Analyses of the Situation and Consequences of Accounting Firm Change of Listed Company—Based on 2016 Listed Company Data

Abstract

Listed company change accounting firm has become a common phenomenon in China's capital market, increasingly attracted the attention of academia and the public. This paper analyzes the industry distribution, ownership characteristics and financial status of listed company in China in 2016 through collecting relevant data, and discusses the economic consequences of changing the accounting firm of listed company and puts forward relevant suggestions.