The Public Company Accounting Earnings Research Impact On Share Prices

In recent years, China’s securities market has experienced a sharp volatility, since the first quarter of 2015, the stock market soared to more than five thousand points, after falling rapidly, the stock market has not yet returned to five thousand points, many retail investors locked in, the author thinks that the cause of this phenomenon is due to information asymmetry and most retail itself does not have the recognition of relevant information, the ability oflearning and understanding.In order to analyze the a-share market in the earnings information in the enterprise disclosure of accounting information and stock price fluctuation, the relationship between the author selected the a-share motherboard of B shares on the market, and the H shares of the company as sample, the disclosure of accounting information in the audit report is analyzed, in the selection of samples, the main selection standards issued by certified public accountants audit the company as sample, due to the third party intermediary intervention can improve the credibility of financial information, eliminate non-standard audit report, can remove part of the real data, improve the credibility of the data. Through the use of accounting data express correlation analysis method, empirical pre-tax accounting profit index than after-tax profit index and the stock price has more relevance, but in some cases, will be affected by the industry, so different industry present situation.Of registration system was introduced in December 2015, the securities and futures commission, thus it can be seen that the reform direction of national policy is reducing administrative decentralization, so the third party intermediary institutions will be more important responsibility, the China securities regulatory commission will change the direction of review, from the main supervision beforehand to strengthen supervision, after suggesting that the masses of people to learn how to use the third party intermediary institutions issued by the relevant report to judgement of the situation of the listed company, the registration system of the launch of the mean, there will be a large number of companies to enter the capital market, with the increase in the number of listed companies, it may appear the good and bad are intermingled now so people themselves should improve their own comprehensive quality, to protect their own property interest from harm. In this paper, the starting point is to help people find favor in the information disclosed by the listed company’s information.