Audit Committee and Audit Quality

• Main Authors: June-Wei Zeng, 曾峻緯
• Other Authors: Yu-Chih Lin
• Format: Others
• Language: zh-TW
• Published: 2012
• Online Access: http://ndltd.ncl.edu.tw/handle/77410376988801192421

碩士 === 國立雲林科技大學 === 會計系研究所 === 100 === This study examines whether the establishment of audit committees would contribute the audit quality and whether the longer the establishment of audit committees the better oversight effects. The empirical tests are conducted using TEJ database for firms listed on the Taiwan Stock Exchange with fiscal year ends between 2008 and 2010. The final sample consists of 2,155 firm years. The audit quality is proxied by the issuance of non standard unqualified opinions. In addition, I test the association between the length of audit committee establishment and audit quality. Empirical results indicate that the establishment of audit committees is not positively associated with audit quality and the length of audit committee establishment is negatively associated with audit quality. The results imply that audit opinions may be compromised between auditors and audit committee.