Study On The Accounting Control Of Listed Companies In China

Based on the accounting theory the paper is focused on the defects of accounting control in Chinese listed companies. Practices of modern economy have shown that the excellent designed accounting control has a great effect on the quality of listed companies. The accounting control will promote the healthy operating of stock market; otherwise, it will make enterprises and stock market go in a vicious state. It is very important to eliminate defects of accounting control. The paper analyzes the basic connotation of accounting control and its operating mechanism, and studies deeply the current defects of accounting control in Chinese listed companies. The necessary policies are proposed.Results are studied basically as follows:1. Under the market economy, accounting information is crucial to the decision-making of the management and the resources allocation.2. The likely choice that perfects the accounting control institution of listed companies and promotes its effect is of learning experiences of western countries and taking their lessons3. With gradual development of capital market in our country, the listed companies develop rapidly, the scope of direct financing and its speed mount continually, though accounting control gets perfect step by step, objectively, still many problems haunt the quality and effect of accounting control.4. Currently, the loopholes existed in the process of accounting control of listed companies and produced together by much many factors, influence seriously the authentic delivering of accounting information and the healthy development of enterprises as well.In order to diminish the defects of accounting control, the following policies and measures are necessary:1. Perfect the legal system of accounting control;2. Improve the operating system of accounting control;3. Improve corporate governance of listed companies and its internal control:4. Establish all-process control mechanism;5. Strengthen the delivering control of accounting information;6. Cultivate social credit and enterprises' cultures.