Industry Expertise Type, Audit Report Lag and Audit Quality

Li Lin

《Frontiers in Economics and Management》 3卷3期 (2022/03) Pp. 429-436

https://doi.org/10.6981/FEM.202203_3(3).0049

摘要

This paper examines the relationship between industry expertise type, time lag of audit report and audit quality based on A-share listed companies from 2007 to 2018. we divide Accounting firms' Industry expertise into ＂product＂ industry expertise, which is formed by auditing a small number of large-scale customers, and ＂low-cost＂ industry expertise, which is formed by auditing a large number of small-scale customers. The results show that accounting firms with ＂product＂ industry expertise tend to have longer audit time lag and higher audit quality than accounting firms with ＂low-cost＂ industry expertise. The result of this research expands the research angle of industry expertise type, and provides the reference for the customer to choose the Accountant firms.

關鍵字

Industry Expertise Type ； Audit Report Lag ； Audit Quality

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