China's Real Estate Industry Listed Company Audit Opinions Factors Influencing

Audit report, the inspect result of the quality of financial report of the listed companyby certified public accountant, Is the reasonable assurance of the results which is issuedby third-party and is independent from financial statement preparers and users. Auditopinion is the key to reveal truth and reliability of the listed company financialinformation and is the main information source of financial statement users andstakeholders. To study how to issue qualified audit statement, we must consider all thefactors related.This test is base on the introduction of audit opinion related theories and combinedwith the study of the factors which influence audit opinion. By summarizing thedistribution of audit opinion of all the listed companies, raised that audit opinion shouldbe analyzed by different industry, and focus on the analyses of real estate industry bycombining relevant national policies and accounting standards and regulations. The testsummarized and compared the factors which lead to un-standard audit opinion in realestate and manufacturing industry in the past three years, and selected10representativeindexes, raised relevant assumption and then investigate demonstration. This part is todo the descriptive statistical analysis of the index of different audit opinion and differentindustry, inspect the assumption first, and then proceeding logistic analysis bycirculating SPSS16.0. The demonstration result shows the influenced factors of twoindustries is not completely same, there is some difference: real estate industry ismainly influenced by current ratio, net assets, effective income tax rate, non-recurringprofits and losses. But manufacturing industry is mainly influenced by audit cost naturallogarithm, current ratio, assets liability ratio, net assets, return on equity (ROE) andestimated liabilities. Above all, there is difference on the index of standard auditopinion and non-standard audit opinion a company gets. There is difference in thenon-standard audit opinion factors in different industry.The research in this text is meaningful to auditors, audit report users, social public,government monitor units and other interest related persons. Certified publicaccountant can use this text to reduce audit and litigation risk. Other interest relatedpersons can reduce investment risk. Monitor units can estimate the rationality of auditopinion types, and maintain audit market order.