The research aims to discover relation between earnings real and accrual management towards market value with auditing quality as moderating variable. Earnings real and accrual management used 3 indicators such as cash flow operation, discretionary expense and production expense though the auditing quality use the auditing reputation as proxy. The proxy shows that the dummy method if have 1 use big 4 and have 0 use non big 4. Market value used the Tobins’Q ratio. Sample in using is Non-Financial company which had listing in the BEI (Bursa Efek Indonesia). Used the criteria of purposive sampling totally sample are 33 Non-Financial companies that go public with the observation period 2005—2010. The first hypothesis used a simple regression as method analysis and for the second hypothesis used multiple linear regression analysis The result shows that there is a relation between earnings real and accrual management toward market value. Earnings real and accrual management have a relation with market value when the auditing quality as moderating variable but auditing quality can’t strengthen or weaken relation between earnings real and accrual management toward market value.