Research On The Impact Of CPA Audit Quality Factors

Audit quality is an essential element for survival and development of the CPA profession, but also can play the role of audit work in social and economic activities in the important guarantee. In recent years, the stock market broke a lot of audit failures so that our audit industry an unprecedented credit crisis and a moral crisis, which is the development of China’s capital markets have had an adverse impact, and even hinder the process of social development. Audit quality issues become the capital markets and auditing profession urgent problem.Surrounded by numerous scholars have launched a study of audit quality problems. Combined with a large number of references, not difficult to find, most of them from certain important aspects (such as board characteristics, firm scale, etc.) study demonstrated its impact on audit quality, but I believe that any one study of single factors the results are the lack of comprehensiveness, completeness, these indicators should be taken together are better able to measure their impact on audit qualilty. Therefore, this paper draw on the research results at home and abroad on the basis of innovation and bold attempt, hoping to build the body, including the audit, the audit regression model to analyze the object of many factors argumentation. In the end, I chose the representatives of the audit were the subject of professional competence score, firm scale Employees, audit fees Feeaccof and representatives of theaudit object revenues Income,finance leveraged coefficient DFL,the number of Board Durum, the number and proportion of independent directors Supervisory Board Sputum Board other indicators as explanatory variables, Logistic regression model was constructed successfully.I choose the type of audit opinion as a surrogate for audit quality through descriptive statistical analysis and multiple linear regression analysis, the following conclusions:in all indicators chosen among the representatives of the main professional competence audit Score, as well as representatives of audit fees Feeaccof audit object revenues income, finance leveraged coefficient DFL Board and the proportion of independent directors and audit quality were significantly correlated. And, in the process affecting the quality of the audit, the audit body relatively more pronounced. So, I have targeted some suggestions:trace the origin, is to improve the viability and corporate governance of the audited entity; strengthen the management and control of the accounting firm, to improve the level of auditor; strengthen the legal system, improve audit industry compliance.