Research On The Earnings Management Of Assets Impairment In Listed Company

With the changes of economic environment and technical conditions, the behavior of listed companies on assets impairment earnings management has been paid more and more attention, and nowdays that has become a hot topic of keen research among lots of scholars. February 15, 2006, China's Ministry of Finance issued the "Accounting Standards for Enterprises No.8 Impairment of Assets", it rules that long-term assets impairment should not be reversed any more, and provides further standardize on our country's asset impairment policies and makes it maturer. Article aims to examine the situation of listed companies before and after the implementation of new accounting standards using the latest data, and make specific empirical research, analysis the results of the new accounting standards. In order to play a certain role in improving asset impairment theory and the specific accounting policies and controlling over earnings management effectively.This paper mainly adopts normative and empirical research methods, examines the relationship between asset impairment and earnings management, on the base of discussing the basic theory of them, and provides a descriptive statistical analysis about the current situation of asset impairment earnings management in listed companies, and uses the specific accrusal model for empirical research, and draws the following conclusions.From the experience date of the year 2005 to 2008, Listed companies are more inclined to extract asset impairment for bad debts, inventory and fixde asset before and after the implement of the new accounting standard. These three assets impairment are applicated more commonly among listed company; The results of multiple regression analysis showed:listed companies tend to use non-current assets impairment such as fixed assets but current assets impairment, in the year 2006. Since the implementation of new accounting standard, the listed companies prefer to use non-current assets impairment. It proves that the effect is remarkable.