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題名 合夥會計師個人效應永遠重要嗎?
Do audit partner effects always matter?作者 宋宜姍
Sung, Yi-Shan貢獻者 戚務君
Chi, Wu-Chun
宋宜姍
Sung, Yi-Shan關鍵詞 會計師個人效應
Audit partner effects日期 2022 上傳時間 1-Jul-2022 16:04:30 (UTC+8) 摘要 過往研究證實會計師個人效應存在且暗示對於所有會計師的審計品質皆具有影響力及重要性，但是有另一部分研究顯示會計師的審計失敗代表系統性的審計品質不良，因此本文欲探討合夥會計師的個人效應對於品質優良及不良的會計師群體是否皆具有效果。本研究透過工作量與審計品質關聯性之研究情境，檢驗有、無審計失敗紀錄的會計師在該情境下的會計師個人效應是否具有效果。實證結果顯示：無審計失敗紀錄的會計師，其個人效應能夠解釋工作量與審計品質的關聯性，然而，有審計失敗紀錄的會計師樣本顯示無論是否控制會計師固定效果，工作量與審計品質皆無顯著相關，說明品質不良會計師的個人效應在該情境下並不具重要性。綜上，本研究認為合夥會計師個人效應並非永遠重要。
Prior studies find that audit partner effects exist and indicate that audit partner effects are equally considerably important to audit partners overall. However, this is contradicted by another line of audit research suggesting that partners with audit failure record also deliver lower-quality audits on other engagements. Accordingly, this article investigates whether partner effects matter to both groups of good-quality and poor-quality partners. I employ a research setting of examining the relation between partner’s workload and audit quality, and test whether partner effects matter to partners with or without audit failure record. Consistent with prior research, I find partner effects play a role in explaining the association between workload and audit quality in the good-quality partner subsample. However, there are no significant partner effects observed in the poor-quality partner subsample. In summary, this article extends audit partner level research by providing evidence that audit partner effects do not matter all the time.參考文獻 林宗輝、周玉娟與戚務君，2012，財務報表重編與資金成本，中山管理評論，第20 卷第2期：533-567。曾乾豪、張瑀珊與薛敏正，2012，個別會計師查核簽證家數與企業盈餘品質，中華會計學刊第8卷第2期：217-256。AlNajjar, F., and A. Riahi‐Belkaoui. 2001. Growth opportunities and earnings management. Managerial Finance.Aobdia, D., C.-J. Lin, and R. Petacchi. 2015. Capital market consequences of audit partner quality. The Accounting Review 90 (6):2143-2176.Balsam, S., J. Krishnan, and J. S. Yang. 2003. Auditor industry specialization and earnings quality. Auditing: A Journal of Practice & Theory 22 (2):71-97.Cameran, M., D. Campa, and J. R. Francis. 2020. The relative importance of auditor characteristics versus client factors in explaining audit quality. Journal of Accounting, Auditing & Finance:1-26.Chen, C. Y., C. J. Lin, and Y. C. Lin. 2008. Audit partner tenure, audit firm tenure, and discretionary accruals: Does long auditor tenure impair earnings quality? Contemporary Accounting Research 25 (2):415-445.Chi, H.-Y., and C.-L. Chin. 2011. Firm versus partner measures of auditor industry expertise and effects on auditor quality. Auditing: A Journal of Practice & Theory 30 (2):201-229.Chi, W., E. B. Douthett Jr, and L. L. Lisic. 2012. Client importance and audit partner independence. Journal of Accounting and Public Policy 31 (3):320-336.Chin, C. L., and H. Y. Chi. 2009. Reducing restatements with increased industry expertise. Contemporary Accounting Research 26 (3):729-765.DeAngelo, H., L. DeAngelo, and D. J. Skinner. 1994. Accounting choice in troubled companies. Journal of Accounting and Economics 17 (1-2):113-143.Dechow, P. M., and I. D. Dichev. 2002. The quality of accruals and earnings: The role of accrual estimation errors. The Accounting Review 77 (s-1):35-59.Flanigan, J. 2002. Andersen’s pain will strengthen system. Los Angeles Times 24.Francis, J. R., P. N. Michas, and M. D. Yu. 2013. Office size of Big 4 auditors and client restatements. Contemporary Accounting Research 30 (4):1626-1661.Francis, J. R., and D. Wang. 2008. The joint effect of investor protection and Big 4 audits on earnings quality around the world. Contemporary Accounting Research 25 (1):157-191.Goodwin, J., and D. Wu. 2014. Is the effect of industry expertise on audit pricing an office-level or a partner-level phenomenon? Review of Accounting Studies 19 (4):1532-1578.———. 