進階搜尋


下載電子全文  
系統識別號 U0026-0107201920062700
論文名稱(中文) 主簽會計師特性對低審計品質傳染效果之影響—以台灣為例
論文名稱(英文) The Association between the Contagion Effect of Low-quality Audits and Lead Auditors’ Characteristics-Evidence from Taiwan
校院名稱 成功大學
系所名稱(中) 會計學系
系所名稱(英) Department of Accountancy
學年度 107
學期 2
出版年 108
研究生(中文) 楊弼琄
研究生(英文) Bi-Shiuan Yang
學號 R16064075
學位類別 碩士
語文別 中文
論文頁數 44頁
口試委員 口試委員-黃華瑋
口試委員-周庭楷
指導教授-謝喻婷
中文關鍵字 產業專精  查核經驗  審計品質傳染效果  會計師層級 
英文關鍵字 industry specialization  audit experience  contagion effect of low-quality audits  audit-partner level 
學科別分類
中文摘要 本研究探討主簽會計師特性與低審計品質傳染效果之關聯,主簽會計師實質上為負責與客戶接觸並執行業務者,主簽會計師針對不同狀況的公司,會依其專業判斷規劃查核工作與出具查核報告。當主簽會計師之查核經驗為中期者,因為從過往經驗中學習查核相關之知識且投入查核工作之努力程度較大,其查核報告之審計品質較佳,使得低審計品質之傳染效果較小;而主簽會計師之產業專精程度較高者,因為具有產業知識且為了保持良好之聲譽、維護客戶關係及建立投資人信心,其查核報告審計品質會維持一定水準,進而降低其自身審計失敗之傳染效果。

台灣查核報告須揭露會計師姓名,因此本研究以台灣2003年至2015年由四大會計師事務所查核之上市櫃公司為樣本,實證結果顯示主簽會計師若為查核經驗中期者或產業專精程度較高者,相較於其他情況而言,較能抑制低審計品質傳染效果。
英文摘要 This study examines the relation between the audit failure of lead auditors and his/her own characteristics. With the work experience of auditing, the lead auditors will learn a lot of knowledge, so they become moderately experienced or advance to be industry specialists. Thus, if the company is audited by these lead auditors, the audit quality of auditor report is high, and the contagion of low-quality audits is lower.

I employ the sample of Taiwanese listed companies audited by Big 4 audit firms from 2003 to 2015. The results show that if lead auditors are moderately-experienced or have industry expertise, they can reduce the contagion effect of low-quality audits.
論文目次 目錄
第一章 緒論 1
第二章 文獻回顧 3
第一節 台灣審計市場 3
第二節 查核經驗 4
第三節 產業專家 5
第四節 審計失敗與審計失敗的傳染效果 6
第三章 假說建立 8
第四章 研究設計及樣本 10
第一節 模型建立及變數定義 10
第二節 樣本選取 24
第五章 實證結果 26
第一節 敘述性統計 26
第二節 假設檢定:共線性檢定 29
第三節 迴歸結果分析 30
第六章 結論 35
參考文獻 36
參考文獻 Ashbaugh, H., LaFond, R., & Mayhew, B. W. (2003), “Do Non-audit Services Compromise Auditor Independence? Further Evidence.”, Accounting Review, 78(3), pp.611~639.
Bae, G. S., Choi, S. U. K., & Rho, J. H. W. A. (2016), “Audit Hours and Unit Audit Price of Industry Specialist Auditors: Evidence from Korea.”, Contemporary Accounting Research, 33(1), pp. 314~340.
Bedard, J. C., & Johnstone, K. M. (2004), “Earnings Manipulation Risk, Corporate Governance Risk, and Auditors' Planning and Pricing Decisions.”, Accounting Review, 79(2), pp. 277~304.
Bhattacharjee, S., & Moreno, K. (2002), “The Impact of Affective Information on The Professional Judgments of More Experienced and Less Experienced Auditors.”, Journal of Behavioral Decision Making, 15(4), pp. 361~377.
Bills, K. L., Cobabe, M., Pittman, J., & Stein, S. E. (2018), “To Share or Not to Share: The Importance of Peer Firm Similarity to Auditor Choice.”, Working paper, 2018 AAA Annual Meeting.
