The invention discloses a waterproof modified adhesive for furniture finishing. Raw materials of the adhesive comprise polyurethane, ethylene vinyl acetate, 2-vinyl crotonate, polyvinyl alcohol, potassium persulphate, ammonium persulfate, nanometer titanium dioxide, nanometer silica, nanometer zinc oxide, nanometer calcium carbonate, alumina silicate, kaolin, asbestos powder, a silane coupling agent KH-560, calcium stearate, polydimethylsiloxane, polymethylphenylsiloxane, tristearin, sodium dodecyl benzene sulfonate, N-methyl-2-pyrrolidone, a modified waterproof agent, a waterproof reinforcingfiller and deionized water. The invention also brings forward a preparation method of the above waterproof modified adhesive for furniture finishing. The prepared adhesive is used for furniture finishing and has excellent waterproofness and glueability.