The general thought of earnings management study was abstracted on the basis of the overseas research.The main achievements of the empirical study on earnings management at home and aboard were introduced according to the audit and the corporate governance.The extents of earnings management was reflected by total accruals and operational accruals and the studies on accruals at home and aboard were contrasted.On the basis of summarizing the difference of earnings management in China and its shortcomings,the further study orientation and assumption were put forward.