会计师事务所合并的效果:审计质量、审计收费与市场反应  

The Effectiveness of Accounting Firm Merges in Securities Market: Audit Quality,Audit Fee and Market Reaction

作　　者：邓川[1] 杨文莺[1] 

机构地区：[1]浙江财经大学会计学院,浙江杭州310018

出　　处：《财经论丛》2014年第3期53-60,共8页Collected Essays on Finance and Economics

基　　金：教育部人文社会科学青年基金资助项目(10YJC630038)

摘　　要：基于2006-2009年间证券市场上内资会计师事务所之间的合并案例,分析合并对审计质量和审计定价的影响,以及市场对事务所合并的反应,结果发现:事务所合并没有显著提高审计质量;合并前的大所在合并后如进入内资十大则审计收费才会显著上升,小所在合并后其审计收费都没有显著变化;市场对事务所合并作出了显著正面的反应。这一方面表明行业做大做强战略已经取得一定的成效;另一方面,事务所要加强质量控制和风险管理等方面的整合,提高管理水平。监管部门应重视对事务所合并质量的监管,促进合并后事务所实现实质性融合。Based on the merges of domestic accounting firms in Chinese securities market from 2006 to 2009, the paper analyzes the market reaction, and effects of the merges on audit quality and audit fee. The paper finds that the merges have not substantially improved the audit quality; the audit fee charged by big accounting firms has risen considerably only if the firms become the domestic top ten after the merge, and for small accounting firms, the audit fee has had no significant change; the market reaction to the merges is significantly positive. The result indicates that on one hand, the strategy of growing bigger and stronger encouraged by regulators has taken some effect, and on the other hand, accounting firms should take steps to integrate the quality control and risk management, and regulators should strengthen supervision over the quality of merges to help the ac- counting firms to achieve synergy effects.

关 键 词：会计师事务所 合并 审计质量 审计收费 市场反应 

分 类 号：F239.43[经济管理—会计学]