Non Audit Services, Institutional Environment and Audit Quality——Based on the Perspective of Enterprise' Purchasing Joint-audit Services and Non-audit Services

Abstract

Abstract:

Combined with enterprise property, local accounting firms or legal environment of different regions to test the effects of no audit services on audit quality, the empirical researches show that:Generally, there is no significant negative correlation between non audit service scales and audit quality, but in non state controlled companies or under the condition that company and accounting firm are in the same province, there exist significant negative correlations between them. At the same time, it is found that the relationships only exist in the relatively backward legal environment. The researches show that non audit services under specific circumstances may become a mean of mutual rent-seeking between enterprises and certified public accountants, but a sound legal environment can better restrain the negative effects of non audit services.

Key words: non audit services, institutional environment, audit quality

Zhuang Feipeng. Non Audit Services, Institutional Environment and Audit Quality——Based on the Perspective of Enterprise' Purchasing Joint-audit Services and Non-audit Services[J]. , 2019, 31(10): 212-221.

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