Impairment of Assets and the Manipulated Profits of Listed Companies-From the Evidence of the Lost Listed Companies

摘要

This paper takes the asset impairment of the A-share loss listed companies during 2001-2005 for the study, and discusses the relationship during the provision and its return for impairment of assets, and profits manipulation in listed companies. The study's results show that: In order to keep the Valuable "Shell Resources", the lost listed companies use of the provision for impairment of assets and its return to manipulate profits to meet the control requirements. And the results provide empirical support for changes of the accounting standards, "corporate accounting standards No. 8 - Impairment of Assets", which says that the prepared Provision of impairment of assets can not be returned back.