The Game Theory Research On The Quality Of Audit Information

The audit information quality, in fact is the objective and accurate degree to which the audit opinion appraises the financial statement's validity, fairness and justness. Because of the separation of ownership and management, information asymmetry, reverse selection, moral hazards, so it is necessary for those corporations which features mainly separation of ownership and management to make their financial information public after being audited by CPAs. Along with society's progress and stock market's development, the audit information receives more and more concerns from the whole society including investors, and becomes one of the factors influencing securities investment decision-making.Based on the game theory, this article takes a detailed analysis on the main bodies-- shareholders who audit in the market (trustee), chartered accountant (Accounting firm), the business management authority (the audited object). It has a comparison between conflicts of interest, as well as under the conflict gambling strategy model, achieved the balanced strategy analysis finally. Base on the previous scattered research, finally this article focuses on the following three interrelated problems including(1) the concept of audit quality;(2)how the auditing bodies game together to decide the quality of audit;(3) how to improve the audit quality in China.This article altogether is divided into five parts, the first part"the introduction"mainly introduces the research background and the motives, the domestic and foreign related research's literature summaries, the research mentality, the paper framework and the research technique and the innovation spots; The second part"the game theory and the information economics mainly introduced in the audit application"This part studies the game theory and information economics' related concept and the elementary theory, as well as profit from the significance; The third part"the audit information and the game theory analysis"from audit opinion's angle, defines the audit information as the report of audit transmission information; Using game theory analytical auditing information production and function; The fourth part"the audit information quality's gambling analysis"mainly starting from audit behavior's main body chartered accountant as well as the external factor, has constructed the main body factor gambling model and in the external factor gambling situation the audit information quality level, analyzes to achieve under the equilibrium state the gambling strategy, enables the audit information quality level to enhance; The fifth part"Suggestions to enhance audit information quality". This part proposed related measure to improve the audit quality with a reference to the relevant theories.