| With the economic and social development,corporate social responsibility began to receive widespread attention from all walks of life.In recent years,some enterprises frequently face negative news such as product quality and environmental pollution,which have had a tremendous negative impact on the enterprises themselves and their stakeholders.Especially for the pillar industry of the national economy-the real estate industry,its fulfillment of social responsibility has a wide range of effects.However,in reality,many real estate enterprises in order to chase profits,ignoring the fulfillment of their social responsibilities,which triggered a series of social problems.For example,with the rapid growth of house prices,the quality of housing is declining.Reports of housing problems from different places came forth endlessly,from"building crunchy"in Shanghai to"wall wrecking"in Wuhan,which not only brought great influence on consumers and other stakeholders,but also greatly damaged the public image of real estate enterprises,Hinder the sustainable development of the enterprises.In recent years,audit fees have also been the focus of the scholars concerned.Reasonable audit fees not only can guarantee the audit quality,but also to some extent supervise the audited units to supervise the fulfillment of their related responsibilities.In reality,most of the accounting firms conduct the initial audit pricing based on the assets of the audited entity.When encountering special circumstances in the audit,they communicate with the audited entity to make appropriate adjustments to determine the final Audit fees.However,the current vigorous advocacy of the risk-based audit model makes it necessary for us to re-examine this existing audit pricing method and begin to consider the impact of some risk factors?such as corporate social responsibility?on audit fees.This is because the fulfillment of social responsibility of real estate enterprises as a signal to the certified public accountants and stakeholders passed the true operation of the enterprise,revealing the potential risks of the enterprise,reducing the information imbalance between enterprises and stakeholders It also provides the basis for the risk assessment procedure in the auditing process of the accounting firm,which affects the selection of audit procedures and the input of audit resources.It also affects the determination of risk anticipatory compensation and thus the final audit fees.The study of corporate social responsibility begins with the definition of corporate goals and social responsibilities,and mainly studies them according to the theory of stakeholder.As for the influence factors of audit pricing,scholars at home and abroad have carried out a large number of studies based on Simunic's audit charging model.In these researches,they have less about corporate social responsibility.Therefore,this paper studies the relationship between corporate social responsibility and audit fees for the real estate industry.Specifically,taking the data of A-share listed companies in the real estate industry as the research sample:By referring to the social responsibility evaluation system of Guo Fangru and Peng Longxin?2010?,according to the stakeholder theory,selecting corresponding indicators to quantify the social responsibility of real estate enterprises Performance[1];and then according to Simunic's audit charging model,the quantized variables of social responsibility into the model?Simunic 1980?,according to the empirical draw the negative correlation between the two.Finally,from the perspective of certified public accountant audit,this paper concludes that the social responsibility of real estate industry in our country affects the final audit fees mainly from two aspects:influencing audit resource investment and risk premium compensation,and combining with the fulfillment of social responsibilities of real estate enterprises,it puts forward reasonable suggestions on its audit charging policy. |
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