The Research On Corporate Governance Issued Audit Opinion

New auditing standards was implemented since January 1,2007, CPA audit risk turned to risk-based audit of the business enterprise from the traditional risk-based audit.The guidelines stress assessment of the risks of material misstate- ment. Corporate governance is a key factor caused risk of material misstatement. Corporate governance was concerned in this article whether issued audit opinion. So,this paper analysises that corporate governance affects audit opinion by positive, it shows that the higher the proportion of state-owned shares, the greater standard audit opinion.The higher the proportion of corporate shares, the greater standard audit opinion.The higher the proportion of outstanding shares, the greater non-standard audit opinion. The higher the shareholding ratio of the largest, the greater standard audit opinion.The greater the second add to the tenth largest shareholders, the greater non-standard audit opinion. The larger board of directors, the greater standard audit opinion. Chairman and general manager is the same man, the greater standard audit opinion. The larger proportion of independent directors, the greater non-standard audit opinion.The greater proportion of management shareholding, the greater standard audit opinion.Following is detailed analysis:First 1:mainly discusses the purpose and significance, research content, research methods,literature review corporate of governance and audit opinion.First 2:theory of audit and corporate governance analysis. First analysis corporate governance theory, the basic theory of the audit, and the CPA's audit risk analysis.According to the theory,it expound that CPA will be faced with audit risk by inappro- priate audit opinion.First 3:empirical study about corporate governance affect audit opinion. Discusses the sources of independent variables and the dependent variable in the empirical model.Data sources,empirical research methods and content.First 4:the positive test about corporate governance effects audit opinions. By analysis the data of 204 standard audit opinionand non-standard audit opinion, To verify corporate governance affect audit opinion. According to the results to analysis corporate governance affect audit opinion. Through the audit opinion on the impact of CPA, auditing industry, stock market, investors and creditors.Reco- mmendations that improve audit quality,reduce the audit risk of CPA.