公允价值变动、市场化程度与审计收费

Fair Value Changes, Marketization Extent and Audit Fee

中文关键词:  公允价值变动  市场化程度  审计收费  审计风险  审计成本  所有权性质

英文关键词:fair value change  marketization extent  audit fee  audit risk  audit cost  ownership

中文摘要:

      当前,我国各地区的市场化水平极不均衡,导致公允价值审计所需信息获取的难易程度不同,由此产生了审计风险的差异,进而会影响审计收费。利用2008—2016年沪深A股上市公司的相关数据,实证分析了公允价值变动、市场化程度和审计收费之间的关系,研究发现:(1)公允价值变动损益越大,审计收费越高；(2)上市公司所处地区市场化程度越高,审计收费越高；(3)上市公司所处地区市场化程度对公允价值变动与审计收费的关系具有调节效应,市场化程度越高,公允价值变动对审计收费的影响越小；(4)相较于民营企业,国有企业审计收费受公允价值变动损益与所处地区市场化程度的影响更大。研究结论表明,会计师事务所应结合企业所处地区的市场化程度考虑审计收费标准；国有企业选择在高市场化程度的地区拓展业务可以有效降低公允价值计量产生的审计风险,抑制审计收费溢价。

英文摘要:

      At present, there is the regional imbalance in the marketization in China. The extents of marketization due to the geographic locations lead to different degrees of difficulty in obtaining information required by fair value auditing, which affects audit cost and audit risk. By using the related data of A-share listed companies on Shanghai Stock Exchange and Shenzhen Stock Exchange during the years from 2008 to 2016, this paper studies the relationship between fair value changes, marketization degree and audit fees, and finds that:(1) The higher the fair value measurement volume is, the higher the audit fee is; (2) The higher the marketization extent is in the area where the company is located, the higher the audit fee is; (3) There is a moderating effect of the marketization extent of the geographic location of the listed companies on fair value changes and audit fees, i.e. the higher the marketization extent is, the smaller the impact of fair value changes is on audit fee; (4) The volume of fair value changes and the marketization extent of the geographic location have a bigger impact on the audit fees in the state-owned enterprises than in private enterprises. The research conclusion indicates that the accounting firms should determine the standard of audit fees based on the marketization extent of the geographic location, and that the state-owned enterprises, by choosing their operation in the areas of higher marketization extent, can effectively reduce the audit risks resulting from fair value measurement and then reduce the audit fee premium. 