| Summary: | 碩士 === 國立臺中科技大學 === 會計資訊系會計與財稅碩士班 === 100 === The financial statements are the main tool to understand the business situation. In recently years, because of a series of fraud cases, the regulatory agencies have taken more concernsabout the earnings quality of financial distressed companyThe company’s restatements mean that financial statement information has major omissions or mistakes which have effects on decisions, therefore financial statements restatement may be often regarded as a symbol of lower quality of financial reporting.
This study used LOGISTIC regression to test the effect of earnings quality、financial distress on financial statement restatements by using financial statements samples from 2001 to 2010.
And this study also divided two categories of restated financial statements, one is volunteered by company, the other is forced by the regulatory agencies.
Empirical results indicate that financial distressed companies will have the more incentive on earnings management, and have the higher likelihood of restatement, and the restatement forced by regulatory agencies have more frequency compared to the volunteered restatement.
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