Empirical Research on Accounting Estimates of Listed Company;

This article probes into the increasing problems of accounting estimate in the process of auditing,expati- ates on the difficulties in auditing the authenticity of accounting estimate,the veracity of the sum,the rationality of modification,and presents some workable approaches to such problems.

This article looks into the problems existing in 04 annual reports of SZSE-listed companies in terms of audit opinion, accounting policies, accounting estimate and errors.

Secondly,method for tax-paying design is discussed in aspects of accounting policy and accounting estimation.

This paper puts forward some points for attention in making accounting analysis of enterprise in aspects of defining the critical accounting policies and accounting estimations,evaluating the accounting elastic extent jointed by the evaluation managerial authorities in important accounting items,and the quality and depth of the accounting statement information revealed by enterprise,etc.

the enterprises apply changes in accounting estimation to earnings management,accounting report fraudulence,and even profit manipulation,which will cause serious economic consequences and damage relevant person s interest.

At present accounting evaluation is being abused by more and more listed companies as a new profit-controling mothod because of failure to employ joined transaction and reorganization of debts.

This?paper tests market efficiency through examining its capability to identify the essence of change in accounting estimate.

The concepts of accounting policy change, accounting estimate change and accounting error correction are often encountered in accounting practices.