本研究旨在探討2009年1月1日起適用之財務會計準則第十號公報之修正,是否影響企業使用盈餘管理的方式。實證樣本包含實施公報前(2004年至2007年)與實施公報後(2009年至2012年)之所有一般產業之上市與上櫃公司共9,560筆觀察值。實證結果發現,十號公報修訂後,應計項目與實質盈餘管理的使用程度增加,顯示修訂十號公報後,企業使用較多的應計項目與實質盈餘管理來達成盈餘目標,本研究也發現,修訂十號公報後應計項目與實質盈餘管理呈互補關係,顯示企業同時進行應計項目與實質盈餘管理。 This research basically focuses on exploring the effect of SFAS No.10 (the Inventories) revised at 2009/01/01 (hereafter, new SFAS No.10) on the way that firms use of earnings management. The empirical sample consists of 9,560 firm-year observations for firms listed on the Taiwan Security Exchange Corporation and GreTai Securities Market in Taiwan during 2004 to 2012. The empirical result shows: The level of accrual-based and real earnings management increased after the revised SFAS No. 10. The study suggests that after the revised SFAS No. 10, firms used more accrual-based and real earnings management to achieved earnings target. The study also finds that after the revised SFAS No. 10, the accrual-based and real earnings management present complementary relationship, suggesting that firms engage in earnings management not only accrual-based but also real earnings management.