Accounting Oversight Of The Research Of The Mechanism Of International Cooperation

The international cooperation regimes are the important resorts to sovle the conflict and moderate the relationship of the today’s international society. The reasons that this dissertation studies on the international cooperation regimes of accounting regulatory are the urgent solution for the accounting regulatory conflict in the corss-listing market. In addition, the author’s experiences in the international cooperation and the regulatory of cross-listing also provide the foundation of research.The boundary of economy decides the boundary of accounting. The boundary of accounting regulatory needs to be fit with the accounting boundary. The development of the cross-listing market makes accounting behavior of listed company break the boundary of national territory and the boundary of accounting regulatory originally divided by the national boundary should also have an adjustment. If the host country (to be available on the market ground) and the mother country (place country) still keep insisting the principle that the national individual take charge of accounting regulatory alone, and one nation takes charge of accounting regulatory to cross over its national boundary, so the problem of regulatory conflict will be produced. Because originally the accounting regulatory institutions in all countries exercise their individual jurisdiction alone, when the individual jurisdiction breaks the national boundary, the conflict of the national jurisdictions will be produced between the host country and the mother country.The globalization of economy and the internationalization of market pushs the internationalization progress of the accounting regulatory impersonally. The internationalization of accounting regulatory means the process and status that the accounting standard and enforcement in all countries becomes to be identical, as the accounting regulatory behaviors go abroad. According to the statistics, up to the end of2009, there have been126nations or regions adopting IS As, and up to the end of2011, there have been123nations or regions adopting or approving IFRS.The International harmonization of accounting regulatory standards displays to the urgent need to strengthen the international cooperation of regulatory enforcement.The international cooperation regimes are a series of bounded system arrangement to correct and standardize the relationship between the nations. Face the finance information quality risks in the economic globalization progress, the effective international cooperation regimes of accounting regulatory need to be set up to support the order of international stock market because the individual jurisdiction cannot be in effect. Beyond all doubt, the international accounting regulatory in the reality poses the new questions for us:whether the standards are consistent, whether the accounting regulatory institutions are concerted and whether the cooperation regimes are effective,etc. These conditions request us perfect the system and keep the international cooperation regimes of accounting regulatory in effcet.In Sep,2011, China’s12th five-year plan program about the reformation and development of accounting points it out definitely that we should put forth effort to push the research of foreign listed company and accounting regulatory in cross-listing market around the demand of accounting reform and development. Under the background like this, the research of the international cooperation regimes of accounting regulatory carries significant theoretical and practical meanings undoubtedly.By the international regime theory, this dissertation analyses the historical evolution of the international cooperation and the realistic conditions of the accounting regulatory and builds up the analysis framework of the international cooperation regimes of accounting regulatory, combined the characteristic and change patterns of international cooperation regimes with the particularity of the accounting regulatory in the cross-listing market. The key content and the research conclusions are as follows:Firstly, primarily from the practice problem of the conflict, this dissertation analyses the concept, embodiment and source of regulatory conflict. Based on the solution of the different theories, this dissertation exercises the international regime theory and brings forward the research framework of setting up the international cooperation regimes of accounting, regulatory to solve the conflict of accounting regulatory in cross-listing market.The reason of the conflict is the contradiction between the regional accounting regulatory and the globalization of market. The conflict can be solved by the regime means in the process of coordination and cooperation of the accounting regulatory institutions.Secondly, this dissertation analyses the history evolution of international cooperation regimes and summarizes basic characteristics of from the powerful country orientation to the rule orientation, from the individual rationalism to the collective rationalism and from the relative power to the absolute interest are analyzed during the history process of international cooperation regimes. The economic progress change pattern, the total power structure change pattern, the concrete power structure change pattern and the international organization change pattern are summed up. The relationship between the international cooperation regimes and the national sovereignty transference is analyzed. The reason of the multilayer and pluralistic international cooperation regimes is the imbalanced global development.Thirdly, from the standards and enforcement, this dissertation analyses the realistic conditions of the accounting regulatory and points out that the primary achievements about the harmonization of regulatory standards have been acquired and the coordination and cooperation in enforcement will be dependent on.Both the schemes of US and the scheme of EU have theirs limitness and cannot solve the problem completely in practice.The key to improve the imbalanced status of inconsistent standards and inadequate enforceability in accounting regulatory in cross-listing market lies in the promissory system based on the mutual cooperation foundation. This kind of condition in the reality also embodies the summary of basic characteristics and patterns about the international cooperation regimes.Fourthly, this dissertation brings forward the analysis framework of accounting regulatory international cooperation regimes after the analysis of the common and diferent characteristics, impact factors in national,region and global and the basic principles.The multilayer and pluralistic accounting regulatory international cooperation regimes is attempted to be designed by the analysis framework.Finally, by the analysis framework,this dissertation points out its suggestions for China’s attitude and counterplan during the establishment of the international cooperation regime of accounting regulatory from upgrading the internationalization of market, perfecting the accounting regulatory system and supporting our national interest, especially for the accounting regulatory cooperation between China and US.This dissertation, assisted to analyze by case, focuses on normative method and discusses the conflict of accounting regulatory in the cross-listing market and points out the analysis framework of the accounting regulatory international cooperation regimes. On the basis of existing theory, this dissertation actualizes the innovations of arguments (lots of cases about the international cooperation regimes and the accounting regulatory), reasonings (to combine the accounting regulatory with the international cooperation regime theory) and conclusions (the analysis framework of the accounting regulatory international cooperation regimes). As the preliminary attempt in the research field of the accounting regulatory international cooperation regimes, these research innovations and achievements will lay the foundation for the research in this field.