2011年11月8日学术报告通知

题目: Institutional Environment and the Quality of Big 4 Auditors

报告人: Ke Bin教授（Nanyang Technological University）

时间: 2011年11月8号（周二） 下午1:30

地点: 会计学院二楼报告厅

Abstract:  

The objective of this study is to examine whether the Big 4 accounting firms around the world offer the same level of audit quality. We test our research question by comparing the audit quality of mainland China’s Big 4 auditors for the following three types of A share firms: (a) pure A share firms; (b) A share firms that also have outstanding H shares (denoted as AH share firms); and (c) A share firms that also have outstanding B shares (denoted as AB share firms). Pure A share firms are required to obtain only one audit report from a mainland auditor. Prior to December 2010, AH share firms were required to obtain two audit reports (one on the A share financial statements from a mainland auditor and the other on the H share financial statements from a HK-registered auditor). Prior to 2007, AB share firms are required to issue two audit reports (one on the A share financial statements from a mainland auditor and the other on the B share financial statements from a qualified overseas auditor). If the Big 4 auditors maintain the same level of audit quality around the world, we should observe no difference in the audit quality of mainlandChina’s Big 4 auditors for the three types of A share firms. On the other hand, if institutional environment affects audit quality, we should expect the audit quality of mainland China’s Big 4 auditors to be higher for AH share firms than for AB share firms or pure A share firms. We find evidence consistent with the latter prediction.