The Research Of The Effect Of Internal Control Information Disclosure Of The Listed Electric Power Companies On Audit Quality

As now the enterprise management system in our country gradually perfect, the internalcontrol is not only a problem in the field of field of accounting or auditing, has developedinto an interdisciplinary issue. When external audit as a kind of supervision power, andinternal control mechanism of mutual compensation. Most of the listed company financialfraud occurred, mostly due to the defects in corporate governance, and provides the lowquality of certified public accountants audit services. This will make the public investorsreduce’s trust in the financial statement information, and questioned the related audit servicequality. At present our country most of the internal control information disclosure of listedcompanies are too formal, affected to a certain extent academic research related data isreasonable real reflects the internal control of listed companies. Therefore, the system ofexecution can promote audit quality has increased, whether can reduce informationasymmetry between managers and shareholders, if they can help to solve the problem ofagency, etc., need further research.In this paper, in order to clear the internal control information disclosure will impact onaudit quality, first of all, from the basic theory, has carried on the related theory, the impactanalysis. Based on2010and2011, the power company and weed out the special ST listedcompany as sample. On the research tool, this paper mainly by SPSS and EXCEL softwarerelated functions to deal with sample data. On research methods, based on the four measuresof audit quality using principal component analysis dimensionality reduction process andafter the comprehensive score of audit quality, using multivariate linear regression analysis,the empirical analysis on the relationship between information disclosure of internal controland audit quality, in order from the perspective of empirical quantitative analysis verifypower internal control information disclosure of listed companies affect audit quality.Through research found that: power whether listed companies to disclose internal controlverification report and the audit quality significantly positive correlation, but the other threeindependent power whether listed companies to disclose internal control self assessmentreport, whether the disclosure of internal control defects and the degree of internal control information disclosure and audit quality has a positive correlation, but not dramatically.According to previous studies and according to this article research conclusion, this articlerespectively to improve audit quality and improve internal control disclosure of informationtwo aspects put forward relevant policy recommendations: strengthening the construction ofrelated environment, establish and improve the relevant system, intensify related regulation,professional talent training.