Please use this identifier to cite or link to this item: http://hdl.handle.net/11455/18878
標題: 沙賓法案與內部控制之成本與效益探討
A Cost-Benefit Analysis of Internal Control under SOX Act
作者: 林育如
Lin, Yu-Ju
關鍵字: 沙賓法案;SOX Act
出版社: 會計學研究所
引用: 參 考 文 獻 中文部份 丁克華,2003,「沙氏法案為我國立法革新帶來的啟示」,內部稽核。 台灣證券交易所,2003,「美國企業改革法案對我國上市公司管理制度適用性之探討」。 朱應舞,2003,「追蹤沙氏法案最新脈動」,會計研究月刊,第209期:92-101。 范曉玲,2002,公司治理及財務審計之新紀元-2002年美國證券交易Sarbanes-Oxley法案簡介,月旦法學第八十九期:267。 陳銘賢,2008,從美國PCAOB 及我國會計師法修正談會計師之監理改革?證券暨期貨月刊 第二十六卷,第六期:16-30。 陳曉珮,2005,沙氏法案2004最新發展及其借鏡我國相關規範之探討,證券暨期貨月刊 第二十三卷,第三期:10-23。 薛富井,2004,「沙氏法案最新發展與我國相關規範探討」,會計研究月刊。 西文部份 Arndt. M. 2004, Accounting’s Beautiful Losers. BusinessWeek online (November 10). Available at: http://www.businessweek.com/bwdaily/dnflash/nov2004/nf20041110_0586_db038.htm . Carpenter T. D., and M. G. Fennema, F. Z. Fretwell and W. H.,2004, A Changing Corporate Culture. Journal of Accountancy. Doyle, J., W. Ge, and S. McVay, 2005, Determinants of weaknesses in internal control over financial reporting and the implications for earnings quality. Working paper. Eldridge W. and B. T. Kealey , 2005, SOX Costs: Auditor Attestation under Section 404. Forbes. 2002. The corporate scandal sheet. http://www.forbes.com/home/2002/07/25/accountingtracker.html Gullapalli, D, 2005, Audit Fees Are on Rise As Companies Pony Up. Wall Street Journal (March 25). Jain, P. K., and Z. Rezaee. 2006. The Sarbanes-Oxley Act of 2002 and security market behavior: Early evidence. Contemporary Accounting Research (Autumn): 23(3). Krishnan G. V. and G. Visvanathan., 2007, Does the SOX Definition of an Accounting Expert Matter? the Association between Audit Committee Directors'' Accounting Expertise and Accounting Conservatism. Lewis. G., and C., 2004, Running Out of Time: Compliance Deadline for Reporting on Internal Financial Reporting and Disclosure Controls Nears (September 23). Yellow Card Trend Alert. Lin H. H., and F. H. Wu., Limitations of Section 404 of the Sarbanes-Oxley Act. Leech T., 2003, Sarbanes-Oxley Sections 302 & 404:A White Paper Proposing Practical, Cost Effective Compliance Strategies. Nyberg. A., 2003, Sticker Shock, CFO (September). Available at: http://www.cfo.com/article.cfm/3010299/c_3046597?f=magazine_coverstory. Rezaee, Z, 2004, Corporate governance role in financial reporting. Research in Accounting Regulation 17 (2004): 107–149. Rezaee, Z. 2002. Financial Statement Fraud: Prevention and Detection. John Wiley & Sons, New York, NY. Stuart. A., 2006, It''s Like Extortion, CFO Magazine, Available at: http://www.cfo.com/blogs/index.cfm/detail/6878437?f=search. Sarbanes-Oxley Act (SOX). 2002. Public Law No. 107-204. Washington, D.C.: Government Printing Office. Securities and Exchange Commission (SEC). 2003a. Final Rule: Management’s Reports on Internal Control Over Financial Reporting and Certification of Disclosure in Exchange Act Periodic Reports. Release No. 33-8238. Washington, D.C.: SEC. Available at: http://www.sec.gov/rules/final/33-8238.htm. Securities and Exchange Commission (SEC). 2003b. SEC Implements Internal Control Provisions of Sarbanes-Oxley Act; Adopts Investment Company R&D Safe Harbor. Press Release No. 2003-66. Washington, D.C.: SEC. Available at: http://www.sec.gov/news/press/2003-66.htm. Securities and Exchange Commission (SEC). 2003c. Strengthening the Commission’s Requirements Regarding Auditor Independence. Release No. 33-8183. Washington, D.C.: SEC. Available at: http://www.sec.gov/rules/final/33-8183.htm. Securities and Exchange Commission (SEC). 