進階搜尋


   電子論文尚未授權公開,紙本請查館藏目錄
(※如查詢不到或館藏狀況顯示「閉架不公開」,表示該本論文不在書庫,無法取用。)
系統識別號 U0026-2706201412540800
論文名稱(中文) 查帳員現在與過去的產業經驗對於盈餘品質的影響:以中國為例
論文名稱(英文) The Effects of Auditor Current and Past Industry Experience on Client Earnings Quality: Evidence from China
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 102
學期 2
出版年 103
研究生(中文) 王維萱
研究生(英文) Wei-Xuan Wang
學號 R16014070
學位類別 碩士
語文別 英文
論文頁數 33頁
口試委員 指導教授-邱正仁
口試委員-黃華瑋
口試委員-周庭楷
中文關鍵字 查帳員產業經驗  中國審計市場  盈餘品質 
英文關鍵字 auditor industry experience  Chinese audit market  earnings quality 
學科別分類
中文摘要 本篇論文研究查帳員單一年度與過去年度的產業經驗對客戶盈餘品質的影響。我們認為查帳員的產業經驗是透過時間去累積的,但是過去文獻中常用的產業專家衡量方法著重在單一年度的產業經驗,忽略了查帳員在實務中逐年累積產業經驗的重要性。為了驗證我們的假說,我們採用中國資料,因為中國要求查帳員與會計師事務所在審計報告中揭露,並且以裁決性應計數之絕對值做為客戶盈餘品質的衡量指標。我們的樣本期間在1999年到2011年,樣本數量有8,571個公司年度觀察值。我們發現單一年度與過去三年累積的產業經驗皆會使客戶盈餘品質增加。我們更近ㄧ步去將產業經驗分為過去三年累積與單一年度兩類,並發現過去三年所累積的產業經驗在客戶盈餘品質提升的效果上較單一年度產業經驗明顯有效。本篇的結果呼應了關於查帳員個人的相關研究,以及對產耊專家文獻與實務有所貢獻。
英文摘要 This paper investigates the effects of auditor current and past industry experience on client earnings quality. We propose that auditors industry experience should be accumulated across time, and that the common measure of auditor industry specialization employed in previous studies may over-emphasize current industry experience while neglect the importance of past industry experience. To test our hypothesis, we use data from China where engaged audit firm and auditors are required to sign the audit report, and measure client earnings quality as the absolute value of discretionary accruals. Our sample consists of 8,571 firm-year observations during 1999 to 2011. We find that client earnings quality increases with auditor industry experience accumulated during the current year and the past three years. We further decompose auditor industry experience into current and past experience, and find that auditor past industry experience has more influential effect on client earnings quality than auditor current industry experience. Our results correspond to call for research on the role of individual auditors and contribute to the literature on auditor industry expertise and to the practice.
論文目次 1. INTRODUCTION 1
2. BACKGROUND 3
2.1 Chinese Environment of Law and Economy 3
2.2 The Audit Market in China 5
2.3 Industry Specialists 8
3. HYPOTHESIS 12
3.1 Effect of the Accumulated Industry Audit Experience on the Audit Quality 12
4. RESEARCH DESIGN 13
4.1 Measuring Earnings Management 13
4.2 Empirical Models 14
4.3 Test Variables 16
4.4 Sample Selection and Data 17
5. RESULTS OF HYPOTHESIS TESTS 20
5.1 Multivariate Analysis 21
6. CONCLUSION 27
REFERENCE 29
Chinese Reference 29
English References 29
參考文獻 高妮瑋,中國會計師行業特色,貨幣觀測與信用評等,88,59–70,2011年03月。
高妮瑋,兩岸審計市場比較,94,47–61,2012年03月。
张海波,中国股市大索赔,广东经济出版社,广东省,2002。
Ashbaugh, H., R. LaFond, and B. W. Mayhew. Do nonaudit services compromise auditor independence? Further evidence. The Accounting Review 78 (3): 611–639. 2003.
Balsam, S., J. Krishnan, and J. S. Yang. Auditor industry specialization and earnings quality. Auditing: A Journal of Practice & Theory 22 (2): 71–97. 2003.
Becker, C. L., M. L. Defond, J. Jiambalvo, and K.R. Subramanyam. The effect of audit quality on earnings management. Contemporary Accounting Research 15 (1): 1–24. 1998.
Bell, T., F. Marrs, I. Solomon, and H. Thomas. Auditing orgnizations through a strategic-systmes lens. New York, NY: KPMG. 1997.
Cahan , S. F., J. M. Godfrey, J. Hamilton, and D. C. Jeter. Auditor specialization, auditor dominance, and audit fees: the role of investment opportunities. The Accounting Review 83 (6): 1393–1423. 2008.
