The Comparative Study Of Chinese Accounting Standards And International Accounting Standards

If we predict that national accounting constitutors consider more about the requirements of domestic economic development when setting accounting standards, then the issue of international accounting standards has already overstep gaps among nations, aiming at globally uniform accounting standards. This goal can't be achieved in the short time since the existing differences in society > economy > law> culture background etc among nations, but the trend is obvious. It is the United Nations that deals with the emerging conflicts in worldwide incidents, and it is International Accounting Standards Committee (IASC) that has the responsibility when it comes to accounting field .Up to now, IASC has issued 41 IASs, which makes this organization gain more and more support. Each country begins to realize the present and potential influence of IASC. At the same time, they consider how to adapt to the trend of internationalization of accounting standards. Our country is also moving this way. We have issued 16 Specific Accounting Standards (SAS) since 1992 when the Fundamental Accounting Standards was released. During this period, professionals have deepened their understanding of accounting standards, and improved their abilities to apply standards, while theoretical circle have contributed greatly to setting accounting standards through different sources .Basing on the realities above, this dissertation compares Chinese Accounting Standards with International Accounting Standards. Selecting this topic has definite significance, that is, it will assist professionals in deepening their understandings of International Accounting Standards, and broaden the prospect of researching the accounting standards. The following is the layout of this dissertation:Chapter 1: introduce IASC, including the historical background analysis before its founding ^ reorganization > current application of IASs, etc;Chapter 2: introduce Chinese Accounting Standards, including its development footmark and some discussions concerning setting standards;Chapter 3 -. 4: select 5 SASs to compare with relevant international accounting standards;Chapter 5: depending on the comparative analysis discussed in the two chapters above, introduce a case for empirical analysis ;Chapter 6: explore the instinct reasons of differences between these two standards, then make some suggestions on the internationalization of Chinese Accounting Standards; Chapter 7: summarize the main contents of the above six chapters, and point out some shortcomings of this dissertation.