Research On The Problems Of The Accounting Rules On Related Party Transactions Of Listed Companies

In recent years, unfair related party transactions have become a main means of profits control for listed companies to obtain rights issue or to avert loss and avoid " PT" or "ST". Therefore, transactions between listed companies and their related parties have become the focus of securities market supervision. Up to now, the regulatory authorities have issued a series of laws and rules to regulate these transactions.This thesis focuses on the problems of the accounting rules on related party transactions, that is, the content of the accounting rules and the role of accounting rules especially the role in the regulation of profits control behavior of listed companies with unfair related party transactions. The accounting rules include Accounting Standard for Business Enterprises: Disclosure of Related Party Relationships and Transactions, Non-monetary Transactions, Debt Reconstruction and the Temporary Provision for Accounting Treatment Problems of Related Party Transactions Such as the Sale of Assets.Based on a survey of the evolution of the accounting rules, the thesis analyzes the limitation of the accounting rules in the regulation of profits control behavior of listed companies with related party transactions. Then it examines the internal and external causes for the limitation. Finally it puts forward some measures to improve the accounting rules.This thesis consists of four parts:Part one introduces the basic theory of related party transactions and accountings rules on related party transactions. After a brief introduction of the definition, the economic reason for the existence and the nature of related party transactions, it analyzes the current conditions of unfair transactions between listed companies and their related parties in our country. Finally it introduces the basic theory problems of accounting rules on transactions between listed companies and their related parties.Part two examines the evolution of the accounting rules. After a survey of the evolution of the accounting rules, it draws an important conclusion that there is a limitation of the accounting rules in the regulation of profits control behavior of listed companies with unfair related party transactions. Then it points out that the limitation should be viewed from two aspects: the internal cause is the defects of accounting rules and the external cause is the flooding of unfair transactions between listed companies and their related parties.Part three analyzes the limitation of the accounting rules in the regulation. First it analyzes the existing defects of the accounting rules, then it analyzes the reasons for the occurrence of unfair transactions between listed companies and their related parties.Part four puts forward the specific measures to improve the accounting rules. First it presents the measures to improve the accounting rules, then it puts forward the measures to regulate unfair transactions between listed companies and their related parties.