Cahan, S. F., D. C. Jeter, and V. Naiker. Are all industry specialist auditors the same? Auditing: A Journal of Practice & Theory 30 (4): 191–222. 2011.
Carcello, J. V., and A. L. Nagy. Client size, auditor specialization and fraudulent financial reporting. Managerial Auditing Journal 19 (5): 651–668. 2004.
Carey, P., and R. Simnett. Audit partner tenure and audit quality. The Accounting Review 81 (3): 653–676. 2006.
Carson, E. Industry specialization by global audit firm networks. The Accounting Review: 84 (2): 355–382. 2009.
Carson, E. Industry Specialization by Global Audit Firm Networks. The Accounting Review 84 (2): 355–382. 2009.
Chen, C. Y., C. J. Chan, and Y. C. Lin. Audit partner tenure, audit firm tenure, and discretionary accruals: Does long auditor tenure impair earnings quality? Contemporary Accounting Research 25 (2): 415–445. 2008.
Chen, H., J. Z. Chen, G. J. Lobo, and Y. Wang. Effects of audit quality on earnings management and cost of equity capital: Evidence from China. Contemporary Accounting Research 28 (3): 892–925. 2011.
Chen, S., S. Y. J. Sun, and D. Wu. Client Importance, Institutional Improvements, and audit quality in China: An office and individual auditor level analysis. The Accounting Review 85 (1): 127–158. 2010
Chi, H. Y. and C. L. Chin. Firm versus partner measures of auditor industry expertise and effects on auditor quality. Auditing: A Journal of Practice & Theory 30 (2): 201–229. 2011.
Chin, C. L., and H. Y. Chi. Reducing restatements with increased industry expertise. Contemporary Accounting Research 26 (3): 729–65. 2009.
De Beelde, I. An exploratory investigation of industry specialization of large audit firms. The International Journal of Accounting 32 (3): 337–355. 1997.
DeAngelo, H. and L. DeAngelo. Accounting choice in troubled companies. Journal of Accounting and Economics 17 (1–2): 113–143. 1994.
DeFond, M. L. Debt covenant violation and manipulation of accruals. Journal of Accounting and Economics 17 (1–2): 145–176. 1994. (Available from http://www.sciencedirect.com/science/article/pii/0165410194900086)
DeFond, M. L., T. J. Wong, and S. Li. The impact of improved auditor independence on audit market concentration in China. Journal of Accounting and Economics 28 (3): 269–305. 1999.
DeFond, M., and J. Francis. Audit research after Sarbanes-Oxley. Auditing: A Journal of Practice & Theory 24 (Supplement): 5–30. 2005.
DeFond,M. L., J. R. Francis, and T. J. Wong. Auditor Industry Specialization and Market Segmentation: Evidence from Hong Kong. Auditing: A Journal of Practice & Theory 19 (1): 49–66. 2000.
Deis, D. R., Jr. and G. A. Giroux. Determinants of audit quality in the public sector. The Accounting Review, 67 (3): 462–479. 1992.
European Commission. Green Paper, Audit Policy: Lessons from the Crisis. 2010.
European Securities and Markets Authority. Directive 2006/43/EC of the European parliament and of the council of 17 May 2006 on statutory audits of annual accounts and consolidated accounts, amending Council Directives 78/ 660/EEC and 83/349/EEC and repealing council directive 84/253/EEC. Official Journal of the European Union. 2006.
Fan, G., and Wang, X. NERI index of marketization of China's provinces. Beifing: National Economic Research Institute. 2003
Ferguson, A., J. R. Francis, and D. J. Stokes. The effects of firm‐wide and office‐level industry expertise on audit pricing. The Accounting Review 78 (2): 429–448. 2003.
Firth, M., O. M. Rui,and X. Wu. How do various forms of auditor rotation affect audit quality? Evidence from China. The International Journal of Accounting 47 (1): 109–138. 2012.
Firth, M., P. L. L. Mo, and R. M. K. Wong. Auditors’ organizational form, legal liability, and reporting conservatism: evidence from China. Contemporary Accounting Research 29 (1): 57–93. 2012
Francis, J. R., D. J. Stokes, and D. Anderson. City markets as a unit of analysis in audit research and the re-examination of big 6 market shares. Abacus 35 (2): 185–206. 1999.
Francis, J. R., K. Reichelt, and D. Wang. The pricing of national and city-specific reputations for industry expertise in the U.S. audit market. The Accounting Review 80 (1): 113–36. 2005.
Frankel, R. M., M. F. Johnson, and K. K. Nelson. The relation between auditors' fees for nonaudit services and earnings management. The Accounting Review (Supplement): 71–106. 2002.
