Based on the context of audit standards reform,this study uses A-share listed companies from 2017 to 2021 as a sample to empirically examine the impact of loc-al auditors on the disclosure of key audit matters(KAMs)from the perspective of auditor-client geographical relationships.The findings reveal that,compared to non-local audit-ors,local auditors significantly reduce the disclosure of KAMs.Further research shows that local auditors significantly reduce the disclosure of account-level and tabular-form KAMs,as well as the issuance of conclusive evaluations within KAMs,while the textual similarity of KAMs significantly increases.Additional analysis indicates that the length of audit service and competition in the audit market exacerbate the reduction in KAM dis-closures by local auditors.However,a strong regional legal environment can inhibit this reduction.Moreover,when local auditors disclose fewer KAMs,the degree of earnings management by listed companies significantly increases.This study enriches the research on factors influencing KAM disclosures and provides valuable references for further im-proving audit standards.
关键词
地缘关系/关键审计事项披露/本地审计师/非正式制度
Key words
geopolitical relationships/disclosure of key audit matters(KAMs)/local auditors/informal institution
维普
万方数据