* ST Mall Earnings Management Case Study

From a macro point of view, the existence of earnings management behavior directly concerns the interests of investors, capital market stability and efficient allocation of social resources; From microcosmic point of view, the surplus management to a certain extent, can rise to smooth profits, the role of the financial statements of the whitewash, to enhance enterprise investor confidence, realize the goal of enterprise management has certain positive meaning, but also makes the distortion of accounting information quality is not conducive to the long-term development of listed companies. Therefore, in the past 20 years, the earnings management behavior of listed companies have been the focus of related scholars. However, because of on the formulation of accounting standards for enterprises to choose and incomplete delisting policy, coupled with the earnings management behavior has the characteristics of "concealment", leading to the degree to which specific earnings management of listed companies related scholars ambiguity exists in the research.By analyzing the case of * ST mall as in 2014, the revised accounting standards and delisting new policy as the background, on the basis of the existing theoretical research, combining all accrued profit model to calculate the degree of earnings management of the enterprise, further study of earnings management motivation, * ST mall specific means of earnings management, and explore the new accounting standards and delisting policy is to provide new opportunities for the surplus management behavior, on the basis of the analysis of the economic consequences of earnings management behavior, and to promote the development of * ST mall, and even the entire capital market healthy and orderly development of the related Suggestions are put forward.Thesis research found that: first, all accrued under the profit model * ST Mall existence of earnings management behavior; second, new accounting standards and delisting policy does to a certain extent provide new opportunities for earnings management behavior * ST Mall, its earnings management behavior provides legal and reasonable means; and third, the government should be under the new capital market environment, considering the pros and cons related policies, to develop a reasonable accounting standards, effective prevention of earnings management behavior, investors and creditors should improve the quality of listed companies profit ability to identify external and independent audit of force should be strengthened vocational skills, really play a role in supervision.