Empirical Research on Listed Companies Use Assets Impairment to Manipulate the Earnings

With the data from 2005 to 2008 of Ancai Group and Panasonic Wanbao, this study conduct an empirical study on impairment of assets is adopted by loss listed companies as a tool for profit manipulation before and after the use of asset impairment accounting standards. After the new Accounting Standards operated, impairment assets is still one of the important ways for loss listed companies to manipulate the earnings. So I study earnings management of listed companies from the perspective of asset impairment. And put forward the related corrective actions.