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关联方资产交易在上市公司相互交易中占有重大比例。一方面,由于关联方之间的特殊关系,使得关联方资产交易可以节约交易成本,提高公司的市场竞争力。这种优势使得关联方资产交易在上市公司中大量存在。另一方面,上市公司为了提高公司价值、扭转暂停上市局面或操控利润,达到特有目的而进行非公允关联资产交易,管理当局利用关联方资产交易操控利润或进行舞弊导致审计师的审计风险增大。本文以2010—2011年上市公司发生的关联方资产交易为样本,检验了上市公司关联方资产交易对审计费用的影响。研究发现,上市公司与其关联方进行资产交易时会增加审计费用,尤其是采用协商定价原则进行的交易会增加审计费用,其关联方资产交易总额的大小也会影响审计费用。
Related party transactions in listed companies accounted for a significant proportion of transactions between each other. On the one hand, due to the special relationship between related parties, transaction costs of related-party assets can be saved and the company’s market competitiveness can be enhanced. This advantage makes the related party asset transactions exist in a large number of listed companies. On the other hand, in order to increase the value of the company, to reverse the suspension of the listing or to control the profits, and to carry out transactions with unfairly related assets for its own purposes, the management risks the auditors’ audit risk to be increased by the management using the related party asset transactions to manipulate profits or fraud . This paper examines the related party transactions of assets of listed companies in 2010-2011 as a sample to examine the impact of the related party transactions of listed companies on the audit costs. The study finds that the listed companies and their related parties will increase the audit fees when trading assets, especially the transaction based on the negotiation pricing principle will increase the audit fees, and the total transaction amount of related party assets will also affect the audit fees.