Research On Accounting Standards Changes Based On Evolutionary Economic Theory

Accounting standards has been an important part of financial accounting research. The outbreak of U.S. sub-prime mortgage crisis, once again aroused the concern of developing high quality accounting standards. In this paper, a new perspective of the perspective of evolutionary economics is applied to study accounting standards change.High-quality accounting standards can not be done overnight, they can not be immutable. In other words, the developing of accounting standards is a dynamic process of change, the unpredictable results which appears suddenly in economic system's running. New classical economics analyzes the change of accounting standards from the overall perspective of various interest groups and as a precondition of the demand and supply factors of accounting standards are constant, however, in economic life practice, the demand and supply factors of accounting standards of are not constant, but constantly changing, which tends to lead to evolution in accounting standards. Evolutionary economics theory is a method of analyzing for dynamic process, it resolves the problem that new classical economics is difficulty to fit real-world in analyzing institutional change, and it's a new idea to study accounting standards change on the basis of evolutionary economics theory.Reviewing the history of accounting standards change in our country, accounting standards developing has been a central theme in accounting reform, and mostly reflected in the accounting standard-developing main body and procedures, and in the international convergence of accounting standards. It has a profound impact on accounting reform and development. Adopting standardized research methods, this paper reviews studies of accounting standards change, demonstrates as an institutional arrangement to standardizing accounting behavior, accounting standards change is in line with the factor conditions of "Select Unit", "innovation" and "selection" of evolutionary economics. It's applicable to study accounting standards change by using evolutionary economics. And specifically analyze the nature and principles of self-organization of accounting standards using self-organization theory and, further, by evolutionary game theory thoroughly analyze the specific power source, the specific evolutionary path and the change trends of accounting standards change, on this basis, make a selection of the accounting standard-developing main body and program suitable for China specific political, economic and cultural environment.The main conclusions are as below:First, sort out the process of accounting standards change in an attempt to provide a relatively complete evolutionary economic analysis framework for study of accounting standards change from research method, in order to facilitate following standardized research and empirical research.Second, analyze and explain the nature of accounting standards change by using self-organization theory, manifest that accounting standards change is a self-organizing process, the system self-organizing power plays a decisive role in accounting standards change, and then try to put forward developing main body and procedures to be followed of a combination of self-organizing power in China and foreign construction forces, "unusual accounting issues" developing procedures and balanced developing procedures.Third, applying revolutionary game theory, analyze the specific power, the change trends and specific path of accounting standards change, and find out that learning and imitating play an important role in the process accounting standards of change, the initial state and the current state of accounting standards have an important impact on change direction, and "locking" effect and "positive feedback" mechanism make it the "path dependence" feature, which has some of the accounting standard-developing reference value.