Research On Earnings Management Of VALIN Group From The Perspective Of Asset Impairment

At present,earnings management of listed companies is very common in the domestic capital market.Under proper and reasonable operation,earnings management can help enterprises adjust their earnings and improve their financial management.However,earnings management beyond a reasonable range will reduce the accuracy and authenticity of accounting information,and can not provide reliable reference value for internal and external accounting information users.On the one hand,distorted accounting information will mislead investors to make irrational investment decisions,resulting in economic losses and financial risks of investors;On the other hand,the absence of true and reliable accounting information will greatly affect the supervision and management of listed companies and the market.This paper combed the domestic and foreign literature and theoretical research on earnings management through asset impairment.On this basis,it selected VALIN group and steel enterprise as the research case,and carried out the research through qualitative and quantitative analysis,standard research method,model test method and case analysis method.At the beginning of the article,the author studies and summarizes the research results of previous scholars,sorts out the correlation between asset impairment and earnings management,and introduces the relevant theoretical basis of asset impairment and earnings management respectively.Secondly,VALIN group and steel listed companies,for example,in combination with VALIN group and steel financial data between 2013-2018,has carried on the detailed study on the earnings management behavior,the several provisions in recent years and go back to the impairment of case analysis,this paper expounds the VALIN group and steel provisions and the impact on the profit situation back assets impairment provision,finally draw the conclusion: the enterprise in order to avoid delisting,use of earnings management to adjust annual profits.At the end of the paper,from the three perspectives of listed companies,accounting standards and regulatory system,some Suggestions are put forward to improve the earnings management behavior of listed companies from the perspective of asset impairment.