The Possibility on Accounting Manipulation of Private Universities in Taiwan - Study of the Financial Impact From Low Fertility

• Main Authors: YU, DAI-WEI, 余岱薇
• Other Authors: LEE, CHUAN-CHING
• Format: Others
• Language: zh-TW
• Published: 2017
• Online Access: http://ndltd.ncl.edu.tw/handle/06215893148064481333

碩士 === 銘傳大學 === 會計學系碩士在職專班 === 105 === Low fertility is the biggest challenge facing Taiwanese private universities in recent years because the tuition revenue is reducing given fewer students. To cope with the challenge, many private universities are urging government subsidies or raising tuition to maintain the operation. One critical factor to win the government subsidies or apply for tuition hikes is the financial condition of the universities. We use discretionary accrual to study whether private universities will take the action of accounting manipulation in response to the reduction in tuition revenues. The test period is the academic year of 2010-2015. Empirical results show that the average of discretionary accrual is different in the academic year of 2013-2015 when registered students significantly decreased, compared to that of 2010-2012. The impact from either financial conditions, supervisory characteristics or organization scale to the possibility of accounting manipulation of private universities are more significant in the academic year of 2013-2015, compared to that of prior period.