Study On Accounting Regulation Of Listed Companies

This dissertation, which includes cross-disciplinary theory such as economics, politics, law and public administration management, discusses accounting regulation of listed companies in our country deeply under the entire circulation environment of stocks. This dissertation which uses theory analysis gives definition of accounting regulation of listed companies in our country. The main bodies of accounting regulation owning the right of regulation regulate the economic action of accounting regulation objects--the listed companies by using many accounting regulation methods, process and policy under many regulation goals. The stock price can be market signal which reflects enterprise value of listed companies in the efficiency capital market. Because economic conflict between interest groups impenetrates the whole process of accounting information including machining, verifying, disclosing and using, accounting information distributes asymmetrily between providers and users, which is also the key trigger of accounting fraud. Especially because of a series of accounting fraud and auditing non-responsibility, government, investors and public have fully realized that accounting fraud and accounting information distortion can shake the justice and efficiency in securities market and disturb the effective operation of the social economy. To strengthen accounting regulation of listed companies has been social consensus. The profound change in interest mechanism of securities market, operating rules and market environment and so on bring important influence to listed companies'value orientation and behavior pattern under the entire circulation environment of stocks, the utility function of shareholders of listed companies also changed greatly, the motivation listed companies uses for accounting fraud becomes stronger and more diversified. To meet the challenge of the changing accounting regulation of listed companies aroused by the entire circulation environment of stocks, we must build efficient accounting regulation system, at the same time we should bring forward accounting regulation strategy that can get along with accounting regulation system. By doing these we can resist accounting fraud and auditing non-responsibility, and we can enhance the market's efficiency in collocating resource based on accounting information. These are the starting point and end-result of the dissertation.The essential of accounting regulation system is a kind of institutional arrangements that make accounting regulation to play, and its establishment and change is a process of gaming took part by main multi-stakeholders. To achieve the accounting regulation goals of listed companies, the main bodies of accounting regulation use the relevant regulation policy (law, accounting system, relevant rules and so on). Based on the entire circulation environment of stocks, the accounting regulation goal of listed companies in our country should follow laws and regulations in our country, make"publicity, equity, fair"as principle, take necessary measures to ensure reasonably the credibility, correlation and betimes of listed companies'accounting information, to ensure accounting framework and accountants to observe work demand, to maintain investors'interest. This dissertation is guided by accounting regulation goal of listed companies, which makes the entire circulation environment of stocks as condition background, takes listed companies and interrelated main bodies'action change as its main clue, takes national mature capital market's accounting regulation pattern and experience for reference. This dissertation combines developmental actuality of securities market in our country. This dissertation uses time window selection method to supervise the action of listed companies at some special time based on profoundly analyzing the validity and problems existing in accounting regulation of listed companies in our country. It optimizes accounting regulation mechanism and models on incentive mechanism, decision-making mechanism, control mechanism, evaluation mechanism at the same time. This dissertation builds"four-in-one"accounting regulation system of listed companies in our country which makes government regulation as guarantee, interior regulation as foundation, social regulation as assistance and the public opinion regulation as complementarities based on optimizing accounting law regulation pattern, responsibility regulation pattern, response regulation pattern of listed companies in our country. The major idea of this dissertation is to provide useful countermeasures and advice for accounting regulation of listed companies in our country under the entire circulation environment of stocks.