With the development of economy in our country, earnings management of listed companies presents an increasing trend in recent years. However, excessive earnings management will lead to the distortion of accounting information and is harmful to the long-term development of a company.The share of real estate investment in total social fixed asset investment and GDP is growing year by year. Real estate is becoming an important industry to promote the growth of economy. The development of the real estate industry is closely connected with the financial markets; the financial accounting standard will also have an effect on the national financial security.The purpose of this research is not only to protect the economic interests of the investors or to remind them of making decisions solely based on the traditional profit index. More importantly, it focuses on the comprehensive results. On the other hand, it is to promote the long-term stable development of the real estate listed companies, and to regular their behavior of earnings managements also very important. At the same time, the earnings management of real estate industry is also conducive to the optimization allocation function of securities market resources and ensures the healthy development of securities market. |