2016. What is the relationship between audit partner busyness and audit quality? Contemporary Accounting Research 33 (1):341-377.Gul, F. A., D. Wu, and Z. Yang. 2013. Do individual auditors affect audit quality? Evidence from archival data. The Accounting Review 88 (6):1993-2023.Healy, P. M., and K. G. Palepu. 1993. The effect of firms` financial disclosure strategies on stock prices. Accounting Horizons 7 (1):1.Johnson, V. E., I. K. Khurana, and J. K. Reynolds. 2002. Audit‐firm tenure and the quality of financial reports. Contemporary Accounting Research 19 (4):637-660.Kim, J. B., R. Chung, and M. Firth. 2003. Auditor conservatism, asymmetric monitoring, and earnings management. Contemporary Accounting Research 20 (2):323-359.Knechel, W. R., A. Vanstraelen, and M. Zerni. 2015. Does the identity of engagement partners matter? An analysis of audit partner reporting decisions. Contemporary Accounting Research 32 (4):1443-1478.Kothari, S. P., A. J. Leone, and C. E. Wasley. 2005. Performance matched discretionary accrual measures. Journal of Accounting and Economics 39 (1):163-197.Krishnan, G. V. 2003. Does Big 6 auditor industry expertise constrain earnings management? Accounting Horizons 17:1-16.Li, L., B. Qi, G. Tian, and G. Zhang. 2017. The contagion effect of low-quality audits at the level of individual auditors. The Accounting Review 92 (1):137-163.Madhogarhia, P., N. K. Sutton, and T. Kohers. 2009. Earnings management practices among growth and value firms. Applied Financial Economics 19 (22):1767-1778.Maines, L. A., and J. M. Wahlen. 2006. The nature of accounting information reliability: Inferences from archival and experimental research. Accounting Horizons 20 (4):399-425.Minnis, M. 2011. The value of financial statement verification in debt financing: Evidence from private US firms. Journal of Accounting Research 49 (2):457-506.Myers, J. N., L. A. Myers, and T. C. Omer. 2003. Exploring the term of the auditor‐client relationship and the quality of earnings: A case for mandatory auditor rotation? The Accounting Review 78 (3):779-799.Nelson, M., and H. T. Tan. 2005. Judgment and decision making research in auditing: A task, person, and interpersonal interaction perspective. Auditing: A Journal of Practice & Theory 24 (s-1):41-71.Palmrose, Z. V., and S. Scholz. 2004. The circumstances and legal consequences of non‐GAAP reporting: Evidence from restatements. Contemporary Accounting Research 21 (1):139-180.Sloan, R. G. 1996. Do stock prices fully reflect information in accruals and cash flows about future earnings? The Accounting Review:289-315.Tanyi, P., K. Raghunandan, and A. Barua. 2010. Audit report lags after voluntary and involuntary auditor changes. Accounting Horizons 24 (4):671-688.Taylor, S. D. 2011. Does audit fee homogeneity exist? Premiums and discounts attributable to individual partners. Auditing: A Journal of Practice & Theory 30 (4):249-272.Wang, Y., L. Yu, and Y. Zhao. 2015. The association between audit-partner quality and engagement quality: Evidence from financial report misstatements. Auditing: A Journal of Practice & Theory 34 (3):81-111.Watts, R. L., and J. L. Zimmerman. 1978. Towards a positive theory of the determination of accounting standards. The Accounting Review:112-134.Xie, H. 2001. The mispricing of abnormal accruals. The Accounting Review 76 (3):357-373. 描述 碩士
國立政治大學
會計學系
109353022資料來源 http://thesis.lib.nccu.edu.tw/record/#G0109353022 資料類型 thesis dc.contributor.advisor 戚務君 zh_TW dc.contributor.advisor Chi, Wu-Chun en_US dc.contributor.author (Authors) 宋宜姍 zh_TW dc.contributor.author (Authors) Sung, Yi-Shan en_US dc.creator (作者) 宋宜姍 zh_TW dc.creator (作者) Sung, Yi-Shan en_US dc.date (日期) 2022 en_US dc.date.accessioned 1-Jul-2022 16:04:30 (UTC+8) - dc.date.available 1-Jul-2022 16:04:30 (UTC+8) - dc.date.issued (上傳時間) 1-Jul-2022 16:04:30 (UTC+8) - dc.identifier (Other Identifiers) G0109353022 en_US dc.identifier.uri (URI) http://nccur.lib.nccu.edu.tw/handle/140.119/140575 - dc.description (描述) 碩士 zh_TW dc.description (描述) 國立政治大學 zh_TW dc.description (描述) 會計學系 zh_TW dc.description (描述) 109353022 zh_TW dc.description.abstract (摘要) 過往研究證實會計師個人效應存在且暗示對於所有會計師的審計品質皆具有影響力及重要性，但是有另一部分研究顯示會計師的審計失敗代表系統性的審計品質不良，因此本文欲探討合夥會計師的個人效應對於品質優良及不良的會計師群體是否皆具有效果。