Bonner, S. E. (1990), “Experience Effects in Auditing: The Role of Task-Specific Knowledge.”, Accounting Review, pp. 72~92.
Bonner, S. E., & Lewis, B. L. (1990), “Determinants of Auditor Expertise.”, Journal of Accounting Research, pp. 28, 1~20.
Bonner, S. E., Palmrose, Z.V., & Young, S. M. (1998), “Fraud Type and Auditor Litigation: An Analysis of SEC Accounting and Auditing Enforcement Releases.”, Accounting Review, pp. 503~532.
Butler, M., Leone, A. J., & Willenborg, M. (2004), “An Empirical Analysis of Auditor Reporting and its Association with Abnormal Accruals.”, Journal of Accounting and Economics, 37(2), pp. 139~165.
Cahan, S. F., & Sun, J. (2014), “The Effect of Audit Experience on Audit Fees and Audit Quality.”, Journal of Accounting, Auditing & Finance, 30(1), pp. 78~100.
Callen, J. L., & Fang, X. (2017), “Crash Risk and the Auditor-Client Relationship.”, Contemporary Accounting Research, 34(3), pp. 1715~1750.
Caramanis, C., & Lennox, C. (2008), “Audit Effort and Earnings Management.”, Journal of Accounting and Economics, 45(1), pp. 116~138.
Che, L., Langli, J. C., & Svanström, T. (2018), “Education, Experience, and Audit Effort.”, Auditing: A Journal of Practice & Theory, 37(3), pp. 91~115.
Chen, F., Hou, Y., Richardson, G., & Ye, M. (2018), “Auditor Experience and the Timeliness of Litigation Loss Contingency Disclosures.”, Contemporary Accounting Research, 35(2), pp. 956~979.
Chen, K. Y., Wu, S., & Zhou, J. (2006), “Auditor Brand Name, Industry Specialization and Earnings Management: Evidence from Taiwanese Companies.”, International Journal of Accounting Auditing and Performance Evaluation, 3(2), pp. 194~219.
Chi, H.Y., & Chin, C.L. (2009), “Reducing Restatements with Increased Industry Expertise.”, Contemporary Accounting Research, 26(3), pp. 729~765.
Chi, H.Y., & Chin, C.L. (2011), “Firm versus Partner Measures of Auditor Industry Expertise and Effects on Auditor Quality.”, Auditing: A Journal of Practice & Theory, 30(2), pp. 201~229.
Chi, W., Lisic, L., Myers, L. A., & Pevzner, M. (2015), “Information in Financial Statement Misstatements at the Engagement Partner Level: A Case for Engagement Partner Name Disclosure?”, Working paper, 2013 AAA Auditing Section Midyear Meeting
Chi, W., Myers, L. A., Omer, T. C., & Xie, H. (2016), “The Effects of Audit Partner Pre-Client and Client-Specific Experience on Audit Quality and on Perceptions of Audit Quality.”, Review of Accounting Studies, 22(1), pp. 361~391.
Choi, J.H., Kim, J.B., Qiu, A., & Zang, Y. (2008), “Auditor Locality, Audit Quality and Audit Pricing.”, Working paper, 2008 American Accounting Association Annual Meeting.
Dechow, P. M., & Dichev, I. D. (2002), “The Quality of Accruals and Earnings: The Role of Accrual Estimation Errors.”, Accounting Review, 77(s-1), pp. 35~59.
Dechow, P. M., Sloan, R. G., & Sweeney, A. P. (1995), “Detecting Earnings Management.”, Accounting Review, pp. 193~225.
DeFond, M. L., & Jiambalvo, J. (1994), “Debt Covenant Violation and Manipulation of Accruals.”, Journal of Accounting and Economics, 17(1-2), pp. 145~176.
Du, X., & Lai, S. (2015), “Financial Distress, Investment Opportunity, and the Contagion Effect of Low Audit Quality: Evidence from China.”, Journal of Business Ethics, 147(3), pp. 565~593.
DuCharme, L. L., Malatesta, P. H., & Sefcik, S. E. (2004), “Earnings Management, Stock Issues, and Shareholder Lawsuits.”, Journal of Financial Economics, 71(1), pp. 27~49.
