Study On The Cause And Economic Consequence Of The Change Of "Customer Follows CPA" Type Firm

For many years,the frequency of the change of firms in China's listed companies has been high.However,the change behavior of accounting firm includes a special change way in which the listed company "follows" the CPA to job-hopping and hires the new CPA firm.Because the role of "the world of the world" in this and this particular form of change is not easy to detect,the industry is still in the initial stage of research on this kind of change.The cause and consequence of the change of this firm cannot be ignored,which is of great significance to the majority of investors to fully understand the information of the listed company and the regulatory department to improve the relevant rules and regulations.In the theoretical part,this paper summarizes the domestic and foreign scholars in this field of research conclusion,the firm "guest with t" type detail,the concept of the change,this article will certified public accountants and certified public accountants as individuals,and the auditees three relations,according to which one party is changed firm changes can be divided into "change also change","change does not change" and "change" by three forms,this paper is based on the theory of resource control,interpersonal relationship theory and signaling theory has made the research.In the case study part,this paper selects S company for case study.Through the understanding of the basic situation of S and the process of firm change,this paper analyzes the real cause of the change of "customer follows the teacher" firm and its economic consequences in audit opinions,audit fees and earnings management.This paper concluded that:(1)"guest with t go" of the firm change real drivers tend to buy auditing opinions and earnings management,(2)"guest with t" type firm changes because of the existence of "human" easier to collusion between being audited and certified public accountants,(3)the firm after the change of economic consequences can more truly reflect its intention to change.Finally,combining with this case study,Suggestions are put forward on strengthening the supervision system,improving the information disclosure of firms and accelerating the construction of firms' reputation system.