2004a. Final Rule: Management’s Reports on Internal Control Over Financial Reporting and Certification of Disclosure in Exchange Act Periodic Reports. Release No. 33-8392. Washington, D.C.: SEC. Available at: http://www.sec.gov/rules/final/33-8392.htm. Securities and Exchange Commission (SEC). 2004b. Public Company Accounting Oversight Board; Order Approving Proposed Auditing Standard No. 2, An Audit of Internal Control over Financial Reporting Performed in Conjunction With an Audit of Financial Statements (“Auditing Standard No. 2”). Release No. 34-49884. Washington, D.C.: SEC. Available at: http://www.sec.gov/rules/pcaob/34-49884.htm. Securities and Exchange Commission (SEC). 2005a. Speech by SEC Chairman: Opening Remarks Before the Roundtable on the Implementation of Internal Control Reporting Provisions. (April 13). Washington, D.C.: SEC. Available at: http://www.sec.gov/news/speech/spch041305whd.htm. Securities and Exchange Commission (SEC). 2005b. Commission Statement on Implementation of Internal Control Reporting Requirements. (May 16). Washington, D.C.: SEC. Available at: http://www.sec.gov/news/press/2005-74.htm. Solomon. D., 2005, Accounting Rule Exposes Problems But Draws Complaints About Costs. Wall Street Journal. Yallapragada. R. M., and R., 2007 , Sarbanes – Oxley Act Of 2002: Is It Worth The Price?
摘要: 
本文主要研究在沙賓法案下,美國標準普爾前一百大的上市公司為研究對象,探討從2003年至2007年止,樣本上市公司審計公費之變動的影響。
研究發現因受美國國會匆促之下通沙賓法案(SOX ACT 2002),許多美國上市公司為遵循沙賓法案的規定而使其相關的遵循成本大幅度的增加。沙賓法案主要係規範美國上市公司對其財務報表相關內部控制的自我評估法規,雖然遵循沙賓法案所產生的成本種類眾多,但主要包括審計成本、顧問成本、人員增聘及教育訓練成本和軟硬體購置成本等。由Nyberg(2003)年的研究指出,審計成本受沙賓法案直接衝擊的成份最大,其影響金額也最高。
本文主要研究在沙賓法案下,美國公開公司審計成本與內部控制缺失的關係;同時也進一步探討實務專案上執行沙賓法案時,其主要實務架構及因應沙賓法案要求較易產生的內部控制缺失彙總。實證結果發現,在沙賓法案之下,公司審計成本與公司內部控制缺失次數成顯著正相關,其判定係數及調整的判定係數各為0.23 與0.22 ,t值與p值則各為10.529 與小於 0.001,可見就所選取的樣本而言,內部控制缺失與公司審計成本相關且顯著。另專案公司所彙總的成本與效益分析結果與Nyberg (2003)相互呼應,可作為後續研究的參考。本文雖非第研究沙賓法案與審計公費關聯性的先驅文章,但為少數同時探討個案執行效益分析與實證研究分析的論文。本文結果可供執法者、法令制定機構與會計相關從業人員作為決策之參考。

This study analyzes the audit cost changes of the S&P 100 companies under SOX Act during 2003 and 2007。
Base on our research, we find that the audit costs of public companies increase rapidly due to the congress passing the SOX Act in a rush。SOX Act is the major rule for public companies to assess financial reporting related internal controls。Though there are many costs with compliance SOX Act,the major costs are include audit cost;consultant fee;recruiting and training expenses , software and hardware costs。According to Nyberg (2003),the audit costs are most severely influenced by the SOX Act。
Our study focuses on the analysis for audit cost with internal control weakness under the SOX Act for the S&P 100 companies。 We first discuss the practical framework and the internal control weakness summary request by the SOX Act。The second part,Empirical result shows that the audit cost is positively and significantly related to internal control weakness times。the t and p value are 10.529 and less than 0.01 separately ,the R2 and adjusted R2 are 0.22 and 0.23,R2 shows the audit costs are significantly and positively related to internal control weakness。Although the article is not the first one to study the SOX Act related issues but is the first 。However,it is one of the studies that both SOX practices and empirical analysis。We hope the evidence is able to shed some light on the relevant study。
URI: http://hdl.handle.net/11455/18878
其他識別: U0005-1407200913420000
Appears in Collections:會計學系所

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