RESEARCH ON THE INFLUENCE OF ASSETS IMPAIRMENT CRITERION ON ENTERPRISE EARNINGS MANAGEMENT
Journal Title: Topics in Economics, Business and Management (EBM) - Year 2018, Vol 2, Issue 1
Abstract
Provision for impairment of assets is helpful to reflect the real value of assets objectively, but the accounting information is easy to be distorted to a certain extent because of the arbitrariness of asset impairment preparations’ reversion. And this characteristic of asset impairment preparation is usually grasped by management and uses it to control earnings management. In February 2006, the Ministry of Finance of China promulgated the Accounting Standard for Enterprises No. 8-impairment of assets, which clearly stipulates that once the loss of impairment of assets is confirmed, it will not be allowed to return in the subsequent accounting period. The guidelines were formally implemented on January 1st, 2007.This paper analyzes the financial data of Wuliangye Group Co., Ltd from 2001 to 2013, and probes into the influence of the asset impairment criterion formally implemented on 2007 on the earnings management behavior in Wuliangye Company
Authors and Affiliations
Su Peirong
Keywords
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- EP ID EP411991
- DOI 10.26480/icefs.01.2018.97.99
- Views 85
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