A Economic Analysis Of Supply-Demand Equilibrium About Accounting Standard

Accounting standard is a kind of public product with two characters. The first one is that it can be consumed without competition. The second is that each consumer can use it without limitation. So we can study accounting standard with public economy theory, such as supply-demand equilibrium analysis. Fist we do not need a abstract demand function and a abstract supply function, but we needn't know what the exact function is, then we find out the result of supply-demand equilibrium and the reason for the equilibrium broken, which is a efficient analysis method to figure out all kind of complex problems about accounting standard research. According to supply-demand graph analysis, those problems result in the equilibrium broken that is accounting standard supply deficiency or accounting standard demand deficiency.It is a beginning to figure out the problem with supply-demand graph. But to give a reasonable solution, we need demand analysis and supply analysis in advance. Accounting standard demand result in that it can arrange the enterprise property clearly and save market exchange expense accordingly. The operators need a rule to define each employee's duty rights and benefits in order to improve enterprise management. The rule is a kind of property accounting standards. At the same time, companies need a principle accepted by the investors for financing in capital market. The principle is the finance accounting standard. In fact, most of accounting standards are related with finance accounting standard. The property accounting standard is neglected. As for as accounting standard supply, it results in the game between the operator and the investor in capital market. Both the operator and investor need the company finance information that is signal transferred from the operator to the investor in the static bayesian game. In this game, we need a mechanism design to ensure that operator give true finance information. The mechanism design is related with accounting standard supply. How to arrange the right for mechanism design decide the accounting standard supply mode. After knowing well accounting standard demand theory and accounting standard supply mode, we can give more exact analysis about the reason for supply deficiency or demand deficiency that induce to the equilibrium broken.The thesis is arranged according to the analysis way mentioned ahead. First, the accounting standard is treated as a public product to figure out its supply-demand equilibrium. Then, I give a detailed analysis about accounting standard supply and demand. At last I apply the theory to china accounting standard used by the company on market to give a real analysis of the supply-demand equilibrium.