The objective of this study is to investigate the effect of audit opinion and audit committee on change of audit firms for publicly listed companies in Taiwan from 2009 to 2015. The empirical evidence demonstrates that the types of audit opinion issued by the auditors are positively correlated with clients’ change of auditors for the next period. The results indicate that to receive favorable opinions in the future, companies are more likely to change audit firms after receiving unfavorable audit opinions. In addition, setting up an audit committee is significantly negative correlated with change of auditors. The results imply that audit committees have an essential role to play in monitoring corporate governance and further decrease the likelihood of firms’ change of auditors.