The Empirical Study On Linkage Between Earnings Management And Audit Opinion Of The Listed Coporation

In 1990s,there had been a serial of serious accounting frauds of listed companies be exposed such as the Yingguangxia、STliming in home and Macat、Sitong in abroad and so on. These cases had harmed severely the interest of the investors and the healthy development of the social financial capital market. Therefore, these cases absorbed all social circles attention. The account which had been regarded as "economic police" did not correctly point out the problem in the statement in time. With the negligence of duty seriously impaired the independence of the audit, these resulted in crisis of confidence in register account. Whether the register accountants could audit and uncover the accounting fraud of the listed companies is the problem which is an very important and difficult to solve.This article based on whether the register accountants can effectively uncover the earnings management of the listed coporations. Firstly, it put forward to the purpose and significance of this research from the perspective of the age and brought out the theories and knowledge involved in, then reviewed the research situation of the problem in the world. For the better comprehending the relation between earnings management and audit opinion, this article emphasize on its concept, formation, premise and the factor which influence it, then elucidate the impact of the relation and make the theoretic foundation for analysis. In empirical study part, this article combined some theories and proposes that the audit opinion could effectively uncover the earnings management, then collecte the financial data of part of listed companies in Shenzhen stock market during 2004 and 2005.With these data as sample, this article analyzed the relation between earnings management and the audit opinion by descriptive statistics and the model analysis ,and make a conclusion that the propose was correct and the same as the related theory. According to these results, the study put forward some suggestions and point out many limits in the process of study, this will make the certain reference value for some studies in the future.