금융위기 전‧후 개별 손익계정의 이익조정 행태에 관한 연구

The K-IFRS introduced after the financial crisis, the concept of operating profits and the separate classification of dividends are highly likely to arbitrarily adjust operating profit and related profit and loss accounts, since managers are allowed arbitrary autonomy in accordance with economic realities. Therefore, the purpose of this study is to compare and verify the earnings management of the profit and loss accounts before and after the financial crisis using Benford's law. The Benford law is that the numbers 1 to 9 of the natural number, or 0 to 9, which can be in the second place, are not evenly distributed, and the number of observations is gradually reduced Logarithm refers to the phenomenon of distribution. As a result of the analysis, the distribution of the second digits of gross profit before and after the financial crisis follows Benford's law. However, after the financial crisis, it shows that the profit adjustment behavior of operating profit is changing rather than net profit. This shows that the behavior in which profit adjustment was attempted through the adjustment of the net profit before the financial crisis was changed to the behavior in which profit adjustment using the profit and loss account of the operating profit was attempted after the financial crisis. In addition, after the financial crisis, companies have confirmed that earnings management is being made by changing the subject of accounts, and the number of accounts subject to earnings management has increased since the financial crisis.