Study on the Influence of Non-audit Services on Audit Independent in China
|Keywords||Non-audit Services Audit Services Audit Independence Accounting Firms|
When the overseas rapid development of the non-audit services have initiated the intense argument of the duty field, the academic circles and the government supervising and managing departments to the relationship of the non-audit services and audit independent, in our country the research and discussion on the non-audit services and audit independent also appears quite lonely. But when the events.for example "Anron"＞"World Inc."＞"Yinguangxia"、"Zhengbaiwen"、"Lantian" and so on,appearred, The public in my country has had the suspicion to the audit independence of accounting firms, specially questioned the audit independence of the accounting firms which both provided the audit services and non-audit services to the identical customer. Whether the non-audit services affects the audit independence, that all has the big argument at domestic or overseas at present.This article is profiting from the rationale and the system research of the Chinese and foreign researchers,and through unifies the data of accounting firms and the listed corporations in my country, combines the standard research and the empirical analysis, and carries on the examination to the relationship of Accounting firms and the audit independent.According to the results,this article puts forward the corresponding policy proposal for our accounting firms.Namely in theory research foundation, to probe into the non-audit services starting,as well as to analyse the present situation and reasons on the non-audit services of our accounting firms.Through the listed corporations payed the expense in 2003, showed the types of the audit opinion, and in some controlling factors, this article has made the examination, and drew following conclusion:(1) The proportion that the non-audit expense occupies always the audit expense has the significant influence by no means to the audit opinion type, so the audit independence does not influence by the non-audit services and collects fees.(2) There is the correlation between the ratio of debt to net worth about the listed firms and the audit opinion type. The current ratio to the audit opinion type donot have remarkable influence.Then there is the inverse correlation between the net asset return ratio and the audit opinion.(3) The scale of the accounting firm does not have the very tremendous influence to the audit independence.the non-audit services started late in our country, and at present develops slowly. Accounting firms separately provide the audit servics and the non-audit services to the identical customer,this behavior has not achieved to affect accountant’s independent in audit service.According to the above research, the analysis and the conclusion, this article proposes following suggestions for developing the non-audit services to our country:(1) our country should choicely encourage the accounting firm to develop the non-audit service at present.(2) The healthy development of non-audit services needs to strengthen supervising and guiding.①The accounting firms should have to guarantee the audit service firstly, while provide the non-audit services.②The government supervising and managing departments should strengthen to supervise the accounting firms which provide the non-audit services.This article need further study to the question, including:(1)Because the listed firms did not fully disclose the non-audit expense, this research collects the more few samples,and later it need more samples to do the similar research; (2) this article uses the audit opinion type for the substitution target of the audit independent,the reliability of this doing need be confirmed.