Huge Asset Impairment: Stable Or Earnings Management? Th

Asset impairment has attracted much attention in both academic and practical fields for a long time. From the beginning of 1998, each accounting system changes almost all related to the impairment of assets.2006 issued the accounting standards for enterprises, assets impairment become modify one of the biggest criteria, which causing the most concern is "impairment of long-term assets, a meter, in fiscal year does not allow reversal", this provision in a certain extent curb the listed companies using asset impairment of earnings management behavior. But even so, the diminution in value meter provided in the process still involves a lot of estimation and judgment, and most liquid assets, impairment of assets after the provision still can be reversed, which makes a lot of companies under the banner of the name of the robustness of profit manipulation.This paper*ST Shanghai Broadband, for example, for the company for many years net profit appeared "two losses in a surplus, the two losses in a surplus of obvious profit manipulation behavior and the overall should accounting profit model proved the existence of the earnings management behavior of; for the company’s asset impairment provision for large then reversed, the author analyzes the impairment of its current assets and non current assets impairment.*ST Shanghai Broadband there is the use of bad debts and inventory of the huge amount of impairment provision and reversal of profit manipulation behavior, with obvious profitability and security shell Zhaimao motivation, the study found. Research results show that the standard of the impairment of assets still has many loopholes, listed companies will still under the banner of the edge ball of accounting standards on earnings management, regulators should this increased supervision.