Companies' Earnings Quality And Relevant Accounting Problems Study

Public-listed companies are elements of the Securities Market. The indexes of public-listed companies' performance have an important effect on Securities Market. At present, indexes for enterprising the public-listed companies' performance are return of equity, earnings per share, net asset per share. Public investors don't quite understand earnings quality, which partly induces many public-listed companies to control their book earnings and disorder the Securities Market. The writer holds that we should attach great importance to earnings quality besides previous indexes in order to evaluate the public-listed companies' performance in a greater extent.At first, the writer reviews achievement inland and abroad and puts forward her assumption. The economic nature will be illustrated better by the book earnings, through the unification of accounting earnings and economy earnings as well as the absorption of the reasonable meanings of economy earnings. Then the writer presents the relevant concept of earnings quality and analyzes the factors influencing earnings quality of public-listed companies such as accounting policy, managing structure of company, affiliated enterprise dealings and other factors. In the part of theory research, starting with detecting the negative signals, the writer analyzes earnings quality on the qualitative and quantitative aspects, such as accounting policy, earnings structure and cashing ability. In the part of application analyses, Sichuan Changhong is chosen as a representative case to apply and expatiate on the method. The writer analyzes its earnings quality from the above-mentioned aspects. At the end of the dissertation, the writer summarizes the dissertation and gives some suggestions to the departments related. The writer suggests some efficient methods to improve earnings quality, such as amending accounting rules, strengthening agencies' supervision, improving public-listed companies' self-discipline.