Research On Separation And Coordination Of Accounting Rules And Economic Regulation Rules

In today’s world, the economic pattern of integration on global capital market is irreversible. China’s 12th five-year plan also put forward the development direction of speeding up the construction on multi-level capital market system.As an international common "language of business", accounting information provides basic guarantee for healthy operation of capital market and basic information sources for economic regulation.The accounting goal can be achieved by producing or changing the economic decision-making behavior by investors, creditors and other interests and then influencing the capital market way of resource allocation. Therefore, high quality accounting information is the guarantee of the accounting goal.The outbreaks of the world financial crisis in 2008 made the international community recognize the importance of improving accounting information transparency by constructing the global high quality accounting rules. The accounting rules are based on accounting conceptual framework, and then have a strong professional independence. The G20 summit after crisis demanded to establish high quality accounting rules within the framework of the independent accounting rules formulating proceduresThe scope of economic regulation is expanding with the rapid development of the economy of the world and our country, and the influence degree of the regulations on accounting rules is promoting in view of the dependence from economic regulation behavior on accounting information.On the one hand, the regulatory authorities actively pay attention to the development of the accounting rules and participate, promote the quality of the accounting rules, give full support and promote the implementation of accounting rules, bringing positive effect on the developing and perfecting of accounting rules.On the other hand, however, this process is also accompanied by regulators want accounting rules to change in direction of the regulatory goals, and have a negative effect on accounting rules, leading accounting rules relative independence is to be impaired, making accounting information quality to drop and the realization of the objective of accounting is difficult to ensure, with negative effect. For example, the post-crisis era, the IASB for adoption of "expected losses model" is financial regulatory demands for the product of an adverse effect on accounting rules. Therefore, in order to maintain the relative independence of accounting rules, and ensure the quality of accounting information, thus promote the realization of accounting objectives, and help the regulatory target reached smoothly, accounting and economic regulation should choose the existence model of separation and coordination, so that both can be appropriate separated, relatively independent to realize, at the same time, strengthen the accounting rules and regulations to interact, effectively coordinate the relationship between them, making the accounting rules and economic regulation can provide institutional guarantee for the development of the well operation and prosperity for the society economy.The paper selects the standpoint of accounting, bases on the perspective of guaranteeing the accounting target, starts the study for problem oriented.Firstly, reveal the influence of economic regulation on accounting rules and the accounting problems, and puts forward the train of thought to solve the problem, namely the accounting rules and regulation of the economy should choose between the existence of the separation and coordination model; Secondly, the interpretation of accounting rules and regulation of economic rules, the inner mechanism of the separation and coordination; Again, this paper analyzes the accounting rules and regulation of economic separation and coordination of the necessity and feasibility; Finally, designed the accounting rules and regulation of economic separation and coordination of the implementation of the path.Given the paper discusses the management system problem of accounting, can perfect the accounting rules for accounting department development, regulators to seek regulatory means and ways to improve regulatory rules change provides policy Suggestions, in order to promote to improve the quality of accounting information, accounting information into full play the important fundamental role in promoting economic and social development, improve the effectiveness of regulation. Separation at the same time, the accounting rules and regulation and coordination of system research to our country comprehensive practice for promoting the development of the accounting rules are relatively independent system to provide a more solid theoretical support, accounting rules and regulation of economic separation and coordination of internal mechanism, the necessity of the separation and coordination, and interpretation can enrich between accounting and economic regulation mode of theoretical research, has good theoretical added value.In this paper, we investigate systematically the separation and coordination of the accounting rules and economic regulation rules by using the knowledge of accounting, economics, finance, taxation and law subjects, using methods of literature research, inductive and deductive, comparative study, historical analysis and case study.