Study On Accounting Information Distortion In The Listed Company

The stock market is playing such an important role in modern country that its development has become an essential criterion of the perfection of a nation's market economy and its economy development level. In the past years, our country's stock market has made great contributions to collecting funds, optimizing resource allocation, adjusting economy structure, shifting enterprise mechanism and promoting economy development. However, our stock market is still at early stage, many problems rise to the surface with its development. One of the serious problems is the distortion of the accounting information disclosure. It is known to all that the accounting information of the listed company is the basis for the investor, creditor and other groups who have economic interest with the company to make economy decision. At the same time, it is the basis for the government to control the economy. But in our country some listed companies provide false accounting information. It not only damages the investor's interest and is bad for resource allocation. Also it is bad for economy properly and rapidly developing. So it is necessary to make a research on the problem and to solve it.Based on other scientists research, the thesis make a further study .The author first analyses the existing phenomena and its causes. Then the author offers some measurements to solve it.This thesis consists of the following four parts:In the first part, the author gives a definition of accounting information, its content, its function and its quality standard.In the second part, the author describes the situation of the false accounting information and the harm it does to it's users.In the third part, the author tries to find out the reason why there is false accounting information by analyzing the accounting information system. Point out that the major causes of the problem are followings: the decline of social integrity; the imperfection of law, accounting system, CPA auditing system and corporation governanceIn the fourth part, the author puts forward to some measurement and suggestion for administrating accounting information distortion. We should build social integrity; perfect law, accounting system, CPA auditing system and corporation governace.At the end, the author simply analyze some other factors which affect the quality of accounting information.