Research On Earnings Management Of Software Information Service Industry From The Perspective Of Asset Impairment

With the development of capital market for decades,accounting standards have played an important role in the balanced development of financial market,the optimization of economic structure and the optimization of resource allocation.However,the expanding scale of capital market has increased the difficulty of national supervision of capital market and created opportunities for earnings management.With the appearance of "Internet plus",the service items have been expanded and updated,making the software information service industry enter a new development period.In 2006,China revised and revised the detailed rules of asset impairment,which provided a more detailed description of the provision and reversal of asset impairment and restrained the behavior of enterprises in using asset impairment for earnings management.However,due to the update and expansion of new business,the software information service industry has no clear basis for the provision or reversal of some assets.When dealing with the impairment of these assets Accountants need to judge whether the assets are impaired or not according to their working experience and professional knowledge.Along with that,many enterprises use the impairment of short-term assets to manipulate profits to achieve the purpose of earnings management.On the basis of combing and summarizing the original literature,this paper uses the combination of case analysis and empirical analysis to study the impact of asset impairment of software information service industry on earnings management in the seven years of 2012-2018.Based on the theoretical analysis of asset devaluation and earnings management of software information service industry,two basic hypotheses are put forward,and on the basis of the Jones model extended and modified by Lu Jianqiao,new explanatory variables,interpreted variables and control variables are established,and the regression model in line with the industry is constructed and multiple regression analysis is conducted.The results show that there are different degrees of earnings management in the software information service industry,and there is a significant correlation between the ratio of net provision for asset impairment and the degree of earnings management.The case analysis mainly starts with the relevant financial indicators of Tianxia Smart City Technology Co.,Ltd.,analyzes the correlation between asset impairment and earnings management by comparing the sample data of enterprise asset impairment and net profit horizontally and vertically,and analyzes whether there is earnings management phenomenon in the enterprise by comparing the data of net profit and non net profit deduction.The results show that asset impairment has an impact on the net profit of the enterprise,and the fluctuation of asset impairment of the enterprise has the use of earnings management as an "invisible hand" to regulate the net profit of the enterprise.Finally,according to the development status of the industry and the conclusions of empirical research and case analysis,some policy suggestions are put forward for asset impairment and earnings management from the perspective of enterprises,industry and market.