Impairment Of Assets Of Listed Companies In China

Along with the deepening of the process of the market and more flexible accounting standards implementation, Have China's listed companies adopted the accounting policy choices to achieve a specific purpose act? In other words, when the opportunity exists accounting choices, Have China's listed companies adopted earnings management? The New Accounting Standards which was implemented from 1997 made major adjustments in many respects, especially on asset impairment criteria for a comprehensive revision and improvement. An important question is: new guidelines for the implementation of asset impairment accounting practice really realized Accounting Standards makers mind? Can New guidelines for impairment induces large amount back to, and leads to some "hidden profits" of the industry and related companies may impairment in 2006 will be ready to surprise on these issues - is that this the topics motives.The full text is divided into five parts. In the first part, the author has introduced the country's listed companies to issue asset impairment research background, and related literature review, the full text of the analysis for the study laid the basis. Part II introduced the impairment of assets related content and theoretical basis. These theories help us form visual impairment of assets detailed understanding, grasp the real economic asset impairment. The third part of the surplus management theory was analyzed on the connotation of earnings management, management of listed companies in China's surplus Cause Analysis and concrete manifestation of the end of a typical case of earnings management was discussed. Part V with China's national conditions, analyzed the new guidelines in the implementation of asset impairment facing problems, and proposed relevant policy recommendations.