Feng, H., Habib, A., Huang, H. J., & Qi, B.L. (2019), “Auditor Industry Specialization and Stock Price Crash Risk: Individual-Level Evidence.”, Asia-Pacific Journal of Accounting & Economics, pp. 1~27.
Francis, J. R., & Krishnan, J. (1999), “Accounting Accruals and Auditor Reporting Conservatism.”, Contemporary Accounting Research, 16(1), pp. 135~165.
Francis, J. R., & Michas, P. N. (2013), “The Contagion Effect of Low-Quality Audits.”, Accounting Review, 88(2), pp. 521~552.
Francis, J. R., Michas, P. N., & Yu, M. D. (2013), “Office Size of Big 4 Auditors and Client Restatements.”, Contemporary Accounting Research, 30(4), pp. 1626~1661.
Francis, J. R., & Yu, M. D. (2009), “Big 4 Office Size and Audit Quality.”, Accounting Review, 84(5), pp. 1521~1552.
Frankel, R. M., Johnson, M. F., & Nelson, K. K. (2002), “The Relation Between Auditors' Fees for Non-audit Services and Earnings Management.”, Accounting Review, 77(s-1), pp. 71~105.
Frederick, D. M., Heiman-Hoffman, V. B., & Libby, R. (1994), “The Structure of Auditors' Knowledge of Financial Statement Errors.”, Auditing, 13(1), pp. 1.
Fu, C.J., Chang, F.H., & Chen, C.L. (2005), “The Impact of Audit Failure on Auditor Conservatism: Is There A Contagious Effect of The Enron Case?”, 會計評論, (40), pp. 31~67.
Geiger, M. A., & Raghunandan, K. (2002), “Auditor Tenure and Audit Reporting Failures.”, Auditing: A Journal of Practice & Theory, 21(1), pp. 67~78.
Gul, F. A., Lim, C. Y., Wang, K., & Xu, Y. (2016), “The Price Contagion Effects of Financial Reporting Fraud and Reputational Losses: Evidence from The Individual Audit Partner Level.”, Working paper, Research Collection School of Accountancy, pp. 1~62.
Hagerman, R. L., & Zmijewski, M. E. (1979), “Some Economic Determinants of Accounting Policy Choice.”, Journal of Accounting and Economics, 1(2), pp. 141~161.
Haw, I. M., Hu, B., Hwang, L. S., & Wu, W. (2004), “Ultimate Ownership, Income Management, and Legal and Extra‐Legal Institutions.”, Journal of Accounting Research, 42(2), pp. 423~462.
He, L. (2015), “Auditor Industry Specialization, Audit Experience and Accounting Restatement.”, International Business Management, 9(7), pp. 1686~1697.
Healy, P. M. (1985), “The Effect of Bonus Schemes on Accounting Decisions.”, Journal of Accounting and Economics, 7(1-3), pp. 85~107.
Heninger, W. G. (2001), “The Association between Auditor Litigation and Abnormal Accruals.”, Accounting Review, 76(1), pp. 111~126.
Hung, Y.S., & Cheng, Y.C. (2018), “The Impact of Information Complexity on Audit Failures From Corporate Fraud: Individual Auditor Level Analysis.”, Asia Pacific Management Review, 23(2), pp. 72~85.
Hunt, A. K., & Lulseged, A. (2007), “Client Importance and Non-Big 5 Auditors’ Reporting Decisions.”, Journal of Accounting and Public Policy, 26(2), pp. 212~248.
Kasznik, R. (1999), “On the Association Between Voluntary Disclosure and Earnings Management.”, Journal of Accounting Research, 37(1), pp. 57~81.
Kedia, S., Koh, K., & Rajgopal, S. (2015), “Evidence on Contagion in Earnings Management.”, Accounting Review, 90(6), pp. 2337~2373.
Kellogg, R. L. (1984), “Accounting Activities, Security Prices, and Class Action Lawsuits.”, Journal of Accounting and Economics, 6(3), pp. 185~204.
Kim, J. B., Chung, R., & Firth, M. (2003), “Auditor Conservatism, Asymmetric Monitoring, and Earnings Management.”, Contemporary Accounting Research, 20(2), pp. 323~359.
