Dissertation > Excellent graduate degree dissertation topics show

The Empirical Research on the Detection Risk of Certified Public Accountant Based on the Perspective of Social Responsibility

Author: HeJing
Tutor: YangXueHua
School: Changsha University of Science and Technology
Course: Accounting
Keywords: detection risk the perspective of social responsibility independence internal control system
CLC: F233
Type: Master's thesis
Year: 2013
Downloads: 33
Quote: 0
Read: Download Dissertation

Abstract


In recent years, the financial fraud of listed companies in our country emerge inendlessly, the situation is not so optimistic. Such as the well-known Yin GuangXia eventcaused the collapse of China’s largest accounting firm Zhongtianqin, Shenzhen YuanYecompany also got qualified report of accounting firm by these obvious means of inflatingcorporate profits and raising corporate capital, then Delong and Kelon went bankrupt insuccession. The approach of these companies is nothing more than a fraud on corporatefinancial results. However, the accounting firm didn’t criticized the company’s obviousfinancial fraud, but continue to convey a positive signal to investors. Those deeds greatlydamaged the interests of the stakeholders of all levels, and seriously hurt the interests ofminority shareholders in the capital market. So the frequent detection risk of certified publicaccountant caused continuous attention of social community.From the perspective of social responsibility, this paper analyzes the reasons of thissituation with game theory, fiduciary duty theory, stakeholder theory and rent-seeking theory.Because of the separation of corporate ownership and management, CPA was entrusted inthe process of auditing the enterprise’s operating conditions with personal moral issues,economic interests, personal attitude wavering, as well as the deteriorative competition in theaudit market and the demand of their own rent-seeking based on the audit rights, leading acompromise in the game of enterprise management and choose to issue false audit reports,which had a very bad effect on the interests of the corporate stakeholders. It selects twovariables directly related to the audit risk of CPA after analysis of the above factors whichinclude audit fees and the types of audit opinions, and selects another four variables directlyrelated to the material misstatement risk of the audited entity which include asset-liabilityratio, return on equity, the total assets of the company and violation processing times oflisted companies. The sample includes all A shares of listed company on the Shanghai StockExchange and Shenzhen Stock Exchange in2011, and assigns the selected indicators. Then ituses PCA to make the relationship of variables from complex to simple for effectivedimension reduction. At last, it uses multiple linear regression model to analyze them andmake the conclusion. This paper puts forward the corresponding countermeasures to solve the aboveproblems. Firstly, the government should learn from foreign audit charge model and developscientific audit fees standards to improve the system, and make a health audit market.Secondly, CPA should have the sense of social responsibility, and the government shouldcurb audit rent-seeking of capital market by reforming system to improve CPA’s auditindependence. Thirdly, enterprises should establish a risk management as the core of theinternal control system, in order to minimize the possibility of inherent risks. Meanwhile,regulators should supervise the economic situation of enterprises, promoting economicoperation in the normal track, and avoid serious financial fraud. Finally, regulators shouldalso strengthen the administrative management of CPA, urge them to provide appropriateaudit opinions from all levels which contain detection risk of CPA.The purpose of this paper is to study the detection risk of certified public accountantbased on the perspective of social responsibility, and hopes the results will be helpful toreduce the risk and have some reference for future study. The author apply the basic theoryof the detection risk by analyze the reasons for the formation of it from two aspects: theaudited entity and the CPA, and made some related empirical research of its influencingfactors. It raised the specific methods of risk control from the above aspects, in order toreduce the risk and maintain its independence.

Related Dissertations

  1. K Company’s Improving Planning and Forecasting for the Reasonable Allocation of Inventory,F224
  2. Study of the Financial Independence of Our Country’s Universities,G649.2
  3. Reflections on Deng case trial,G206
  4. Internal Control System Construction of University Research,G647
  5. A Method and Application of Data Logical Independence Based on Metadata,TP311.13
  6. The Properties Study in Multifractal Process,F830.91
  7. Chinese and Uighur Group Financial Control,F406.72
  8. On the National People’s Congress to the Court’s Supervision,D926.2
  9. Disregard of corporate personality,D922.291.91
  10. Watercolor Painting in the Application of Creative Thinking,J215
  11. Research on Concern Spirit of Rural Migrant Workers in Cities,D412.6
  12. The Study on the Effect of Exercise Training Intensity and ES on Recovery Mechanism and Function in Cerebral Stroke,R743.3
  13. Audit Quality and GCO Decision-making,F239.4
  14. Audit Market Concentration, Auditor Tenure and Audit Quality,F224
  15. \,J218.7
  16. On the Collective Agreement System,F249.2
  17. The Study on Eye Movements in Rorschach Inkblot Test with Field Cognitive Style of College Students,B842.1
  18. Research on Financial Internal Control of Telecommunication Enterprise Based on the COSO,F626.115
  19. Incriminate the illegal exploitation of groundwater Discussion,D924.3
  20. Research on the Independence of Commercial Law,D913.99
  21. An Illumination Independence Face Recognition Algorithm Based on Gabor and SVM,TP391.41

CLC: > Economic > Economic planning and management > Accounting > Accounting Organization and system
© 2012 www.DissertationTopic.Net  Mobile