本研究透過工作量與審計品質關聯性之研究情境，檢驗有、無審計失敗紀錄的會計師在該情境下的會計師個人效應是否具有效果。實證結果顯示：無審計失敗紀錄的會計師，其個人效應能夠解釋工作量與審計品質的關聯性，然而，有審計失敗紀錄的會計師樣本顯示無論是否控制會計師固定效果，工作量與審計品質皆無顯著相關，說明品質不良會計師的個人效應在該情境下並不具重要性。綜上，本研究認為合夥會計師個人效應並非永遠重要。 zh_TW dc.description.abstract (摘要) Prior studies find that audit partner effects exist and indicate that audit partner effects are equally considerably important to audit partners overall. However, this is contradicted by another line of audit research suggesting that partners with audit failure record also deliver lower-quality audits on other engagements. Accordingly, this article investigates whether partner effects matter to both groups of good-quality and poor-quality partners. I employ a research setting of examining the relation between partner’s workload and audit quality, and test whether partner effects matter to partners with or without audit failure record. Consistent with prior research, I find partner effects play a role in explaining the association between workload and audit quality in the good-quality partner subsample. However, there are no significant partner effects observed in the poor-quality partner subsample. In summary, this article extends audit partner level research by providing evidence that audit partner effects do not matter all the time. en_US dc.description.tableofcontents 目錄 i圖目錄 ii表目錄 iii第壹章、 緒論 1第一節、 研究動機及目的 1第二節、 研究流程 4第貳章、 文獻探討與假說發展 5第一節、 會計師個人效應 5第二節、 簽證會計師品質 9第參章、 研究方法 12第一節、 審計品質模型 12第肆章、 實證結果與分析 18第一節、 資料來源與樣本選取 18第二節、 敘述性統計分析 23第三節、 工作量與審計品質實證結果 30第伍章、 結論與建議 35第一節、 結論與建議 35第二節、 研究限制 36參考文獻 37 zh_TW dc.format.extent 1185961 bytes - dc.format.mimetype application/pdf - dc.source.uri (資料來源) http://thesis.lib.nccu.edu.tw/record/#G0109353022 en_US dc.subject (關鍵詞) 會計師個人效應 zh_TW dc.subject (關鍵詞) Audit partner effects en_US dc.title (題名) 合夥會計師個人效應永遠重要嗎? zh_TW dc.title (題名) Do audit partner effects always matter? en_US dc.type (資料類型) thesis en_US dc.relation.reference (參考文獻) 林宗輝、周玉娟與戚務君，2012，財務報表重編與資金成本，中山管理評論，第20 卷第2期：533-567。曾乾豪、張瑀珊與薛敏正，2012，個別會計師查核簽證家數與企業盈餘品質，中華會計學刊第8卷第2期：217-256。AlNajjar, F., and A. Riahi‐Belkaoui. 2001. Growth opportunities and earnings management. Managerial Finance.Aobdia, D., C.-J. Lin, and R. Petacchi. 2015. Capital market consequences of audit partner quality. The Accounting Review 90 (6):2143-2176.Balsam, S., J. Krishnan, and J. S. Yang. 2003. Auditor industry specialization and earnings quality. Auditing: A Journal of Practice & Theory 22 (2):71-97.Cameran, M., D. Campa, and J. R. Francis. 2020. The relative importance of auditor characteristics versus client factors in explaining audit quality. Journal of Accounting, Auditing & Finance:1-26.Chen, C. Y., C. J. Lin, and Y. C. Lin. 2008. Audit partner tenure, audit firm tenure, and discretionary accruals: Does long auditor tenure impair earnings quality? Contemporary Accounting Research 25 (2):415-445.Chi, H.-Y., and C.-L. Chin. 2011. Firm versus partner measures of auditor industry expertise and effects on auditor quality. Auditing: A Journal of Practice & Theory 30 (2):201-229.Chi, W., E. B. Douthett Jr, and L. L. Lisic. 2012. Client importance and audit partner independence. Journal of Accounting and Public Policy 31 (3):320-336.Chin, C. L., and H. Y. Chi. 2009. Reducing restatements with increased industry expertise. Contemporary Accounting Research 26 (3):729-765.DeAngelo, H., L. DeAngelo, and D. J. Skinner. 1994. Accounting choice in troubled companies. Journal of Accounting and Economics 17 (1-2):113-143.Dechow, P. M., and I. D. Dichev. 