客户管理与无保留审计意见质量
Client Management and the Quality of Unqualified Audit Opinion:Based on the Perspective of Client Importance Management
吴秋生 1李喆赞 1刘垣钰1
作者信息
摘要
新《证券法》突出了无保留意见的重要性,审计师如何管理好客户重要性才能有效保证无保留意见质量?以2009-2022年沪深A股上市公司数据,基于客户重要性视角研究客户管理对无保留审计意见质量的影响,以及新《证券法》实施的调节作用.研究结果表明,客户重要性管理越宽松,无保留审计意见质量越低.经过替换客户重要性和无保留审计意见质量的代理变量以及内生性检验等稳健性检验,研究结论不变.新《证券法》实施强化了这种关系.进一步研究发现应计盈余管理具有部分中介效应,规模较小的事务所和非国企中管理客户重要性宽松程度与无保留审计意见激进度正相关更显著.研究结论表明,新《证券法》实施后,审计师特别是规模较小的审计师,要保证无保留意见质量,必须严格控制客户特别是非国企客户的重要性,避免过度经济依赖.
Abstract
The new Securities Law highlights the importance of unqualified opinions.How can auditors manage clients to effectively guarantee the quality of unqualified opinions?Based on the data of Shanghai and Shenzhen A-share listed companies from 2009 to 2022,this article studies the impacts of client management on the quality of unqualified audit opinions as well as the moderating effect of the implementation of the new Securities Law from the perspective of client importance.The results show that the more relaxed the management of client importance,the lower the quality of unqualified audit opinion.After replacing proxy variables such as client importance and quality of unqualified audit opinion as well as conducting endogeneity tests and other robustness tests,the results remained unchanged.The implementation of the new Securities Law has strengthened this relationship.Further research shows that accrual earnings management has a mediating effect,and the degree of looseness of client importance management in smaller audit firms and non-state-owned enterprises is more significantly positively correlated with the degree of radicalization of unqualified audit opinions.The research conclusion shows that after the implementation of the new Securities Law,audit firms,especially smaller firms,must strictly control the importance of clients,especially non-state-owned clients,to ensure the quality of unqualified opinions and avoid excessive economic dependence.
关键词
客户重要性管理/无保留审计意见质量/新《证券法》实施/应计盈余管理引用本文复制引用
基金项目
国家自然科学基金面上项目(71872105)
国家自然科学基金青年基金(72102132)
国家自然科学基金青年基金(72202126)
出版年
2024
NETL
NSTL
万方数据