An Study Of Oual I Ty Of Account I Ng Earn L Ngs Based On Corporate F I Nance Governance

Since the late20th century, developed countries in Europe and the United States occurred in a series of financial fraud and financial scandal, the Asian developing countries have also experienced financial crises, and these events the finger of blame are pointing the same question, that is, accounting profits quality problems. In recent years, accounting fraud, financial misrepresentation, transfer of benefits, illegal related transactions, occupation and other phenomena of interest occur frequently, the quality of the accounting profits of listed companies can not to guarantee.The merits of the quality of the accounting profits of listed companies have a very close relationship with the company’s financial governance. Especially in the external market constraints of the listed companies in China, the internal structure of checks and balances, and the company management system there is the case of a serious principal-agent relationship, the internal terms of imbalance,"internal control" has become a fairly common phenomenon, manifested as The lack of restrictions and constraints of the various Stakeholders in the flow and partition of the property rights, large shareholders holding the right to abuse, decision-making casual operators, risk prevention and awareness. The recovery of their source, are caused by imperfect financial governance structure within the enterprise oversight, checks and balances the consequences of failure. Financial governance can effectively curb excessive investment and significantly reduce audit risk, reduce the probability of financial restatements, and attract the attention of securities analysts to effectively improve the quality of the accounting profit.Therefore, accurate, comprehensive and objective evaluation of the quality of accounting profits and financial governance of listed companies has become urgent, especially in evaluation the quality of corporate profits in financial governance point of view, more objectively, accurately reflect the true level of profits, and interests related decision-making reference.This paper first describes the basic theory of the company’s financial management and accounting profit quality. Then, in based on correlation analysis of the company’s financial management and accounting profit quality. Secondly, the evaluation method from the traditional profit and accounting profit quality of financial governance index method research company analysis and evaluation system. China Railway and China Railway built for the study, the use of accounting profit quality evaluation system to evaluate the quality of both the accounting profit. Finally, under the direction of development of the financial governance of listed companies, combined with the actual situation in China, drawing on the successful experience of foreign countries, from both internal and external aspects of the operating mechanism to improve listed companies’ financial control measures and establish a sound internal financial control system, provide a reference for building the financial governance initiatives for listed companies in China.