상법상 감사의 특성이 이익조정에 미치는 영향

This study is to examine the effects of the business law auditor’s characteristics on earnings management in companies that do not have an audit committee. The characteristics of the business law auditor are divided into whether it is a full-time auditor (activity) and whether it is an accounting expert (expertise). Earnings management was analyzed by measuring discretionary accruals. To this end, we checked the data of 2,777 company-year securities market and KOSDAQ listed companies with total assets of less than 100 billion in the previous year from 2011 to 2016. The results showed that the firms with high activity of the business law auditor and the firms with low activity did not differ significantly in discretionary accruals . In addition, in terms of expertise measured by whether it is an accounting expert, it was found that there was no significant difference in the discretionary accruals. However, it was confirmed that discretionary accruals are reduced when the business law auditor is full - time and accounting specialist. This is the result of a study that can find a contribution point in that the regulatory body can present the direction that can be applied politically in determining the requirements of the business law auditors in Korea. However, utilizing the business report data of the securities market with and KOSDAQ listed companies less than 100 billion assets, the fact that there were specimens that did not find data on business law auditors through business reports and the fact that the expertise of the business law auditors is limited to the contents described in the business report are the limitations of this study.