Kothari, S. P., Leone, A. J., & Wasley, C. E. (2005), “Performance Matched Discretionary Accrual Measures.”, Journal of Accounting and Economics, 39(1), pp. 163~197.
Krishnan, G. V. (2003), “Does Big 6 Auditor Industry Expertise Constrain Earnings Management?”, Accounting Horizons, 17, pp. 1~16.
Krishnan, J. (2001), “A Comparison of Auditors' Self-Reported Industry Expertise and Alternative Measures of Industry Specialisation.”, Asia-Pacific Journal of Accounting & Economics, 8(2), pp. 127~142.
Krishnan, J., & Krishnan, J. (1997), “Litigation Risk and Auditor Resignations.”, Accounting Review, pp. 539~560.
Krishnan, J., Li, C., & Wang, Q. (2013), “Auditor Industry Expertise and Cost of Equity.”, Accounting Horizons, 27(4), pp. 667~691.
Kwon, S. Y., Lim, C. Y., & Tan, P. M.S. (2007), “Legal Systems and Earnings Quality: The Role of Auditor Industry Specialization.”, Auditing: A Journal of Practice & Theory, 26(2), pp. 25~55.
Leach, R., & Newsom, P. (2007), “Do Firms Manage their Earnings Prior to Filing for Bankruptcy?”, Academy of Accounting and Financial Studies Journal, 11(3), pp. 125.
Lee, H., Lee, H.L., & Wang, C.C. (2017), “Engagement Partner Specialization and Corporate Disclosure Transparency.”, The International Journal of Accounting, 52(4), pp. 354~369.
Li, L., Qi, B., Tian, G., & Zhang, G. (2017), “The Contagion Effect of Low-Quality Audits at the Level of Individual Auditors.”, Accounting Review, 92(1), pp.137~163.
Lin, Y.C., Lin, C.J., & Chen, C.Y. (2008), “Audit Partner Tenure, Audit Firm Tenure, and Discretionary Accruals: Does Long Auditor Tenure Impair Earnings Quality?”, Contemporary Accounting Research, 25(2), pp. 415~445.
Low, K.Y. (2004), “The Effects of Industry Specialization on Audit Risk Assessments and Audit-Planning Decisions.”, Accounting Review, 79(1), pp. 201~219.
Lys, T., & Watts, R. L. (1994), “Lawsuits Against Auditors.”, Journal of Accounting Research, 32, pp. 65~93.
Matsumoto, D. A. (2002), “Management's Incentives to Avoid Negative Earnings Surprises.”, Accounting Review, 77(3), pp. 483~514.
McKnight, C. A., & Wright, W. F. (2011), “Characteristics of Relatively High-Performance Auditors.”, Auditing: A Journal of Practice & Theory, 30(1), pp. 191-206.
Minyard, D. H., & Tabor, R. H. (1991), “The Effect of Big Eight Mergers on Auditor Concentration.”, Accounting Horizons, 5(4), pp. 79~90.
Neal, T. L., & Riley Jr, R. R. (2004), “Auditor Industry Specialist Research Design.”, Auditing A Journal of Practice & Theory, 23(2), pp. 169~177.
Owhoso, V. E., Messier, J., William F, & Lynch, J., John G. (2002), “Error Detection by Industry‐Specialized Teams During Sequential Audit Review.”, Journal of Accounting Research, 40(3), pp. 883~900.
Palmrose, Z.V. (1986), “Audit Fees and Auditor Size: Further Evidence.”, Journal of Accounting Research, pp. 97~110.
Reynolds, J. K., & Francis, J. R. (2000), “Does Size Matter? The Influence of Large Clients on Office-Level Auditor Reporting Decisions.”, Journal of Accounting and Economics, 30(3), pp. 375~400.
Robin, A. J., & Zhang, H. (2015), “Do Industry-Specialist Auditors Influence Stock Price Crash Risk?”, Auditing: A Journal of Practice & Theory, 34(3), pp. 47~79.
Stice, J. D. (1991), “Using Financial and Market Information to Identify Pre-Engagement Factors Associated with Lawsuits Against Auditors.”, Accounting Review, pp. 516~533.
Teoh, S. H., Welch, I., & Wong, T. J. (1998), “Earnings Management and the Underperformance of Seasoned Equity Offerings.”, Journal of Financial Economics, 50(1), pp. 63~99.
