Research On The Space Of Earnings Management In China 's Biological Assets Accounting Standards

How to confirm, measurement and disclosure, the reasonable allocation of agricultural resources has a very significant impact. Listed companies exist earning management phenomenon generally by accounting standard of biological assets, if the opportunism of the operator using the our country accounting standards of vulnerability, it is easy to hand out to financial institutions, with one hand to grab a wealth of capital markets and then. So how to further improve the biological assets accounting rules、space constraints, surplus management has become the key problems of the accounting practice circle and the theoretical circle need urgent to solve.The research of this article is based on the research background, from the perspective of earnings management to our country accounting standard of biological assets about the consumption of biological assets by the relevant provisions of the existing problems discussed emphatically. Firstly, we Selected 26 agricultural listed companies as samples in this paper, and based on the related data of its annual report on biological assets in our country accounting standards, in the sample company of consumptive biological assets the confirm, measurement and disclosure three aspects of the implementation of the statistics and analysis, and from the current situation of the implementation of biological assets accounting standards, analyze the principles may provide a space for earnings management; Secondly, We selected the company of ZONECO as the specific case for this paper, the relevant data of the case company since the listing until 2014 were analyzed separately from the general situation from the general situation, Respectively from the selection of cases, the ZONECO’s background, the use of biological assets in our country accounting standards on earnings management behavior three aspects to the actual test cases biological assets in our country accounting standards of earnings management in the company’s day-to-day business activities provide the space of possibilities. The study found that China’s biological assets accounting standards in a consumption of biological assets recognition, measurement and information disclosure of three aspects of the provisions of the existence of deficiencies, mainly reflected in the following aspects: 1.classification is not clear increase space for earnings management; 2.the unity of the historical cost measurement, impairment on the basis of fuzzy to expand the space for earnings management; 3.relating to the information disclosure problems convenient earnings management. At the same time, the imperfect corporate governance, the imperfection of external supervision is the important cause of earnings management space.I hope that through this study, to our country agriculture listing Corporation and investors sounded the alarm; in order to improve the biological assets accounting standards in China provide the basis for the existence of space constraints on earnings management.