The Research On Fair Value Measurement Earnings Management And Internal Control Self Assessment

Fair value has always been the focus point and hot issue in the field of accounting. February15th,2006, China promulgated the new accounting standard, compared with the previous one,one of the biggest highlights of the new accounting standards is the re-introduction of the fair value. This action triggered a lively discussion about the fair value. One view is that, the proper using of fair value can enhance the correlation of accounting information and reduce the space of earnings management.Another view is that, the confirmation of the fair value is greatly influenced by human factors, so the fair value can be widely used in the earnings management in enterprise.This article will use the method which combined with the specification and empirical to research the earnings management issues that based on fair value. First of all, the research literatures about fair value and earnings management both at home and abroad are collected and summarized, which is to determine the idea and method of this article. Secondly, According to the motivation, the way of earnings management and the application of fair value in new standard in China’s listed companies, this article theoretically analyzes fair value of the listed companies in China how to influence the earnings management. Thirdly, the samples which may have the earnings management are selected from Shanghai Stock Exchange Shenzhen Stock Exchange, hypothesis of this study is proposed and the model is constructed. I use the correlation analysis, regression analysis method to test the proposed hypothesis and demonstration. Fourthly, I have provided the design of fair value measurements’internal control self-assessment upon the base of accurately grasping the connotation in internal control self-assessment. Finally, I have provided related policy suggestions.