Empirical Analysis Of Earnings Management In Different Industries Under The New Accounting Standards

Earnings management is still one of the current focuses in the area of accounting academic. With the development of market economy in China, the issue of earnings management in listed companies is more and more obvious. The excessive earnings management can lead to the distortion of accounting information, affect the decision of the accounting information users, harm the healthy development of the market economy of China, in the meantime, it is not beneficial to the long-term development of the listed companies. In the context of slowdown in China, the benefits of earnings management is dwarfed by its drawbacks, so it is imperative to strengthen the management of earnings management. The new accounting standards system is different from the old criteria in many ways. These changes may affect the earnings management in listed companies. Because different industries have different characteristics, the impact of the new accounting standards system on earnings management in different industries may be different.This paper selects 1123 listed companies of shanghai and Shenzhen A shares as samples. According to the commission's industry classification standards, these companies are divided into 25 industries. This paper use the modified Jones model to analyze the impact of new accounting standards in different industries, using the accounting data based on 2005 and 2014, and draw the conclusion:earnings management generally exists in listed companies; The new accounting standards have an impact on all the listed companies in different industries; The impact of earnings management on the corporation in different sectors is not balanced. The degree of the impact is different; The new accounting standards can limit the behavior of earnings management of the majority of the listed companies. This paper analyze the reasons for the growth of earnings management in different sectors based on the changes in new accounting standards system. According to the analysis and research, this paper puts forward its own views and suggestions for the optimization of investment decisions, enterprises, government regulators and accounting standards setting organizations in different industries.