| Summary: | 碩士 === 國立彰化師範大學 === 會計學系 === 102 === In recent years, many companies restated financial statement frequently, affecting the usefulness of the financial statements seriously and the public trust, making people doubted the quality of financial statements. Therefore, the issues of restatement have caused the attention of accountants, banks and regulatory authorities. Current literature of financial restatement indicated that companies are more likely to switch auditors when the financial restatement occurs. This paper further explored the quality of financial statement after changing auditor accompanied by restating financial statements. Furthermore, this paper discusses that whether the switching style of auditor affect the quality of financial statement. The empirical results show that companies which restated financial statements replacing the current auditor will improve the quality of financial statements. Additionally, the switching style of the auditor will affect the quality of the financial statements. When company switched the non-big four auditors to the Big Four auditors and switched from the Big Four auditors to another big four auditors the quality of financial statements is improved.
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