A Case Study Of The Influence Of Special General Partnership On Audit Quality

The audit quality is the foundation of audit industry.Ministry of finance gradually issued some related rules that accountant office should transform its system in 2010.The purpose is to improve the audit quality of audit firms by improving the litigation risk sharing mechanism.However,does the final goal of transform-system come true? In order to check this,in this passage,firstly,we will review some study papers at home and abroad,such as the choice of account office’s organization form,the influential factors of the audit quality,special general partnership and the audit quality correlation and so on.According to the review,we can see that there exists some discrepancy in some study conclusion on whether the special ordinary partnership can affect the audit quality.Secondly,I make a conclusion about the changing process of the accountant office’s organization form in China,the United Kingdom and the USA.Then,I explain some theory foundation about choosing special ordinary partnership from contract theory,reputation theory,supervision and motivation theory,from which we have the argument that the accountant office’s transforming system is good for improve the audit quality.Meanwhile,give an example of Yuehua certified public accountants,and we check the influence to the audit quality of transforming system from the types of audit opinion,the audit fares and professional competence.At last,by combining the special political and economic system background,we suggest that what we should do to improve the effects of transforming system from the supervision department and office’s perspective.