The Moderation Effect Of Internal Control Disclosure On The Relationship Between Informationization And Audit Fee

Nowadays,with the rapid development of new technology,such as AI and big data,the influence of informationization on the companies is always the cutting-edged issues.It is admitted that the application of Next-generation Information Technology is indeed have positive effect on the productivity and internal control of companies.However,the results of domestic accounting informationization in 2015 shows that the professional is still lack of the knowledge of this area and the regulation and related laws still need to be improved.It is necessary for auditors to learn about the informationization of companies.Meanwhile,the extent to the change of the audit fees does not achieve an agreement under the impact of information technology.Therefore,the relationship between audit fee and informationization is still remained to be studied.This empirical study takes informationization and audit fee as subjects to research the relationship between them.At the same time,this study uses the internal control and its five elements as the moderate variables in order to explore the moderate effect on the relationship between the two main subjects.This study uses the listed company financial data from 2011 to 2014.Through the data analysis of Stata,this study finds that from 2011 to 2014,informationization and audit fee have significant positive effect,that is too say the audit fee is raising with the increase of informationization.The internal control plays an important negative role in the relationship between audit fee and informationization.The internal control environment does not have significant moderate role on the relationship between audit fee and informationization.The risk assessment plays an negative role in the relationship between audit fee and informationization.The control activity plays a significant negative role in the relationship between audit fee and informationization.The information and communication have a salient positive effect on the relationship between audit fee and informationization.The monitoring activity plays a negative role in the relationship between audit fee and informationization.This study then simply analyzes the reason of these findings,the limitation of this research and also give some advice to the further research.