In relation-based economic systems, political communication is an essential source of value for companies with relations. Recent research has shown that political communication affects on the financial condition of economic enterprise and also the incentives of managers regarding financial reporting. On the other hand, with the competitive situation in the financial markets, many companies go bankrupt and are out of competition. This worries capital owners and other stakeholders, who are looking for ways to predict financial crises to prevent their capital loss. One way is to predict bankruptcy, that is, the continuation of companychr('39')s activities and reviewing the status of other companies. Considering the above points and the effects of risk of continued activity and political communication on companies and their decisions, this study tries to identify the effect of relationship between political communication and risk of continued activity on the relation between audit reporting quality and audit quality of listed companies in Tehran Stock Exchange. For this, 185 companies listed on the Tehran Stock Exchange in the period 2011 to 2018 were examined. To test the research hypotheses, the panel data regression model with fixed effects in estimating the effect of political communication and risk of continued activity on the relation between audit quality and financial reporting quality in the stock market has been used. Estimating the research models showed that audit quality has a positive and significant effect on the quality of financial reporting. Political connections and the risk of continued activity have a negative and significant effect on the quality of financial reporting.