감사인의 적격성이 보수주의와 회계투명성에 미치는 영향

DeAngelo (1981) defines audit quality as the market-assessed joint probability that a given auditor will both detect material misstatements in the client's financial statements and report the material misstatements. Therefore, according to this definition, audit quality is a function of the auditor’s ability to detect material misstatements(competence) and reporting the errors(auditor independence). However due to this fact that these characteristics are largely unobservable, it is very difficult to measure the auditor's competence and independence in empirical studies. This study that is focus on auditor's competence to measure the audit quality examines the relation between auditor's competence and accounting quality. Specifically, the different proxies have been used by this study to measure audit quality like a number of CPA, CPA's career, the level of education & training expenditure, audit fee, and listed in PCAOB. And then this study examine that the auditor's competence is the effect of accounting conservatism and transparency. According to this result, it shows that the levels of both accounting conservatism and transparency are higher on the clients whose accounting firms have a number of CPA with high level of average career and a great expenditure on education and training.