A Study On Internet Accounting Model

In the information era, computer is widely used as the most facilely and efficient tool for information treatment in all industries. The computerization in accounting makes great contribution to information treatment. Yet, after the appearance of Internet, new problems arise in single computer working system used for accounting. The weaknesses such as long time of transferring information, unable to share resource, difficult exchange of information, inconvenient to search for material for users become to be more obviously, while the development of global information treatment network becomes to be a historical trend, and information transfer, e-business development by leaps and bounds,e-business create broad space for various new more efficient operation and management models, bringing an all-perspective, radical revolution to accounting field. Internet makes enterprises into knots in global supply chains. New enterprise system looms out such as Internet enterprises, enterprise between Internets and visual enterprise etc. together with new economical forms, such as direct economy and Internet economy etc. These new organizations and economical forms with e-business form enterprise's fully flexible mobile allies based on programs which lead many unpredictable factors and have tremendous effect on traditional industry and fiscal accounting system, thus traditional accounting theory frame is racked and traditional content of accounting objective lag behind the times, so internet accounting –based on e-currency and notes came into birth. It avoids the disadvantages of computerization based on accounting and becomes a new field for accounting development.Model, according to the explanation of the "Modern Chinese Dictionary", means standard form for certain item or form which people can follow. Accounting model is produced by coordinate development between accounting theory and objective environment. To speak in detail, some conceptions, such as accounting targets, accounting hypothesis, accounting rules and accounting policy in accounting theory have formed accounting concepts under different environment effected by all kinds of environmental factors which limit accounting practices. Accounting subject as the start point for the study on basic theory of accounting refers to the appointed objective in sectors of specified subjects, including assets, liabilities, owner's equity, revenue, expense and profits which respectively listed into the balance sheet and the income statement in the end. And a series of strict accounting polity, accounting procedures and corresponding accounting theory system have been established. Four fundamental hypotheses such as the accounting entity assumption, going–concern assumption, time period assumption and monetary measuring unit assumption are included in traditional accounting with a clear and stable subjective and is a real physical space. Based on the hypothesizes, enterprises calculate and record the economic activities in accordance with historical cost, by taking currency as the main calculation unit. Also enterprises make accounting statements based on the principle of the rights and responsibility. Thus users can know the past fiscal situation and operation in transaction. It is obviously that traditional accounting system emphasizes physical assets such as land, buildings and equipment etc. while ignore intangible assets, such as knowledge, technology, information and human capital. Under the environment of internet accounting, visional enterprise deals with their business, for instance, investment, purchase, marketing, liquidation and tax etc. in very short time Mass information regarding external exchange, relevant information collection and large amount of economic business etc. will be completed in dismissed after the completion with very short life circle. It shows the character of instant cooperation and separation, no confirmation and amortization exist during variable periods. Thus, the reform of accrual basis, and the fulfillment of cash flow basis is th...