分类号F8密级
U D C 005编号
硕士学位论文
审计委员会-审计师连锁关系与
关键审计事项披露
研究生姓名：吴子歌
指导教师姓名、职称：史永教授
申请者类别：非专项计划
申请者学习方式：全日制
学科门类：管理学
专业名称：财务管理
研究方向：公司财务
入学时间：二〇二〇年九月
二〇二三年六月
Audit Committee-Auditor Interlocking and
Disclosure of Key Audit Matters
By Wu Zige
2023.06
审计委员会-审计师连锁关系与关键审计事项披露
摘要
审计报告改革后，新增加的关键审计事项段通过对重大事项及其应对程序的披露，
使得外部信息使用者可以从审计报告中获取更多信息价值。理论上，关键审计事项的
确定与披露是审计师与公司管理层沟通并博弈的结果，外部审计师的任命、薪酬、监
督和解聘是审计委员会的重要工作职责。当多家公司具有相同审计委员会成员同时也
被同一会计师事务所审计时，基于合作与信任产生的审计委员会-审计师连锁关系会
作用于审计师与管理层的沟通全过程，从而影响关键审计事项的披露。那么这种连锁
关系会使关键审计事项披露更充分吗？这种影响在由不同审计委员会成员引起的连
锁关系中是否存在差异？本文将从审计委员会-审计师连锁关系出发，探究其对关键
审计事项披露的具体影响，同时对这种影响是否受公司治理、审计师特征以及外部信
息环境的调节进行了进一步研究。
本文利用2016-2020年上市公司相关数据，考察了审计委员会-审计师连锁关系
对关键审计事项披露的影响。研究发现，第一，审计委员会-审计师连锁关系的存在可
以提高关键审计事项披露充分性；并且当连锁关系是由审计委员会主任引起时，这种
提升效应更显著。进一步分析中发现，公司治理角度，管理层持股水平较高和内部控
制质量较好的企业，审计委员会-审计师连锁关系能对关键审计事项披露充分性产生
显著的提升效应；审计师特征方面，审计师繁忙程度较低时，审计委员会-审计师连锁
关系对关键审计事项披露充分性的影响更显著；外部环境方面，当法治环境更健全或
者分析师跟踪较多时，审计委员会-审计师连锁关系对关键审计事项披露充分性的提
升效果更显著。
本文的研究贡献及创新点主要体现在以下三点：首先，本文研究了审计委员会-
审计师连锁关系如何影响关键审计事项的信息含量，在理论上更具逻辑性和系统性，
丰富了关键审计事项影响因素的相关研究;其次，本文所研究的审计委员会-审计师连
锁关系，是基于组织与组织之间即审计委员会与会计师事务所的连锁，丰富了有关审
计师和客户社会关系的研究。最后，本文从文本分析的角度，以文本长度、可读性、
精确度对关键审计事项披露充分性进行衡量,为关键审计事项的相关研究提供了新的
研究视角。
关键词：审计委员会-审计师连锁关系；关键审计事项披露；审计报告
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审计委员会-审计师连锁关系与关键审计事项披露
Abstract
Following the reform of the audit report,the added key audit matters section enhances
the transparency of the audit process and response procedures and the information content
of the audit report.In theory,the determination and disclosure of key audit matters is the
result of the game between the auditor and the company management.The audit committee
under the board of directors is directly responsible for the appointment,compensation,
supervision and dismissal of external auditors.It is an important responsibility of the audit
committee to communicate with auditors and supervise audit work.When multiple
companies have the same audit committee members and are also audited by the same
accounting firm,the audit committee-auditor interlocking based on cooperation and trust
will affect the whole process of communication between auditors and management,thus
affecting the disclosure of key audit matters.Will this interlocking relationship lead to better
disclosure of key audit matters?Does this influence differ in the chain of relationships caused
by different audit committee members?This thesis will start from the chain relationship
between audit committee and accounting firm to explore its specific impact on the disclosure
of key audit matters,and whether this impact is regulated by corporate governance,auditor
characteristics and external information environment.
This thesis examines the impact of the audit committee-auditor interlocking
relationship on the disclosure of critical audit matters by using the listed companies that
disclosed critical audit matters during 2016-2020.The results show that,first,the existence
of interlocking relationship between audit committee and firm can improve the disclosure
adequacy of key audit matters;And the enhancement effect was more significant when the
linkage was initiated by the audit committee chair.Further analysis shows that in enterprises
with higher quality of management shareholding and internal control,the disclosure
adequacy of key audit matters of audit committee -auditor interlocking is better in enterprises
with higher quality of management shareholding.In terms of auditor characteristics,when
the auditor industry expertise is higher or the auditor is less busy,the audit committee --firm
chain relationship has a more significant impact on the disclosure adequacy of key audit
items.In terms of external environment,when the legal environment is more sound or the
analysts track more,the audit committee -firm chain relationship has a more significant
effect on the disclosure adequacy of key audit matters.
This thesis mainly has the following three aspects of research contributions and
innovations:First,this thesis studies how the audit committee-auditor interlocking
relationship affects the information content of key audit items,which is more logical and
systematic in theory,and enrich the relevant research on the influencing factors of key audit
items;Second,the chain relationship between audit committee and firm studied in this thesis
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Abstract
is not limited to the chain of auditors,but also includes the chain of accounting firms,which
enrich the research on the social relationship between auditors and clients.Thirdly,from the
perspective of text analysis,this thesis measures the disclosure adequacy of key audit items
by text length,readability and accuracy,providing a new research perspective for relevant
research on key audit matters.
Key Words:Audit committee-auditor interlocking ;Disclosure of key audit matters;Audit
report
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