Research On Earnings Management Of Intangible Assets And Internal Control Assessment Of Listed Companies

February 15,2006, the Ministry of Finance issued New Accounting Standards, including a basic standard and 38 specific criteria. Compared with the original accounting system,,great changes had taken place in intangible assets accounting standards, such as the scope of the intangible assets,the recognition,measurement,amortization and so on. These changes had brought great impact to the enterprise.First, compare and analysis the key changes of intangible assets criteria,including:Internal research and development project expenditures should be classified into research and development stage, research expenditures should be included in profit when it occurs, and development expenditures can be part of the capitalization; Intangible asset impairment loss can not be reversed in future accounting periods,if it is recognized; Amortization of intangible assets with finite useful life are no longer confined to straight-line method. There is not only one amortization method,and the amortization period is no longer fixed, etc.Then, analysis of the impact of these changes detailed.Secondly,in this paper,I use the combination of empirical and normative research methods,and study the relationship between intangible assets and corporate earnings.The results showed:After the guidelines change,Intangible contributions to the level of earnings has increased. Criteria for changes bring about earnings management space to some extent.Thirdly, this article analyzes the content of internal control evaluation of intangible assets, and key risk point in intangible asset management process.And proposed control measures related to the risk point.Finally, on the issue of the problems in internal control evaluation of intangible assets, we puts forward some appropriate recommendations.