Do goodwill impairments affect audit opinions? Evidence from China

There has been a steady growth of goodwill impairments in the Chinese stock market since the adoption of the impairment approach in accounting. The influence of goodwill impairments on a firm’s financial position and profitability give reason to doubt its current and future performance. We examine whether auditors, as a crucial external monitor, identify the information risks of goodwill impairments and express their concerns about financial reporting quality in their audit opinions. Using a sample of firms listed on China’s A-share market from 2007 to 2017, we test the association between goodwill impairments and the type of audit opinion received in the same financial period. Our findings are as follows. First, the probability of receiving a modified opinion increases with the amount of goodwill impairments. Second, the positive association between goodwill impairments and modified audit opinions is driven primarily by earnings management risks. Third, this positive association is more salient when auditors are industry experts and there is no auditor–client mismatch. Fourth, auditors are more sensitive to the amount of goodwill impairments than to their mere existence. Overall, we document that auditors perceive goodwill impairments as a signal of information risks and communicate their concerns to investors to avoid litigation.     

Study on Runoff Control Effect of Different Drainage Schemes in Sponge Airport

Water Resources Management - The low impact development (LID) concept aims to control storm runoff and pollution through decentralized, small-scale source control to bring the development area as...     

知识型员工双重社会网络对企业创新绩效作用机制研究

基于企业基础资源观和组织学习理论，从知识型员工个人和组织社会网络两个方面构建知识型员工双重社会网络影响企业创新绩效的理论模型，分析知识共享、组织学习及资源整合在员工双重社会网络对企业创新绩效影响机制中的作用。结果表明：知识型员工双重社会网络对科技型企业创新绩效的作用路径有3条，资源获取与整合、知识共享与学习及员工动态创新能力分别在其中发挥中介作用；在不同类型组织文化环境中，知识型员工双重社会网络对企业创新绩效的作用特征、作用重点以及作用机制存在显著差异，内部整合维度主要通过知识共享和组织学习影响企业创新绩效，外部适应维度主要通过隐性知识传播和资源整合影响企业创新绩效。     

大型现浇钢筋混凝土U型渡槽施工技术

禹门口提水工程干渠上的十几座大型钢筋混凝土渡槽采用现浇混凝土施工方案。经过十几座渡槽的施工及通水检验，证明现浇施工技术与工艺已经成熟。本文就施工中遇到的高大排架外形与垂直度控制、槽身模板制做与固定、模具的空中支撑、运输与入仓办法等做以简单介绍。     

简析会计专业学生的职业规划

职业规划是指导个人职业发展的一种重要手段。通过阐述职业规划的意义、会计职业规划与会计考试、个人发展的关系、会计职业规划的方法等，以期引起社会对会计职业规划的重视。     

混凝土渠道糙率原型观测

糙率是渠道水力设计的关键技术参数之一，其值的准确选取决于已建工程原型观测成果的类比。选择3条不同衬砌特性的混凝土渠道进行糙率原型观测，对观测方法及步骤做了较详细描述；计算出了3条渠道的糙率，对其存在误差进行了分析探讨，可为今后进一步开展相关课题研究积累经验并供同行参考。     

研究生就业形势及策略

自1999年研究生大规模扩招以来,毕业生数量激增,研究生“天之骄子”的地位不复存在,如何有效面对就业形势,转变就业观念,提高就业策略是本文探讨的主要内容。     

关于开展航海职业教育扶贫工作的探讨

建设新农村的核心环节是提高农民收入。对贫困地区进行扶贫是党和政府解决贫困地区农民问题的重要手段之一,其中心工作是提高农民收入。通过开展航海职业教育扶贫工作可以有效地帮助转移农村富余劳动力,提高农民综合素质,增加农民收入,增强农民自身的造血功能,彻底改变贫穷的面貌;同时也有利于促进航运业和航海职业教育的发展。开展航海职业教育扶贫工作是一个多方合作共赢的过程。     

OSCILLATION AMPLITUDE OF THE FREE END OF A FLEXIBLY MOUNTED RIGID CYLINDER IN TRIANGLE ARRANGEMENT

In this paper,the oscillation amplitude of the free end of a group of threecylinders are studied.The three cylinders are erected at the vertices of an equilateral trian-gle,and three arrangements are made in this study.One of the three cylinders is served asa working cylinder which is mounted by a flexible cantilever and two accelerometers areattached on the free end in two directions.The results of the three-cylinder arrangementare compared with those of two cylinders in tandem/side-by-side arrangement in the samecondition.The experimental results show that the rear cylinder of a group of three cylin-ders is affected more seriously than that of the corresponding two cylinders in the contrastarrangement.The main direction of oscillation is changed.The transversal oscillation isstronger than the longitudinal oscillation in the three-cylinder arrangement.On the con-trary,the transversal oscillation is much weaker than the longitudinal oscillation in two-cylinder arrangement.The largest transversal oscillat     

TSP203超前地质预报仪在隧道施工中的应用

大风垭口隧道地质及水文条件极其复杂,TSP203超前地质预报仪作为最先进的地质预报仪在大风垭口隧道施工中发挥了积极的作用。简单介绍TSP203超前地质预报仪的使用方法及其特点,根据TSP203预报结果与实际施工进行验证,体现其预报的精确性和长距离预报的优越性,建议今后类似工程中推广应用TSP203超前地质预报仪。