A Study On The Quality Of Accounting Information And The Contractual Arrangement Of The Determining Rights Of Accounting Standards

The quality of accounting information is a historical and global problem that has been perplexing the economic field. At the beginning the objective of the research was concentrated in accountants and accounting themselves but later it extended to some related members such as the managers and the accounting standards makers, also it beyond accounting to economics, philosophy, law, civilization and the behavioral science. American Eron's failure touches off people's new attention and discussion to the quality of accounting information. Different people have different views all the time and there are lots of achievements.After reviewing the related documents, the thesis appraises the existed achievements as follow:First, it's lack of systematic and comprehensive research achievements on the quality of accounting information. In my opinion the systematic and comprehensive research achievements should include at least the following aspects: ?The standard of the accounting information quality. If the quality standard is not defined, during our study such as study the distortion of accounting information, it's easy to be puzzled by many detailed problems, for example, absolute true or relative true, process rational or result rational, relativity is more important than reliability or reliability is more important. From the existed documents, the distortion of accounting information and the quality standard are divided and researched. (2) The accounting environment. It includes exterior environment such as political environment, economic environment and cultural environment; also includes interior environment such as the company management structure, enterprise culture. (3) The operation rule of accounting system, such as the accounting standards and accounting system. ?The concrete operation of accounting system, i.e. the identification, measure, record and report of account. ?The supervision of the operation of accounting system.Second, there are gaps and some places need to be researched more deeply in the five aspects mentioned above. In terms of the quality of accounting information, on the influence of "the View of Decision Available", relativity has dominated in the quality standard system for long. However from the point view of protecting investors' benefit, the series of American accounting scandals informs people that reliability is the core. Obviously this is a problem waiting us to probe. In the aspects of accounting environment, there are many treatises about economic and legal environment, but few8about political especially cultural environment. There's a common idea about the influence of accounting operating standard to the quality of accounting information, but the quality of accounting standard itself is restricted by many factors. These factors include objective elements, such as the relativity of our knowledge and people's limited ration (Wu Liansheng, 2003), and subjective elements such as political process and the influence of subjective factors is very large, it need us to research further especially in theory but also in form. The quality of the operation of the accounting standard system relates to the quality of accounting information straightly, this is a link to be concerned very much, whether at the beginning the attention to the accountants or special concern to the managers now it always id the theme of research on accounting information. Its influence to accounting information includes behavioral distortion and breach distortion (Wu Liansheng, 2003). The focal point of research at present is the breach distortion, and it's studied mainly from the point of company management. In essence the company management is a kind of game. It's easy to occur moral risk, converse choice by rational economic person provided the dissymmetrical information exists. Therefore the game of company management will carry on dynamically forever and it's worthy if concerning. Sometimes there's definite and detailed standards sometimes there isn't or is gloomy when it operates. For example, some accoun...