(1)using the literature research to select the related literature of the topic, sorting and analysis, in order to accurately grasp the topic selection, to formulate a research framework, a comprehensive study; (2) using a large number of inductive deductive analysis method, the accurate analysis and grasp the logic relation between the accounting rules and regulations, and analyze the regulatory demands the adverse influence on accounting rules, analyzed the necessity of the accounting rules and regulations and the coordination with realistic feasibility, put forward the separation and coordination of the implementation of the path; (3) using the comparative research on accounting rules and the difference and commonness between economic regulation has carried on the concrete analysis, to seek the development of common law and particularity, for the relations between the separation and coordination mechanism to provide theoretical support; (4) using historical analysis to clarify the financial instruments impairment, income tax accounting, cost accounting, as well as enterprise safe production reserves in measuring the evolution history of insurance contract, to their roots, grasp the accounting rules should be affected by improper regulation, in the development of conflict, and then find the path of the separation and regulation and coordination; (5) using the case analytic method to support research conclusion of normative analysis.Such as selection of dynamic dial the filing cases to analyze, and the bank of Spain for the interpretation of accounting rules and regulations provide the necessity for separation and coordination; (6)using the empirical approach.By using descriptive statistics analysis, correlation analysis, multiple regression analysis of statistical method, the accounting rules and economic regulation empirically the effectiveness of the separation and coordination, to support the conclusion of theoretical analysis.The innovation of this paper lies in:(1)the innovation of research angle. Standing in the accounting position, this paper is based on ensuring fresh perspective of accounting goal, the financial regulation, taxation supervision and regulation of enterprise production into a unified analysis framework, regulatory height from the economy of accounting rules and regulations separation and coordination of system research. (2)the innovation of theoretical analysis. Firstly, the theoretical system analysis of the accounting rules and regulation of economic rules, the inner mechanism of the separation and coordination; Secondly, based on the efficiency of economics perspective, by using the theory of modern system of property rights economics, new classical economics division of labor and transaction cost theory analyzes the accounting rules and the necessity of economic regulation separation and coordination. (3)the innovation of system design.The paper discusses the accounting rules and regulation of production separation and coordination of the implementation of the path, conceived the demands of production safety supervision money into off-balance-sheet disclosure mode, system design scheme is proposed.The main conclusions are as follows:(1) the accounting rules have relative independence, objectivity, professional, relative stability and authority. Accounting rules of these characteristics is the result of the accounting theory of inherent structure. (2) the accounting rules and economic regulation should choose the existence model of separation and coordination.Accounting rules and regulations is relevant and common attributes, should strengthen the interaction and coordinated effectively;At the same time, the differences between the two, due to different accounting and regulatory goal, to meet their objectives, the accounting rules and regulations need to appropriate separation, do their job.(3)the accounting rules and regulations have interaction, interdependence and mutual influence. Accounting rules and economic interaction and influence between regulatory rules, rooted in the economic regulation behavior dependence of accounting information. Accounting rules and the economic regulatory rules are applied to the micro enterprise.(4)the similarities and differences between accounting rules and economic regulation rules are obvious. Accounting rules and regulations is rooted in the difference of the accounting target and regulatory entities, and difficult to agree; Both belong to the specific institutional arrangements, has government control properties.(5) the separation and coordination between accounting rules and economic regulation rules is necessary.Accounting standards and economic regulation with the appropriate separation and coordination of the accounting the "natural" optimal sequence mechanism of property right, can effectively reduce the regulatory authorities of public ownership appeal to individual micro accounting "sabotage" resources, reduce the endogenous transaction cost of system operation, its essence is a kind of can improve the efficiency of resource allocation system arrangement to choose "pareto improvement". (6) the separation and coordination between accounting rules and regulations rules has realistic feasibility. Accounting rules and regulations can be appropriate separation, cooperatively, harmonious coexist, with relative independence and objectivity in the maintenance of accounting rules, to ensure and improve the quality of the accounting information, ensure the implementation of accounting objectives.(7)accounting information has the "supply" boundary.Accounting information can only be expanded to the "supply" boundary points, cannot satisfy all needs for information users, should not confuse the "supply" and "demand" of accounting information.