Earnings Management Study Of The Events Of St Length Control The Reorganization Of Assets

For the sake of maximum effectiveness and value, the enterprises managers take accounting decisions in the scope of established accounting criteria. We refer to this disclosure of accounting information, a management activity, as earning management. Through studying the assets reorganization of ST Changkong, the dissertation expands the implications of earning management, depicts the motive, means and harm of excessive earning management and provides suggestions to prevent excessive earning management of listed corporation.The dissertation is divided into 5 parts:Part one - Introduction: It depicts the background, objective, content, critical problem, thinking method and creative idea.Part two - General Review: It introduces the concept, basic features, studying presence home and abroad, tactics and means, influence of earning management.In part three, the dissertation introduces the processing of assets reorganization of ST Changkong, who started assets reorganization in 2000. Due to non-substantial assets reorganization, ST Changkong suffered huge losses and faced the risk of quitting from the stock market in 2001 and 2002. After analyzing the operational situation and accounting index over the years, we can find that ST Changkong implemented the earning management within the non-current gain and losses items.In part four, the dissertation analyzes the motive, means and influence of earning management of ST Changkong. Combining the practical situation of earning management of Chinese listed corporation, the dissertation analyzes the detailed motive and means of earning management of ST Changkong, and infers the negative influence to enterprises from the untrue accounting information.Part five - Countermeasures and Suggestion: The excessive earning management of listed corporation results in untruthful accounting information, thus brings about the negative influence to the resources distribution in the stock market. In the last part, the dissertation provides the countermeasures and suggestion in terms of accounting criteria, securities supervision system, corporation governance and independence of the medium...