Teoh, S. H., & Wong, T. (1993), “Perceived Auditor Quality and the Earnings Response Coefficient.”, Accounting Review, pp. 346~366.
Tubbs, R. M. (1992), “The Effect of Experience on the Auditor's Organization and Amount of Knowledge.”, Accounting Review, 67(4), pp. 783.
Wang, X., Wang, Y., Yu, L., Zhao, Y., & Zhang, Z. (2015), “Engagement Audit Partner Experience and Audit Quality.”, China Journal of Accounting Studies, 3(3), pp. 230~253.
Wang, Y., Yu, L., & Zhao, Y. (2015), “The Association between Audit-Partner Quality and Engagement Quality: Evidence from Financial Report Misstatements.”, Auditing: A Journal of Practice & Theory, 34(3), pp. 81~111.
Watts, R. L., & Zimmerman, J. L. (1990), “Positive Accounting Theory.”, Accounting Review, pp. 131~156.
Wilson, T. E., & Grimlund, R. A. (1990), “An Examination of The Importance of An Auditors Reputation.”, Auditing: A Journal of Practice & Theory, 9(2), pp. 43~59.
Xie, H., Liao, Y., Huang, H., & Chi, W. (2009), “Mandatory Audit Partner Rotation, Audit Quality, and Market Perception: Evidence from Taiwan.”, Contemporary Accounting Research, 26(2), pp. 359~391.
Ye, K., Cheng, Y., & Gao, J. (2014), “How Individual Auditor Characteristics Impact the Likelihood of Audit Failure: Evidence from China.”, Advances in Accounting, 30(2), pp. 394~401.
Yu, D. M. (2007), “The Effect of Big Four Office Size on Audit Quality.”, University of Missouri, Columbia.
李建然、林秀鳳 (2013),「大型會計師事務所之審計品質真的比非大型會計師事務所好嗎? 從抑制盈餘管理的角度探討-控制自我選擇偏誤的重要性」,中華會計學刊,第九卷第一期,頁77~110。
李建然、陳信吉、湯麗芬 (2013),「客戶重要性與審計品質-從簽證會計師角度分析」,當代會計,第十四卷第二期,頁147~174。
林宜勉、王韶濱、陳世良 (2004),「會計方法選擇與盈餘管理:以折舊方法為例」,Journal of Accounting and Corporate Governance,第一卷第一期,頁73~94。
陳政芳、李啟華 (2006),「國內會計師產業知識之衡量基礎」,中山管理評論,第十四卷第三期,頁685~711。
陳皆碩、鄭國枝、康湘婷 (2016),「會計師產業簽證經驗與簽證工作量對財務報表重編之影響」,中山管理評論,第二十四卷第一期,頁153~198。
陳耀宗、劉若蘭、林坤霖 (2003),「產業專家,客戶滿意度與審計公費關連性之研究」,會計評論,第三十七卷,頁31~52。
曾怡潔、李啟華、陳宇彤 (2014),「投資人對會計師之信賴程度對更換會計師與審計品質的影響」,會計審計論叢,第四卷第二期,頁59~82。
黃德芬、陳秀婷. (2011),「雙簽制度下會計師產業專精及查核任期對商業銀行盈餘管理之影響」,會計審計叢論。
廖秀梅、戚務君 (2014),「強制合夥會計師輪調當年度的審計品質分析」,臺大管理論叢,第二十五卷第一期,頁233~257。
簡俱揚、陳玉梅 (2009),「產業審計專家與獨立董監事對新發行公司債資金成本的影響」,當代會計,第十卷第一期,頁99~130。
傅鍾仁、張福星、陳慶隆 (2005),「審計失敗對會計師保守主義的影響: ENRON 案是否存在產業蔓延效果? 」,會計評論。
論文全文使用權限
  • 同意授權校內瀏覽/列印電子全文服務,於2019-07-09起公開。
  • 同意授權校外瀏覽/列印電子全文服務,於2019-07-09起公開。


  • 如您有疑問,請聯絡圖書館
    聯絡電話:(06)2757575#65773
    聯絡E-mail:etds@email.ncku.edu.tw