An Analysis Of The Reasons Why The Earnings Fluctuation Of Antai Group Is Different From The Industry Situation

With the rapid development of capital market,the number of listed companies is increasing dramatically.For a long time,the government,shareholders,creditors and other stakeholders make decisions through accounting earnings information published by listed companies.But in recent years,there are many false events of accounting information,which make the users of accounting information realize that they should not only pay attention to the quantity of earnings,but also the quality of earnings.Earnings volatility is one of the important dimensions of accounting earnings quality,which reflects the company's performance,profitability,development ability and solvency.Based on this background,this paper takes the 2014-2018 period of Antai group as the main research period,and analyzes the basic reasons that cause the earnings volatility of Antai group different from the industry situation in these five years from the perspective of earnings structure.This paper is divided into five parts.The first part is the introduction,which describes the research background,research significance,literature review,research content,research methods,innovation and shortcomings.The literature review part mainly includes four parts: the review of influencing factors of earnings volatility;the review of earnings volatility and earnings management;the review of earnings management and delisting criteria and the final literature review.The second part is the introduction of the system background and related theoretical basis,mainly including the introduction of delisting criteria,the meaning of earnings volatility,influencing factors and measurement indicators,the meaning,motivation and methods of earnings management.The third part is the introduction of Antai group and the current situation of the industry development,as well as the analysis of the earnings volatility of Antai group.The fourth part is the analysis of the reasons why the earnings volatility of Antai group is abnormal in the industry situation.First of all,from the perspective of earnings composition,it mainly includes two aspects:permanent earnings and temporary earnings to analyze the 2014-2018 earnings data of Antai group vertically and horizontally.The apparent reasons for the abnormal earnings volatility of Antai group in the industry situation are financial expenses and assets,impairment loss,investment income and non operating income;Secondly,it is further pointed out that the above abnormal fluctuation subjects are related to earnings management.The specific way is that the use of non operating funds affects financial expenses,related party transactions affect asset impairment loss,asset replacement affects investment income,government subsidies and debt restructuring affect non operating income.Finally,based on the delisting criteria,it is explained that Antai group avoids being listed temporarily as earnings The basic reason for the volatility is that earnings management frequently turns loss into profit,which causes the fluctuation of earnings.The fifth part is the conclusion and suggestion of the case.The suggestions mainly include the following three aspects: the operation and development of Antai group,the strengthening of corporate governance,the improvement of accounting standards,delisting standards and the strengthening of information disclosure supervision.