Fukukawa, H. and M. Karube. Personal knowledge of audit partners and organizational knowledge of audit firms and the impact on audit fees. No 13–06, IIR Working Paper from Institute of Innovation Research, Hitotsubashi University. Available from http://hermes-ir.lib.hit-u.ac.jp/rs/bitstream/10086/25518/1/070iirWP13_06.pdf. 2013.
Gul, F. A., S. Y. K. Fung, and B. Jaggi. Earnings quality: Some evidence on the role of auditor tenure and auditors’ industry expertise. Journal of Accounting and Economics 47 (3): 265–287. 2009.
Habib , A. Audit firm industry specialization and audit outcomes: Insights from academic literature. Research in Accounting Regulation 23 (2): 114–129. 2011.
Hay, D. C., W. R. Knechel, and N. Wong. Audit fees: A meta-analysis of the effect of supply and demand attributes. Contemporary Accounting Research 23 (1): 141–191. 2006.
Hogan, C. E. and D. C. Jeter. Industry Specialization by Auditors. Auditing: A Journal of Practice & Theory 18 (1): 1–17. 1999.
Johnson, E., I. K. Khurana,and J. K. Reynolds. Audit-firm tenure and the quality of financial reports. Contemporary Accounting Research 19 (4): 637–660. 2002.
Knechel, W. R., G. V. Krishnan, M. Pevzner, L. B. Shefchik, and U. K. Velury. Audit Quality: Insights from the Academic Literature. Auditing: A Journal of Practice & Theory 32 (Supplement 1): 385–421. 2013.
Kothari, S.P., A. J. Leone, and C. E. Wasley. Performance matched discretionary accrual measures. Journal of Accounting and Economics 39 (1): 163–197. 2005.
Krishnan, G.V. Does auditors’ industry expertise constrain earnings management? Accounting Horizons (Supplement): 1–16. 2003.
Li, R. and H. He. An analysis of the development and current situation of the civil legal liabilities of CPAs in China. China Accounting and Finance Review 2 (1): 104–120. 2000.
Lim, C. Y. and H. T. Tan. Non-audit service fees and audit quality: The impact of auditor specialization. Journal of Accounting Research 46 (1): 199–246. 2008.
Moroney, R. and P. Carey. Industry- versus task-based experience and auditor performance. Auditing: A Journal of Practice & Theory 30 (2): 1–18. 2011.
Myers, J. N., L. A. Myers, and T. C. Omer. Exploring the term of the auditor‐client relationship and the quality of earnings: A case for mandatory auditor rotation? The Accounting Review 78 (3): 779–799. 2003.
Organisation for Economic Co-operation and Development (OECD). Principles of Corporate Governance. OECD Publishing. 2004.
Owhoso, V., W. Messier, and J. Lynch. Error detection by industry-specialized teams during sequential audit review. Journal of Accounting Research 40 (3): 883–900. 2002.
Public Company Accounting Oversight Board (PCAOB). Office of the chief auditor standard-setting agenda. Washington, D.C.: PCAOB. 2010. Data available from http://pcaobus.org/news/events/documents/10132010_sagmeeting/oca_standards-setting_agenda.pdf
Public Company Accounting Oversight Board (PCAOB).Statement on proposed amendments to improve transparency through disclosure of engagement partner and certain other participants in audits. Washington, D.C. : PCAOB. 2011. Data available from http://pcaobus.org/News/Speech/Pages/10112011_FergusonStatement.aspx
R. G. Sloan. Do stock prices fully reflect information in accruals and cash flows about future earnings? The Accounting Review 71 (3): 289–315. 1996.
Reichelt, K. J., and D. Wang. National and office-specific measures of auditor industry expertise and effects on audit quality. Journal of Accounting Research 48 (3): 647–86. 2010.
Reynolds, J. K. and J. R. Francis. Client size and auditor reporting decisions: An office-level analysis. Journal of Accounting and Economics 30 (3): 375–400. 2000.
Solomon, I., M. D. Shields, and O. R. Whittington. What do industry-specialist auditors know? Journal of Accounting Research 37 (1): 191–208. 1999.
Vera‐ MuÑoz, S. C., J. L. Ho, and C. W. Chow. Enhancing knowledge sharing in public accounting firms. Accounting Horizons 20 (2): 133–155. 2006.
Watts, R. L. and J. L. Zimmerman. Positive accounting theory: A ten year perspective. The Accounting Review 65 (1): 131–156. 1990.
Zerni, M. Audit Partner Specialization and Audit Fees: Some Evidence from Sweden. Contemporary Accounting Research 29 (1): 312–340. 2012.
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2019-07-07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