The Comparative Research Into Accounting Information Disclosure In Listed Banks Of China, America And Germany

With the rapid development of economics and deepening of our banking system reform, it is necessary for banks to come into the market. The research into information disclosure of stock market has been done for long, but there is less done on the study of information disclosure of the listed commercial banks. In order to offer theory support and practical reference to the accounting information disclosure of listed banks and banks which are about to come into the market, improve transparency of information disclosure and enhance competitiveness of our banks, the comparison of information disclosure system between China, America and Germany is made to find out difference between them and bring forward proposal by means of contrast, induction and logic reasoning . The main contents and views of the paper are as follows:1. Accounting is close relevant to society environment. Society environment is interactive with accounting. In order to analyze the reasons of difference correctly and come to rational conclusions, we regard the research into the comparison of society environment as starting-point in the paper.2. The emphasis in the paper is to compare the disclosure of financial report, balance sheet, income statement and cash flow statement of listed banks in China to the disclosure of the banks in America and Germany. The views are as follows by analysis: (1) Listed banks in China should enhance the information about the management responsibility and code of ethics for senior financial officers in financial report, strengthen the disclosure of venture information. (2) The disclosure of loan, investment securities, off-balance sheet activities in balance sheet in China is different from the disclosure of these items in America and Germany. And we should strengthen the disclosure of these items. (3) The marked difference is the disclosure of provision in income statement and we should disclose the item of provision separately. Interest and dividends on investment securities is different from investment securities gains or losses, so they should be shown separately in income statement. What's more, interest and dividends on investment securities is identical to interest on loans, belonging to the item of interest in income statement. At the same time the disclosure in earnings per share should be standardized. (4) Cash flow from the business such as deposit, loan, bond interest income, dividends income and interest expenditure of security should be reclassified.3. The author compares the disclosure of some items of listed banks in China to the disclosure of these items of listed banks in America and Germany. These items are load, deposit, income, expenditure and financial derivative. By comparison, she believes there is little difference in the disclosure of load,income,and expenditure, but there is much difference in the disclosure of provision and financial derivative.4. Finally, the author put forward some proposals to improve the information disclosure in listed banks of China.