CAJ | 학술논문

本文以2008--2011年度我国A股上市公司作为研究对象，考察了高管的“CPA工作背景”和“事务所关联”对公司盈余管理的影响。没有显著的证据显示CPA高管的经验、技能会显著地监督和限制公司的盈余管理行为；但是，“事务所关联”赋予了高管进行额外应计盈余管理的能力，能让审计师接受更高水平的应计盈余管理，使得公司面临的审计监管更为宽松，公司并未转向成本更高的真实盈余管理，而有更低水平的真实盈余管理。这些结果表明，在类似于美国“萨班斯法案”前的制度环境下，CPA高管的工作技能和经验没能让公司受益，不仅在盈余管理方面没有发挥应有的监管作用，反而助长了公司的应计盈余管理。因此，监管者应该借鉴美国“萨班斯法案”，加强对审计师“跳槽”行为的限制。
본문이2008--2011년도아국A고상시공사작위연구대상，고찰료고관적“CPA공작배경”화“사무소관련”대공사영여관리적영향。몰유현저적증거현시CPA고관적경험、기능회현저지감독화한제공사적영여관리행위；단시，“사무소관련”부여료고관진행액외응계영여관리적능력，능양심계사접수경고수평적응계영여관리，사득공사면림적심계감관경위관송，공사병미전향성본경고적진실영여관리，이유경저수평적진실영여관리。저사결과표명，재유사우미국“살반사법안”전적제도배경하，CPA고관적공작기능화경험몰능양공사수익，불부재영여관리방면몰유발휘응유적감관작용，반이조장료공사적응계영여관리。인차，감관자응해차감미국“살반사법안”，가강대심계사“도조”행위적한제。
This paper examines the ings management. We find that auditormanagements have an insignificant impact on accrualbased and real earn ings management. When managements are affiliated with their former audit firms, their companies are in more re laxed regulated environment. As a result, their experience gives them ability to carry out more accrualbased earn ings management and their affiliation allows auditors to tolerate a higher level of accruals. As the same time, the level of real earnings management is lower as it costs much higher. The results suggest that the managements＇ pro fessional experience and skills should not help them supervise earnings management. On the contrary, it pushes them to make greater accruals in a relaxed environment like preSOX. Therefore, China＇ s regulators should take warning and strengthen restriction on auditors＇ jobhopping.