Research On The Disclosure Of Accounting Information In China’s Private Colleges And Universities

In the 1990s, Chinese securities market have grown rapidly,it is changing from small-scale ones to large-scale ones, from lack of standardization to taking shape,which is has an unsubstitutable function in developing China’s economic and social. But there remain concerns about the phenomenon of the earnings manipulation of the listed company occurring often is shaking the trust between investors and companies, testing the credit which is the headstone of capital market, and affecting the broader health of securities market. Therefore,the profit manipulation by the listed companies are intensively studied in the thesis.Firstly, the concept of profit manipulation is defined in the paper. This concept can be used in a broad and a narrow sense,but they are all bringing many non-rational factors to the securities market,which lead to wrong decisions by information users.So the concept of profit manipulation is defined in a broad sense in the thesis. Secondly, the influence of the new accounting standards are studied, this influence has two dimensions:inhibiting the profit manipulation of listed companies and breeding new means of profit manipulation,and this influence is evaluated by an empirical study in this article.Thirdly,the identification of the profit manipulation in listed companies is researched, identification methods mainly includes Accounting data identification, financial index identification,and other identification methods. the motives of profit manipulation are described. Fourthly,The motives have three classifications:Capital market motivation, contractual motivation and other motivation. Finally, this paper put forward the measures to inhibit the profit manipulation from aspects of improving accounting standards, strengthening accounting oversight, increaseing the cost of manipulation, regulating government behavior, and perfecting the corporate governance structure in the company.