Study On Accounting Institution

This paper discusses some problems of accounting theory from a new angle----accounting institution. On the basis of discussing regulation, accounting regulation, order and accounting order, we set up the new concept of accounting institution. Accounting institution is the dynamic logical entirety including accounting order with all kinds of accounting state of affairs and accounting system as rules and regulations. It is the fusion of accounting order and accounting regulation. Then we approach the evolution history of accounting institution. It can be described by a dynamic logical development from accounting habit(individual) to accounting custom(group), from accounting custom to accounting convention(unformal regulation), from accounting convention to accounting regulation(formal regulation). From this angle, we reunderstand accounting development and get some new conclusions. From the horizontal angle, we mainly discuss the relation between accounting culture and accounting institution, between accounting contract and accounting institution. So we build a theory system around accounting institution. On the basis of accounting institution theory, we discuss the problem of formulation of accounting standards and obtain some conclusions with theoretical and practical means.This paper has new ideas on these below sides. Firstly, we develop the theory of accounting order. Accounting order is a process of benefit coordination between interest group according to its investing resource. We study accounting order in the framework of uncertainty firstly and discuss accounting order preliminarily from the angle of political economics. Secondly, we integrate the concept of accounting regulation and accounting order. On the basis of using social institution, we approach the new concept of accounting institution. thirdly, on the basis of accounting institution, we discuss the evolution of accounting institution and recognize accounting institution more deeply from the vertical angle and have a new idea about accounting development. fourthly, guided by accounting institution theory, we reunderstand accounting culture and accounting contract and get some new conclusions. Last, on the basis of accounting institution theory, we discuss the formulation of accounting standards and get some next conclusions: Accounting standards are the product of evolution from accounting convention to accounting system. The development and improvement of accounting institution decides the development and improvement of accounting standards. The development and improvement of accounting standards are decided by its inherent evolutional force, and the constructional force brings into effect by obeying inherent evolutional force.