The Empirical Research On Characteristic Of Accounting Estimate Manipulation In Chinese Listed Company

In order to manifest the company benefit and realize correlationgoal, listed companies continuously cast about to manipulate profit and sugar up the financial statements taking each kind of measures. In recent years, after making use of affiliated transactions and debtrestructuring is restricted, accounting estimate-one newer method of profit adjustment is used by more and more listed companies. Because accounting estimate is enterprise's judgement on transactions or matters which results are uncertain based the recent information available, so the measure and modifying of accounting estimatehave a lot of subjectivity; also the outside personnel with asymmetric information about the company situations, cannot well supervising the rationality of accounting estimate made by listed companies. Therefore,accounting estimate gradually become china's listed companies manipulation tool. In order to solve the following questions : whether China's listed companies has obvious manipulation suspicion using accounting estimate ; which kind of companies are most suspected; how do China'listed companies using accounting estimate; whether China's listed companies using two or more accounting estimate at the same time; how do registered accountants supervision these actions; the link of engage another accounting firms and accounting estimate change. This article using standardizing research and empirical studies analyse China's listed companies manipulation characteristc of accounting estimate.In china , hardly any listed companies alone throw daylight on modifying of asset devalue preparative, so we cannot explicitly obtain the specific effects of the modifying on profit. Further more, there are many research literatures on asset devalue preparative, they are also quite mature, The focus of this paper is the empirical research of uses of other accounting estimate change in china's listed companies. Empirical study choose the financial statements which disclose the items and effect of changing accounting estimate from shanghai listed companies 2002-2006 Annual financial statements, gathering and collating related information.Separately analyzed the using situation of special companies on accounting estimate and other companies on accounting estimate, and special companies include companies that have the financing tendency, companies that first loss, companies that consecutive losses, companies that become surplus from loss. According to empirical research findings, puts forward some improvement measure and policy proposals.