The History Of Accounting System Innovation In China

Firstly, this thesis tries to describe the formation and development of accounting system according to the order of time and explore the reason of accounting system in China by inductive method, at the same time, summarize its experience of success and failure. Basing on this, this thesis tries to forecast the future of accounting system innovation in China by deduction. The different economic system always demands the proper to itself accounting pattern, that it to say, calls for different accounting system serving for it. This thesis explores the reason and effect of accounting system innovation in China from the establishment of China to now, particularly at present the economic system of China is in transition. With association strengthening increasingly of international economy, any country cannot avoid the problem that globalization of capital market and internationalization of accounting standard. Because China has already joined WTO, as one of world economic organization members, we must deal with all things by means of world sight. So I predict that accounting system innovation would development towards to internationalization.