A Case Study of Influencing Factors of Audit Quality for Beijing Accounting Firms

Last modified: May 8, 2024
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Title: A Case Study of Influencing Factors of Audit Quality for Beijing Accounting Firms

Author: Liu Zhanwen

Advisor: Dr. Zhang Li

Degree: Master of Business Administration

Major: Finance and Accounting

Faculty: บัณฑิตวิทยาลัย (Graduate School)

Academic year: 2566 (2023)

Published: The 15th National and International Academic Conference “Creating Shared-Value and innovation for sustainability” 18-20 January 2023 (pp.1135-1147) คลิก   PDF  


Abstract

In recent years, accounting firms have been punished more frequently for inadequate execution of audit procedures and issuing of inappropriate audit reports, indicating a decline in audit quality. Accounting firms urgently need to address the decline in audit quality in order to comply with audit standards and avoid penalties. Based on risk management theory and system control theory, this paper aims to study the influencing factors of audit quality from the perspective of internal control.

The objectives of the study were: 1) To examine whether internal control positively influences audit quality in Beijing accounting firms; 2) To examine whether informatization positively influences audit quality in Beijing accounting firms; and 3) To examine whether quality of auditors positively influences audit quality in Beijing accounting firms.

This study selected accounting firms in Beijing as the research population. This study adopted the quantitative research method, with 384 questionnaires distributed to auditors from accounting companies in Beijing, and 330 valid questionnaires recovered, with a recovery rate of 85.94%. Combined with risk management theory and system control theory, this study found that: 1) Internal control has a significant positive effect on audit quality in Beijing accounting firms; 2) Informatization has a significant positive effect on audit quality in Beijing accounting firms; and 3) Quality of auditors has a significant positive effect on audit quality in Beijing accounting firms. Recommendations for audit quality in Beijing accounting firms focus on the following aspects: 1) Enhance internal control activities; 2) Prioritize informatization; 3) Strengthen the quality of auditors.

Keywords: internal control, informatization, quality of auditors, audit quality


A Case Study of Influencing Factors of Audit Quality for Beijing Accounting Firms

6417195803 – Liu Zhanwen 2566 (2023) A Case Study of Influencing Factors of Audit Quality for Beijing Accounting Firms สารนิพนธ์ (Independent Study), Advisor: Dr. Zhang Li, ปริญญาโท (Master’s Degree), บัณฑิตวิทยาลัย (Graduate School), Master of Business Administration, Finance and Accounting, Bangkok: Siam University

Academic Year 2023, Graduate School 2023, IMBA, IMBA 2023, Independent Study, Independent Study 2023, Master of Business Administration, Master of Business Administration (International Program) 2023, Master of Business Administration 2023, ปริญญาโท (Master’s Degree), บัณฑิตวิทยาลัย (Graduate School), Master of Business Administration,Finance and Accounting

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