Research On The Financial Restatements Problem Based On The Motivation Of Earnings Management

China’s listed companies’ inancial restatement issues is an important part of improving the information disclosure system, the financial restatement is not a simple accounting error correction.The restatement company lurking behind many business management issues, including incentives to manage earnings is to promote the earnings.Affirmed the earnings management as the primary means of promoting financial restatement occurs, the financial restatement announcements in accordance with the disclosure of the willingness and the importance of the content the meticulous division, to find the principal contradiction. The emergence of the financial restatement announcements marked the quality of listed companies exist more or less,how to distinguish between serious nature, the negative impact of large groups are the key issues to suppress the phenomenon of financial restatements.The occurrence of financial restatements behavior will usually bring the capital market a series of adverse economic consequences, in order to ensure the orderly development of capital market in the true and reliable, announced accounting information disclosure platform to stimulate the investment enthusiasm of information users, the constraints of the financial restatement behavioris very important. But "no one is perfect not to mention accounting information the final presentation is the result of requiring the joint efforts of all staff, which is more reliable presentation of the difficulty, so for now may be a good solution" ncounter ". After all, the each restatement specific characteristics are not the same, we must analyze specific issues to a conclusion Combing through previous scholars about the financial restatement research new perspective as a starting point to explore earnings management analysis and varied type of financial restatements, and then restated financial classification research.2007-2011Annual Report restated company is selected as the study sample, the financial restatement restated in accordance with the disclosure willingness divided into active and passive restated restated in accordance with the importance of involving content is divided into core restatement and non-core, logistic model empirical analysis of earnings management on the impact of the financial restatement type different. The empirical results show that the higher the level of earnings management company financial restatement occurs more involved and passive restatement restatement of the core content, which also shows such restatement company behind the incentives to manage earnings, management earnings manipulation wanton behavior that led to different financial restatement announcements. The empirical results also illustrate the the Restatement of different types of company in terms of corporate governance characteristics and audit features are very different, the whole core restated more worthy of our attention. Based on the empirical results, this paper proposes the corresponding policy recommendations to increase in all aspects of management to better improve the financial restatement system, reduce the incidence of financial restatements.