CAJ | 학술논문

本文以我国2000至2007年期间IPO公司财务报告为样本，以2003年我国由证监会遴选执业会计师出任股票发行审核委员会（简称“发审委”）委员的身份公开为背景，研究被证监会遴选执业会计师出任股票发审委委员的会计师事务所是否有动机提高审计质量，以维护来自政府认可的信任声誉。实证研究发现，这些会计师事务所审计的IPO公司财务报告的盈余质量，无论横向比较还是纵向比较均有显著提高。据此推论，来自政府认可的会计师事务所声誉与源于市场口碑的会计师事务所声誉一样，对享有这些声誉的会计师事务所提高审计质量有明显激励作用。
본문이아국2000지2007년기간IPO공사재무보고위양본，이2003년아국유증감회린선집업회계사출임고표발행심핵위원회（간칭“발심위”）위원적신빈공개위배경，연구피증감회린선집업회계사출임고표발심위위원적회계사사무소시부유동궤제고심계질량，이유호래자정부인가적신임성예。실증연구발현，저사회계사사무소심계적IPO공사재무보고적영여질량，무론횡향비교환시종향비교균유현저제고。거차추론，래자정부인가적회계사사무소성예여원우시장구비적회계사사무소성예일양，대향유저사성예적회계사사무소제고심계질량유명현격려작용。
China Securities Regulatory Commission formally released the part-time and full-time members of Stock Issue Appraisal Committee （SIAC） in December 2003. The release of full-time members of SIAC increased the accounting firms＇ reputation that the full-time members have been worked before. Using the Chinese Initial Public Offerings （IPO） firms from 2000 to 2007 as a research example, this study examines whether the establishment of accounting firms reputation mechanism can effectively restrict earnings management behavior of IPO firms, and then improves the earnings quality of IPO firms. We find that earnings quality has been improved significantly when they were audited by the accounting firms that are related to the full-time members of SIAC, regardless of the horizontal comparison or vertical comparison. The above results suggest that accounting firms＇ reputation has an important role in increasing the audit quality, whether the accounting firms＇ reputation generated from the audit market or from the regulatory body.