The Study On The Influence Of The Disclosure Of Internal Control Defects To The Earning Quality

Before2010, our country has successively promulgated enterprise internal controlguidelines and enterprise internal control basic norms, which has been implementedin listed companies. But the effect is not satisfactory. On April26,2010, the ministry offinance and other five ministries jointly issued the a complete set of internal controlguidelines of companies, which consists of18specific content, application guidance,audit guidelines and evaluation guidelines and so on. On the basis of the guidelines, ourcountry has basically built internal control standard system, which incorporatesinternational advanced experience into our country special national conditions ofenterprise. Then, our country, in the wake of America and Japan, has been the third oneto implement a comprehensive internal audit. To ensure the guidelines can beimplemented smoothly, the CSRC will put internal control construction into the dailyregulation of listed company. The financial department has formulated theimplementation schedule according to the specific situation of the listed companies inChina: first of all, to put the listed company who is listed in the domestic and overseassecurities market at the same time,as the pilot since January1,2011;Then, graduallyexpanding the scope of implementation into the main board in China securitiesmarket,which is relatively mature, such as Shanghai and Shenzhen two main boards,since January1,2012;Lastely, according to the above two steps, thinking of the obviousdifferences from above boards, small and medium-sized plate and the gem will be thefinal field the guidelines apply to, therefore the guidelines should be adjusted andimproved.In this background, this paper mainly studies listed companies to disclose internalcontrol defects and quality of surplus, the body part includes seven modules: First, thepaper expounds this article research background and the selected topic significance;Second, summarized domestic and foreign internal control defects and the earningsquality research literature; Third, elaborated in this paper, we study the relevant theoretical support; Fourth, introduced the present situation and development nowadaysin our country listed companies to disclose internal control defects and analyze reasons;Fifth, design the empirical model and analyzed; Sixth, based on the empirical results toimprove the defects of internal control disclosure of listed companies in our country putforward reasonable Suggestions; Finally, on the basis of this article research conclusionand put forward the future of the limitation of research. On the research methods, thispaper, besides adopting, empirical research is put to be used. literature, the research inthis paper provides a theoretical basis; Empirical model, the integrated use ofdescriptive statistics analysis, correlation analysis, linear regression analysis and otherstatistical analysis method, to verify this hypothesis, and the results were analyzed, andfinally on the basis of the foregoing steps to return to the guidance of the theory, putforward to improve the quality of disclosure of internal control defects and surplus ofpolicy Suggestions, which have the effect of perfecting the information disclosure ofinternal control...