数字金融与审计师风险应对

Digital Finance and Auditor Risk Response

摘要: 依托于数字技术与金融行业的深度融合，数字金融作为助推实体经济高质量发展的新兴产物对经济社会与企业经营管理产生了重要影响。基于数字经济的背景下，文章以2011~2021年中国A股非金融类上市公司数据为研究样本，实证检验了数字金融对审计师行为的影响，以及分析师关注的调节效应。结果表明，数字金融通过增加审计投入与研发投入显著促进审计费用水平，而分析师关注能够弱化数字金融对审计收费的正向影响。经过稳健性检验后，研究结论仍然成立。进一步研究发现，在数字金融的覆盖广度、使用深度、数字化程度的维度下，分析师关注的抑制性调节作用仍显著存在，异质性检验表明，数字金融提高审计费用的作用在东部及中部地区更大。研究结果既丰富了审计费用影响因素的研究，又为审计师的行为决策提供了新的启示。

Abstract: Leveraging the deep integration of digital technology and the financial industry, digital finance—as an emerging product driving the high-quality development of the real economy—has exerted significant impacts on economic and social development as well as corporate management. Against the backdrop of the digital economy, this study employs data from non-financial listed companies on China’s A-share market from 2011 to 2021 to empirically examine the effects of digital finance on auditor behavior and the moderating role of analyst attention. Results indicate that digital finance significantly elevates audit fee levels by increasing audit and R&D expenditures, while analyst attention moderates this positive effect. These findings remain robust after stability tests. Further analysis reveals that analyst’s attention inhibitory moderating role persists across dimensions of digital finance coverage breadth, usage depth, and digitalization level. Heterogeneity tests show that digital finance’s audit fee-increasing effect is stronger in eastern and central regions. These findings enrich the literature on factors influencing audit fees and offer new insights for auditors’ behavioral decision-making.