Background Of Property Rights,earnings Management And Audit Opinion

Considering the factors such as meeting the listing conditions and realizing the rights issue,the management of the company may modify and beautify the financial information of enterprises through the implementation of earnings management.Due to the problem of information asymmetry and the existence of principal-agent,most financial statement users can't rely on their own behaviors to effectively identify earnings management behaviors in financial reports disclosed by listed companies.Therefore,it is necessary to rely on the auditor to publish the audit opinion,and make reasonable assurance of the true fairness of its accounting information.An effective audit should be able to detect the accounting earnings manipulation behavior of the enterprise during the audit process.,and reflected it by the way of proper audit appraisal.At present,the way of accounting surplus control of listed companies,generally believed that there are three types :items,real activities and categorical changes.Among them,the ultimate purpose of accounting surplus control of accrued items and real activities is using the optional space of accounting policy or the controllable range of cost to change the overall net profit level of the current period;and the purpose of implementation classification change earnings management,is to expected the profit structure of the enterprise by adjusting the accounting items of non-recurring profit and loss items,basis on not changing the overall net profit level of the enterprise.In this paper,from the perspective of auditor's ability to control the behavior of earnings in three different ways,to discussion on the relationship between the extent of accounting earnings information manipulation and the type of auditor's opinion in a more comprehensive.Thinking account the differences in motivation,mode and degree of earnings management in different property rights background enterprises in China,this paper studies the heterogeneity of the relationship between three types of earnings management and audit opinion types under different property rights further.Research findings:It is more common for non-state-owned listed companies to achieve the expected surplus target through accounting surplus control than state-owned listed enterprises,and the difference is mainly reflected in the accrual project and real activity earnings management that change the overall profit level of the enterprise.The background of property right has little effect on whether the enterprise has changed the profit management and the degree of implementation.The auditor can find out the three types of surplus information manipulation components in the audit of financial statements,and reflected appropriate audit opinion according to the degree of implementation at the same time,In addition,the background of property right listed companies has a certain negative regulating effect on the degree of manipulation of accounting surplus of the three types and the possibility of non-standard audit opinions.This regulation effect is more significant in the relationship between the accrual project and the real activity earnings management and audit opinion that change the overall profit level of the enterprise.Finally,this paper puts forward relevant policy Suggestions from the Angle of strengthening accounting,auditing supervision system,optimizing market environment and promoting fair competition.