A Case Study On Earnings Management Of Listed Company W

The capital market of our country,promoted by various government policies and domestic economic development policies,presents a prosperous scene.Agriculture is a strategic industry that is stable and stable in the world.It is the backbone of national economy development,is the guarantee of people's life stability,promote the progress and development of the whole society.At present,the overall profitability of agricultural listed companies in China is general,and the phenomenon of earnings management is widespread,the existence of earnings management,it is an uneconomical and reality way for managers to make expected financial statements.Because of the characteristics of the industry itself,the management achievements of agricultural listed companies are complicated in accounting recognition,measurement and disclosure.On the one hand,the main sources of non-recurrent profits and losses of agricultural listed companies and the important part of profits depend on the various levels of government subsidies to agricultural listed companies.These factors provide broad space and possibility for earnings management.But it's important to note that,the quality of accounting information of agricultural listed companies is increasingly affected by earnings management,which induces investors to make inaccurate investment decisions.At present,the problem of earnings management in rural listed management companies can not be ignored,the solution is yet to be solved.This paper adopts the case study method,takes W agricultural listed company as the case study object,due to the two consecutive years of losses in 2014 and 2015,the company has strong motive of earnings management in 2016.Based on the perspective of earnings management,this paper analyzes and studies the earnings management of W agricultural listed companies.Firstly,the domestic and foreign research status is systematically reviewed,defines the related concepts of enterprise earnings management,and on the basis of existing relevanttheoretical research,based on the relevant financial data and information,this paper first analyzes whether the W listed company carries on the earnings management,and then calculates the W listing by the total accrual profit model.The degree of earnings management,the motivation and specific means of earnings management of W listed companies are analyzed,and the economic consequences of earnings management behavior of W listed companies are analyzed.Through the case study of earnings management of W listed companies,the author puts forward the corresponding management suggestions and preventive measures from various angles,and gets some enlightenment.The results of this study are as follows: First,under the model of total accrual profit,W listed company has earnings management behavior;Second,W listed company mainly through the asset impairment——Biological assets,related party transactions and non-recurring profit and loss,and other means to carry out earnings management;Third,according to the case of W listed company example analysis,respectively from corporate governance,capital market,social supervision and government governance four levels of enlightenment;Forth,under the condition of a new round of capital market,the government should fully and fully analyze the deficiencies of the existing policies,promulgate scientific accounting standards,strengthen the supervision of agricultural listed companies,and effectively prevent the earnings management behavior of agricultural listed companies.