Dissertation > Excellent graduate degree dissertation topics show

Research on the Re-Position of Relationship between Accountant Firms and Listed Companies

Author: XuQingTao
Tutor: ZhangSuTong
School: China University of Political Science
Course: Economic Law
Keywords: Accountant firms CPA Listed companies Trust
CLC: D922.291.91
Type: Master's thesis
Year: 2010
Downloads: 149
Quote: 0
Read: Download Dissertation

Abstract


Listed companies are playing an important role in the economics of our country with the development of capital markets, accountant firm’s“accountability”has already evolved from the contributors to the public. Accordingly, the laws for acountant firms and certified public accountants (CPA) have set strictly social public duties and responsibilities. On the contrary, the model of undertaking the auditing of listed companies has been more commerce-oriented, choosen and entrusted indirectly by listed companies management when auditing their own operations activities. One negactive consequence of the model is that accountant firms are vulnerable to be captured by listed companies,then hard to become the public’s“watchdog”. For the elimination of the drawbacks of the model, some researchers have made a variety of improvement programs, but they are not all effective. Because even they realize that interests of the listed companies continue to expand, and have realized the importance of public welfare in the career of CPA, under the way of the principal-agent relationship of traditional theory,they cannot fundamentally solved the problem of association and conflict in the interests between auditors and auditees.To thoroughly solve the problem of“purchase of audit”by listed companies, we must reconstruct the relationship among listed companies, accountant firms and the public:Firstly we must clearly realize the source of obligation and the goal of auditing under the theory of trust,then through considering the mode of principal-agent,finding rational institutional arrangements, eliminating the embarrassment of keeping dignity by beggar.QThere are four major parts in this dissertation:The first part analyzes the evolution of auditing position of CPA, discusses the evoltion and position of auditing and CPA.and has empirically analysised regulation and response of the law as to CPA.The second part takes an insight into the model of accountant firms undertaking auditing business of the listed companies. Independence has become the basic requirements as to CPA in every country,but the business and income of accountant firms come from its customers, which force the accountant firms to meet the customers needs.This awkward position can not lead CPA to straighten their life.And take emphasis on the social obligation, but the model of the relationship between institutions of CPA—accountant firms and their "well fed"—the principal does not follow up, Instead ,it is still under the old theory of principal-agent.In this mode, it is certainly not conducive to the protection of other stakeholders. For this as a line, has specificly analyzied the shortcomings and contradictory of indirect model.The third part poinst out that trust is the new method of constructing the relationships among listed companies, CPA and the public.talking about the origin, essence and the structure of law.The fourth part mainly discusses the position of listed companies, accountant firms and the public under the theory of trust.which not only can explain the source of CPA’s duty, but also give us new ideas to deal with failure of the market because of the failure of state intervention and weakness of individual. points out: duty of trustee - Apart from the obligations of its clients, the main duty is taking their social responsibility regulated by law.To Improve the quality of CPA auditing, in addition to morality, "good" system in which the CPA serves for the purpose of the trust - social interests is of importance.

Related Dissertations

  1. Research on the Situation of Alienation and the Relationship among Alienation, Family Cohesion, Family Adaptability and Interpersonal Trust for College Students,B844.2
  2. The Research of Dynamic Trust Model on Cloud Computing Platform,TP309
  3. Research of Sensitive Information Protection Techniques for Automated Trust Negotiation,TP309
  4. The Establishment of Grid Platform on Agricultural Supply Chain System,S126
  5. Research on Intrusion Detection Technology of Wireless Sensor Networks Based on Behavior Trust,TP212.9
  6. Based on cloud model software trustworthiness evaluation model,TP311.53
  7. Based on Factor Analysis of the chemical industry trade Financial Performance Evaluation of Listed Companies,F224
  8. Discussion of Real Estate Transactions Made in Good Faith in the System,D923.2
  9. On the Independent Director System of Listed Companies in China,D922.291.91
  10. The Research of Credit Management Countermeasure to Network Group Buying in China,F203
  11. The relationship between social responsibility and corporate performance of listed companies in China,F276.6
  12. An Empirical Study of the family of listed companies in China governance structure of the internal control,F276.5
  13. Small board listed company government grants impact on the financial performance,F276.6
  14. Evaluation of the growth of the retail listed companies in China,F832.51
  15. On WS Company’s Injection of Capital and Expansion of Shares by Capital Trust,F832.49
  16. Study on the Correlation between Capital Structure and Profitability of Listed Companies in China’s Engineering Equipment Manufacturing Industry,F832.51;F224
  17. On the administrative licensing trust protection principles,D922.1
  18. Empirical studies of the financing structure of institutional investors holding listed companies,F224
  19. Research on the Competitiveness Evaluation of the Coal Corporations,F426.21
  20. The Establishment and Effectiveness of Financial Risk Assessment Index System of Listed Companies Based on VaR,F832.51;F224
  21. An Study on the Efficiency of the Listed Real Estate Companies Based on Factor Analysis Method,F224

CLC: > Political, legal > Legal > Chinese law > Economic Law > Corporate law, company law
© 2012 www.DissertationTopic.Net  Mobile