Financial Restatement Of Our Country Listed Company And It's Perfection

Listed company's financial restatement namely important accounting errors correcting is one of the widespread and existent problem in the international community capital market. The financial restatement is a accounting method for tracing back to adjust and re-publishing to the profit and loss of a company in past period. Owing to good enough to constitute a graveness influence to the companies history profit and loss conditions, and change accomplishment trend, then influence investor decision, and cause the violent motion of stock price. Therefore, the listed company should avoid the occurrence of the financial restatement as far as possible. But the relevant research express, since 2001 the financial restatement in 10% or so listed company in our country every year, and minor faults mostly exist among them. To query concerning the listed company using of financial restatement to manipulate profits hasn't been once letting up.On the basis of the text is discussed in financial restatement current situation , primal problem and the general economic consequence , the paper from two aspects of the financial restatement phenomenon frequency and making use of financial restatement to controll profit and loss , has seen the defect existing in our country listed company financial restatement;At the same time, under the framework of listed companies information disclosure and regulation the listed company's financial repeat conduct a comprehensive investigation will focus on analyzing the financial frequent phenomenon repeat the motive and reason; through the analysis, found that listed companies manipulated the use of financial repeat in profits after other means of draining failure, the failure of corporate governance is the fundamental reason, the Urban market regulation is out of control deficiencies of external causes; This made perfect restate financial measures and proposals, and explicitly pointed out: to strengthen internal management, improve business performance is to prevent the company restated financial manipulation as a fundamental means of profits, accelerate market supervision, promote the construction and function of a sound market repeat manipulation of financial control is an effective move.