Case Study Of ST Non-recurring Profit And Loss Earnings Management

In our country,at present,the concept and disclosure system of non-recurring profit and loss is not perfect,and there is a delisting system,the current concept of non-recurring profit and the stock exchange rules as amended by the exchange*ST company to relax the conditions quota-non-recurring profit and loss indicators make any request,but if*ST company was unsuccessful pull cap was suspended from listing to resume listing is subject to stringent requirements,including non-net profit deduction is positive.The difference between before and after,coupled with the extraordinary operability of non-recurring gains and losses make it a top priority for*STs earnings management.*ST companies operating non-recurring profit and loss earnings management behavior not only affects the investors to understand the report correctly,and make scientific investment decisions in the long run will lead to the stock market there are some "dead undead" businesses,affecting the capital market Efficiency and healthy development.L company as a case study to reveal the company to take advantage of non-recurring gains and losses turnaround behavior,to show investors,the public,government departments and various stakeholders of listed companies using non-recurring gains and losses for earnings management specific Ways and means for investors to identify non-recurring gains and losses of earnings management to provide specific cases to introduce a more vivid way of identification,and based on the contents of the study put forward to curb this behavior related recommendations and insights.It has both theoretical and practical significance for enterprise regulation,law making,investor protection and improvement of enterprise management.Taking L company as an example,using case analysis and literature research methods,on the one hand,this paper gives a theoretical explanation of earnings management behavior,introduces the concept definition and project composition of non-recurring gains and losses at home and abroad,summarizes the previous changes,To provide theoretical basis for the analysis of L company's non-recurring profit and loss earnings management behavior.On the other hand,in the case part,L company which took earnings management non-recurring gains and successfully took cap was compared with that before and after the earnings management Indicators,its impact on the evaluation.The analysis shows that ST has the motive of earnings management in the face of the delisting crisis.However,however,it can only serve as a temporary mitigation strategy,but in essence,it cannot make the operation of the enterprise be affected by the long-term positive impact,and it cannot get rid of it from the financial mire.Finally,according to the research results,the paper gives the feasible Suggestions on the earnings management of ST company through non-recurring profit and loss.