The reasons for restated financial statements and the information content of earnings category Study of the Relationship

• Main Authors: WenChi-Ho, 何雯琪
• Other Authors: Shaio Yan Huang
• Format: Others
• Language: zh-TW
• Published: 2011
• Online Access: http://ndltd.ncl.edu.tw/handle/06342877143015044671

碩士 === 國立中正大學 === 會計與資訊科技研究所 === 99 === Financial statements are used to view the credibility of financial statements in case of restatement event, drawing attention to the serious consequence of restatement, not only for companies but also for society at large. This paper studies when the event announced whether the restated financial statements will impact the investment market, and to explore whether there are abnormal returns from market. Empirical results show that when the restated financial statements have significant information content; mandatory restate of the information content of the information over their own content to restated the obvious, but no significant difference between the two. Voluntary under the restated financial statements, restated the reasons for the different, the information content of different, no significant response to empirical results, mandatory under the restated financial statements, restated the reasons for the different, the information content of various, among which 17 major categories and CPA update views more significant to verify whether investors attach importance to corporate compliance requirements.