Study On The Profit Quality Of The Listed Company Under The Current Accounting Standards

In recent years, market economy has developed rapidly in China and the competition among listed companies is increasingly fierce. The authenticity and impartiality of the financial reports which are provided by listed companies, is directly related to the interests of the companies' stakeholder. Therefore, the listed companies' profit quality becomes the focus of public attention.On February 15, 2006, our country issued the new Accounting Standard and required the listed companies put the new Accounting Standard into effect since January 1, 2007. The new Accounting Standard fully absorbed the international accounting practices. And the original system made a great adjustment. The accounting policy and accounting method in the new Accounting Standard is in accordance with the international Accounting Standard. Under the current system of Accounting Standards, the concept and measurement of assets, the concept and identifying of profit and measurement of profit have changed a lot. Then these changes will have greatly impact on profit quality, thus the analysis of listed companies' profit quality is very necessary.In this thesis, standardized method is adopted. At the beginning, this thesis summarized the concept of the quality and the quality of profit on the basis of the present Accounting Standards. Then this thesis introduced the feature and influential factors of the quality of profit. After that, this thesis elaborated the characteristics of the current Accounting Standards in the aspect of profit, then analyzed the present situation and existing problems of the listed companies' profit quality on the current system of Accounting Standards. And the actual case of the listed company was illustrated. Finally, this thesis put forward to some suggestions and strategies, in order to improve the quality of profit of the listed companies on the basis of preceding analysis.