会计师事务所受监管部门处罚的因素分析——来自中国资本市场审计监管的经验证据

通过研究中国证监会的审计监管行为,文章发现客户质量和事务所专业性是影响会计师事务所是否受到证监会处罚的重要因素。事务所审计客户的平均盈利水平越高,应收账款的水平越低,事务所被证监会处罚的概率就越小。事务所业务的行业集中度越高,被证监会处罚的概率也越低。上述发现在剔除了四大会计师事务所之后仍然存在,而且不随变量度量方式的变化而改变,也不随证监会监管体制的变化而改变。

On Factors Affecting the Penalties of Audit Firms by Regulatory Authority:Evidence from Auditing Regulation of Capital Markets in China

By investigating auditing regulation behavior of China Securities Regulatory Commission(CSRC),this paper finds that the quality of clients and the expertise of audit firms are the important factors that affecting the penalties of audit firms by regulatory authority.Audit firms whose clients have higher average profitability and lower account receivables have less probability of penalties by CSRC.At the same time,audit firms with higher industry concentration are less likely to encounter the penalties by CSR...