A Research On Relationship Between Accounting Change And Top Managers Change

Financial accounting is to provide users of financial reports for the decision-useful financial information, in order to provide more reliable and relevant financial information, corporate accounting policy changes can be spontaneous. However, driven by the interests, companies sometimes legitimate and reasonable by the accounting change to meet the needs of their own interests, in particular, is a listed company, using the manipulation of accounting changes for the profit situation is particularly serious. Therefore, to explore the dynamic changes in corporate accounting for, find out the root of the problem, standard corporate accounting behavior has important practical significance.Voluntary changes in accounting policies and executive changes are positive accounting theory of the core content of foreign scholars on the issues of accounting for a large number of fruitful. However, these studies largely ignored the inherent characteristics of the countries with economies in transition, and therefore can not explain the transition economies to achieve the purpose of accounting practice. In this context, the paper focuses on changes occurring executives of listed companies in the process of change if there is abuse of the behavior of accounting changes, designed to encourage the management of listed companies, improve corporate governance structure and accounting change in accounting guidelines to strengthen the securities market to provide a meaningful reference for external supervision.This article first choice and executives of accounting defines the concept and are classified from an accounting policy, accounting policy choice of the concept of environmental analysis and executives, senior management defined the concepts were introduced, followed by introduction of the principal-agent theory, motivation theory, asymmetric information, selective disclosure of false financial theory and economic consequences of such theories summed up the motivation of executives of accounting change, the next change of senior management and accounting changes of status of a preliminary description, draw, due to of external supervision and the gradual improvement of corporate governance, company executives more cautious change, the behavior of accounting changes focus on changes in accounting estimates. Finally, to illustrate the changes in senior management and accounting changes the relationship between the linear regression model is introduced to screen out the 2007-2009 sample of voluntary accounting changes, and then divided into executive and non-binding binding Replacement Replacement and the executives did not replace both sub-samples, with the direction of voluntary accounting changes, executive changes come after the empirical accompanied by the fact that profit manipulation. Finally, it is as listed companies are summarized in the internal management mechanisms and inadequate monitoring of external audit deficiencies, the use of accounting change was a result of the means to adjust the profits. The impact on corporate governance in China Mechanism and the accounting choices to make suggestions to make available to users of financial statements more relevant financial information, and reliable.