How to Curb the Phenomenon of False Profits of Listing Companies Under the New Accounting Standards

The new accounting standards issued by the Ministry of Finance will be implemented in the listing company firstly,which aims at curbing the false profits of listing companies to manipulate space.However,some listed companies are always looking for new ways to manipulate profits,widening the profit manipulation,show the way.Therefore,this paper explored on the main means of profit manipulation under the present corporate accounting system and the restraints of the new accounting standards on corporate profit manipulation and its shortcomings.Finally,it proposed a suggestion on the improvement of the new financial standards.