Glossing Of Financial Statements By Listed Companies And Administration

As an important capital market, stock market has played enormous influences on development model and management model of enterprises worldwide and made enterprises to win capital that development need without the long primitive accumulation. However, from the day of its birth, participants have been perplexed by false accounting information of stock market. False accounting information makes the resource distribution of the stock market lose efficiency and investors suffer a loss. From the incident of the South China Sea Company of Britain in 1720, the western developed countries have been renovating the false accounting information by constantly perfecting accounting system. Though the result is remarkable, it has not totally prevented false accounting information. In 2001, the emergence of the Enron Corp incident made various countries reconsider the behavior that the listed company releases false accounting information. The fact proves the listed company has still found the space that the accountant practiced fraud even though accounting laws and regulations are constantly perfect. The stock market of China has already been developed for 14 years. Meanwhile, the false accounting information problem in the stock market is not solved. The false accounting information of our country's stock market has its own characteristics, which reflects in the financial report that enterprises reveal publicly finally, I call it financial statement glossing. This kind of behavior of the listed company has influenced accounting information quality and endangers the sincerity on the stock market and certified accountant trade; it made the stock market tend towards collapsing, too. It is high time to manage the listed company's behavior of glossing over financial statement. The purpose of this text is to give administrative department some reference and suggestions though the research of means of Chinese listed company glossed financial statement.This text has four chapters: Chapter one defines the financial statement and financial statement gloss, it offers the foundation to analyze behind though summarize current situation and administration measures of financial statement gloss; Chapter two analyses the methods of financial statement gloss of Chinese listed company through the one-one case explanation; Chapter three studies the reason of financial statement gloss of Chinese listed company, these reasons include direct purpose, inside deep reason analysis and environmental analysis of external economy and so on.; Chapter four gives measures to resolve the problem of financial statement gloss including perfection of administration structure of listed company, improvement of Chinese listed company's inside controls ,the right assigning ,accounting law and information announcing system, certified accountant's system, judicial supervision and so on.