Study On The Accounting Information Disclosure Of Companies In The Securities Market

In the present securities market of China, pseudo act of many companies is very furious. One aspect of the act is disclosing pseudo accounting information. The disclosure of irregular accounting information seriously affects the healthy development of securities market of our country. This writing studies the disclosure of accounting information deeply. Compared with the average commodity, Stocks is mainly affected by the information of companies in the securities market, especially the accounting information. But the disclosure of accounting information is also faced with a counter-measure problem between information users and providers. This writing firstly testifies the effect of accounting information on stocks price using testimony and analysis. Then analyzes the contradiction between information users and providers, solutions they adopt using the theories of countermeasure, therefore, I conclude that we should use organizations such as the government and trade association, that is to say, supervise disclosing information which has been supported by many modem theories. This writing analyzes its necessity and possibility from many theory aspects.After analyzing the theory of economics about information disclosure and supervision, we should analyze the reality of our country using these theories. Because our securities market has been created only 10 years or so, there is unavoidably some insufficiency. This writing firstly introduces the basic framework of information disclosure system of companies in the securities market and the present situation of our companies in this market, analyzes the main method that companies affect the quality of accounting information disclosure: irregular act and earnings management, then analyzes the deep reason of the irregular accounting information disclosure at detail, including irregular accounting rules, imperfect system of securities market, weak supervision of securities market, and etc. In the meantime, lists an example of violating concerned regulation of information disclosure, HeChiHuaGong s irregular act.After deeply analyzing different kinds of problems in the accounting information disclosure of companies in the securities market. This writing provides corresponding solutions such as gradually perfect every concerned law and rule, improve the audit independence of certified accountant, enlarge the degree of supervising information disclosure, and etc.The structure of this writing is as follows: The first chapter is economical think of accounting information disclosure, analyzes value rule in the stocks market, the degree of effect which accounting information affects on stocks price, respective countermeasure of companies, investors and supervision department, the contradiction between information providers and users, the necessities of supervising concerned information disclosure. The second chapter introduces the specific implication of supervising information disclosure and points out their supported theories. The third chapter is the situation of accounting information disclosure of companies in the securities market, analyzes the deep reason of pseudo accounting information at detail, analyzes it from the reverse side using specific examples. The fourth chapter is the solution of regulating the accounting information disclosure of our country. After comprehensively analyzing the problem of accounting information disclosure, provides various solutions of regulating this problem aiming at the reality of our country.