2002. The quality of accruals and earnings: The role of accrual estimation errors. The Accounting Review 77 (s-1):35-59.Flanigan, J. 2002. Andersen’s pain will strengthen system. Los Angeles Times 24.Francis, J. R., P. N. Michas, and M. D. Yu. 2013. Office size of Big 4 auditors and client restatements. Contemporary Accounting Research 30 (4):1626-1661.Francis, J. R., and D. Wang. 2008. The joint effect of investor protection and Big 4 audits on earnings quality around the world. Contemporary Accounting Research 25 (1):157-191.Goodwin, J., and D. Wu. 2014. Is the effect of industry expertise on audit pricing an office-level or a partner-level phenomenon? Review of Accounting Studies 19 (4):1532-1578.———. 2016. What is the relationship between audit partner busyness and audit quality? Contemporary Accounting Research 33 (1):341-377.Gul, F. A., D. Wu, and Z. Yang. 2013. Do individual auditors affect audit quality? Evidence from archival data. The Accounting Review 88 (6):1993-2023.Healy, P. M., and K. G. Palepu. 1993. The effect of firms` financial disclosure strategies on stock prices. Accounting Horizons 7 (1):1.Johnson, V. E., I. K. Khurana, and J. K. Reynolds. 2002. Audit‐firm tenure and the quality of financial reports. Contemporary Accounting Research 19 (4):637-660.Kim, J. B., R. Chung, and M. Firth. 2003. Auditor conservatism, asymmetric monitoring, and earnings management. Contemporary Accounting Research 20 (2):323-359.Knechel, W. R., A. Vanstraelen, and M. Zerni. 2015. Does the identity of engagement partners matter? An analysis of audit partner reporting decisions. Contemporary Accounting Research 32 (4):1443-1478.Kothari, S. P., A. J. Leone, and C. E. Wasley. 2005. Performance matched discretionary accrual measures. Journal of Accounting and Economics 39 (1):163-197.Krishnan, G. V. 2003. Does Big 6 auditor industry expertise constrain earnings management? Accounting Horizons 17:1-16.Li, L., B. Qi, G. Tian, and G. Zhang. 2017. The contagion effect of low-quality audits at the level of individual auditors. The Accounting Review 92 (1):137-163.Madhogarhia, P., N. K. Sutton, and T. Kohers. 2009. Earnings management practices among growth and value firms. Applied Financial Economics 19 (22):1767-1778.Maines, L. A., and J. M. Wahlen. 2006. The nature of accounting information reliability: Inferences from archival and experimental research. Accounting Horizons 20 (4):399-425.Minnis, M. 2011. The value of financial statement verification in debt financing: Evidence from private US firms. Journal of Accounting Research 49 (2):457-506.Myers, J. N., L. A. Myers, and T. C. Omer. 2003. Exploring the term of the auditor‐client relationship and the quality of earnings: A case for mandatory auditor rotation? The Accounting Review 78 (3):779-799.Nelson, M., and H. T. Tan. 2005. Judgment and decision making research in auditing: A task, person, and interpersonal interaction perspective. Auditing: A Journal of Practice & Theory 24 (s-1):41-71.Palmrose, Z. V., and S. Scholz. 2004. The circumstances and legal consequences of non‐GAAP reporting: Evidence from restatements. Contemporary Accounting Research 21 (1):139-180.Sloan, R. G. 1996. Do stock prices fully reflect information in accruals and cash flows about future earnings? The Accounting Review:289-315.Tanyi, P., K. Raghunandan, and A. Barua. 2010. Audit report lags after voluntary and involuntary auditor changes. Accounting Horizons 24 (4):671-688.Taylor, S. D. 2011. Does audit fee homogeneity exist? Premiums and discounts attributable to individual partners. Auditing: A Journal of Practice & Theory 30 (4):249-272.Wang, Y., L. Yu, and Y. Zhao. 2015. The association between audit-partner quality and engagement quality: Evidence from financial report misstatements. Auditing: A Journal of Practice & Theory 34 (3):81-111.Watts, R. L., and J. L. Zimmerman. 1978. Towards a positive theory of the determination of accounting standards. The Accounting Review:112-134.Xie, H. 2001. The mispricing of abnormal accruals. The Accounting Review 76 (3):357-373. zh_TW dc.identifier.doi (DOI) 10.6814/NCCU202200635 en_US
