The Relationship Between Internal Control Auditand Audit Opinion Under The Mandatory Disclosure Background

In 2002 the United States claim to audit the financial reports of listed company’s internal control effectiveness for the first time in the form of law, the sensation is the SOX act, it takes related information disclosure of internal control into an unprecedented era of mandatory released. At the same time, other countries also issued relevant laws and regulations, therefore, all countries began to attach importance to the effectiveness of internal control.Facing the international environment, our country also issued relevant laws and regulations about the internal control auditing. But compared with other countries of the internal control system in our country, both on its establishing and perfecting the process is later.In 2008 our country issued the domestic first file for internal control standards-"the enterprise internal control basic norms", under which the listed company shall employ relevant institutions published about whether the financial report for the internal control to achieve the degree to which the results of the evaluation report. Since January 1,2011,listed companies in China just entered the stage of mandatory internal control information disclosure, so the internal control auditing for certified public accountants is a new audit service (held, 2009).In particular, from 2011 to 2014, the following these companies are required to perform the internal control audit successively, they are respectively domestic and overseas listing, state-owned and non-state-owned holding, at the same time there will be other listed companies.In particular, on August 14,2012 the listed company (main board) execution of internal control standard system of category of partial specified internal control auditing on the distribution of the listed company (main board) partial classification implementation schedule:first of all, all the state holding listed companies made specific provision,2012 internal control audit report must be released to the outside world in 2013;Secondly requires that all listed companies must be published in the annual report in 2014, together with the internal audit report.The purpose of this paper is to explore the relationship between internal control audit, the audit fees and audit opinion, based on the data of Shanghai and shenzhen a-share listed company, trying to find out internal control auditing, internal control defects of these two factors and the relationship between audit fees, audit of internal control influence on audit opinion, and how audit fees of internal audit influent the correlation, and give advice according to it.The main content of this paper can be divided into two aspects.In the theoretical analysis part, that is, the first part of this article to the third part, combining the theory of principal-agent, market supply and demand theory, signaling theory, system analysis, and then the relevant data at home and abroad were reviewed and classified on the basis of combing, put forward the cost of internal audit, the audit and the relationship between the advice given assumptions, for the exploration of this paper provides a theoretical support.In empirical research, that is, the fourth to the sixth part, based on the assumption of three research in this paper, in our country in 2012 and 2013, the Shanghai and shenzhen a-share listed companies as samples, the above assumptions are descriptive, correlation and multiple regression analysis and robustness testing.Based on the principal-agent theory, market supply and demand theory, signaling theory, put forward the research hypothesis, selection of China’s Shanghai and shenzhen A shares in 2012 and 2012 main board listed companies as samples, this paper analyzes the relations between internal control audit and audit fees, and audit opinion, and the influence of audit fees between the independence of external audit and internal control audit.The purpose of writing this article is based on the background mandatory audit of internal control system, the research on internal control auditing, the relationship between audit fees and audit opinion, the problem both in theory and practice has a certain significance.In this article, through the combination of theoretical and empirical way, to the development of institutional change as an opportunity to analyse the effect after the guidelines issued and inspection, added to the internal control auditing empirical research, the accounting firm for audit pricing provides a reference to guide the implementation of the effect analysis provides data support.