Accounting Firm's Forensic Accounting Experience and Acceptance of Appraisal Opinions
Accounting firms in China are actively engaging in forensic accounting services,but their lack of experience poses a serious challenge for providing such services.Based on the trial document data of partnership agreement dispute litigation cases,this study empirically demonstrates that the forensic experience of accounting firms significantly enhances the likelihood of their opinions being accepted.Mechanism examination reveals that the forensic experience of accounting firms improves the quality of forensic accounting services and thus reduces the risk of objections to the forensic opinions by involved parties.Further research indicates that the positive impact of forensic experience on opinion credibility is significantly greater in regions with stringent evidence enforcement,in complex cases,and when forensic experts must appear in court.Subsequent tracking shows that richer forensic experience in accounting firms reduces the likelihood of cases proceeding to appeal or retrial over forensic opinion acceptance issues.Additionally,the audit experience of accounting firms does not significantly affect the positive impact of forensic experience.This paper extends the research on functions of the certified public accountant sector to the realm of judicial litigation,and the research conclusions are valuable for enhancing the accounting appraisal business within the current market access framework.
accounting firm's experienceaccounting appraisalquality of CPA practiceevidence adoption
万方数据
维普
