摘要
本文针对财政部2016年12月23日发布的新审计准则中分批次实施在审计报告中沟通关键审计事项的规定所形成的准自然实验,基于动机推理理论,从审计师和治理层视角分析沟通关键审计事项对上市公司盈余管理程度的影响。选取准则颁布前后上市公司数据为样本,以执行新审计准则的公司作为处理组,未执行新审计准则的公司作为实验组,利用倾向得分匹配和双重差分模型相结合的方法(PSM-DID)对政策效果进行检验。实证研究发现,沟通关键审计事项显著降低了上市公司应计盈余管理程度。进一步地,还发现在样本范围内,相比于关键审计事项数目少的公司,关键审计事项数目多的公司的应计盈余管理程度显著较低。此外,实证结果并未发现沟通关键审计事项与真实盈余管理之间的关系。
According to the new audit guidelines issued by the Ministry of Finance in December 23, 2016, a quasi natural experiment formed by the implementation of key audit matters in the audit report was carried out by the Ministry of finance. Based on the theory of motivational reasoning, this paper analyzes the impact of communication key audit matters on the degree of earnings management of listed companies from the perspective of auditors and management. The company, which carries out the data of the listed companies before and after the promulgation, takes the new auditing standards as the processing group, and the company that does not carry out the new auditing standards as the experimental group, uses the method of combining the propensity socre matching and the difference in differences model (PSM-DID) to test the policy effect. The empirical study shows that communication key audit matters significantly reduce the management degree of the accrued earnings of the listed companies. Further, this paper also finds that the accrued earnings management of companies with a large number of key audit matters is significantly lower than those with a small number of key audit matters in the sample scope. Besides, the relationship between key audit matters and real earnings management is not found in this paper.
作者
李延喜
赛骞
孙文章
LI Yan-xi;SAI Qian;SUN Wen-zhang(Faculty of Management and Economics,Dalian University of Technology,Dalian 116024,China)
出处
《中国软科学》
CSSCI
CSCD
北大核心
2019年第3期120-135,共16页
China Soft Science
基金
国家社科基金重大项目(18ZDA095)
