Earnings Management Of Listed Companies In China Asset Impairment Policy

Asset impairment policy has both positive and negative side, reasonable use can improve the quality of accounting information reliability and correlation, unreasonable use enterprise will use this policy earnings management, reduce the quality of accounting information, thus misleading accounting statements of listed company's financial make wrong judgment. In our country, accounting fraud and the incident occurred frequently accounting fraud of listed company, the social public accounting information released by the degree of confidence lower, improve the quality of accounting information is the parties may jointly formulas used requirements. Long-term assets impairment provision for later can't turn back, this provision does not restrain by manipulating the loss of asset impairment of earnings management phenomenon arising from essence, can improve the quality of accounting information, relevance and reliability issues in accounting in the theory and practice on a heated debate. In this paper, the domestic and foreign relevant research on earnings management review, the relevant theories and researches on the basis of analysis, theoretically analyzed the new accounting standards on earnings management will effect, and then by empirical methods of the assets impainnent provision and turn back, classification, then analysis induction and compare asset impairment and transfer, focus on the basic situation of assets impainnent banned turned the provisions on the objective analysis and comprehensive evaluation. On the other hand, also verify the short-term assets impairment of the listed company apply more extensive, however, because its fluidity stronger wait for a characteristic, listed companies are less likely to use their earnings management behavior. In view of this, the author use specific should plan model testing new enterprise accounting standard respectively for short-term and long-term assets implemented the provision for impairment and earnings management and turning back the relations, and finally through empirical analysis a conclusion that: (1) in the new accounting standard for business enterprises implement previous, the listed company through the provision for short-term assets impairment to signs of earnings management doesn't really evident, and through the provision for long-term assets impairment to signs of earnings management obvious; (2) the new enterprise accounting standards after carrying out, the listed company through the provision for short-term assets impairment and long-term assets impairment to signs of earnings management is not obvious. This fully proved. the implementation of new accounting standards. to be sure, in listed companies by earnings management asset impairment has positive the phenomenon inhibition.