zhongtianqin

In 2001,business licenses of five public certified accounting firms such as Zhongtianqin,Shenyanghualun were withdrawn. Their original clients had to hire other accountants. This event provides a unique quasi-experimental setting to study the implications of mandatory auditor rotation for public firms. Consistent with the extant literature on mandatory auditor rotation,this study hypothesize the selection of a new auditor can improve the audit quality. After an analysis of the discretionary accruals reporte...