Font Size: a A A

Try To Discuss The Reason Of Distorted Accounting Information In Terms Of Law

Posted on:2006-05-07Degree:MasterType:Thesis
Country:ChinaCandidate:L ZhangFull Text:PDF
GTID:2166360152985091Subject:Law
Abstract/Summary:PDF Full Text Request
Nowadays, probing into the origin of the distorted accounting information and find the effective way to manage it are very important. The purpose of this article is to discuss how to perfect company's corporate governance through the legal means , set up internal financial-regulating mechanism and then the distorted accounting information can be controlled effectively.This text analysed the reason of the distorted accounting information in terms of law, pointed out that the faultiness of the corporate governance is the profound reason of the distorted accounting information that corporate governance. There is direct connection between the qulity of the accounting information and the internal-financial mechanism in the same company. On preventing accounting information from being distorted, compared with external financial-regulating mechanism, internal financial-regulating mechanism is more effective and have lower cost, more important, the bug of the external regulating mechanism that is passive regulated can be balanced, consequently, the benefits can be maintanced in all aspect. So, setting up effective internal financial-regulating mechanism is very significant to prevent accounting information from distorted.Said from organization structuring, the internal financial -regulating mechanism of the company in our country is nearly perfect .There are completely setting from the shareholders' meeting , board of directors to the board of supervisors, also from everyprofessional committee to independent director in most of enterprise . However, the current situation of the cooperation in different financial supervisor, control and their party responsible is still not optimistic . During further perfect the internal financial-regulating mechanism that based on the company management and the cooperation in different financial supervisor, control and their party responsible, the checks and balances between the responsibility, power and benefit in different companies can be realized. Consequently, the distorted accounting information can be controlled.In this text, both the theoretical analysis method and the demonstration analysis method are adopted, the running actuality of the internal financial-regulating mechanism of enterprise in different dinterrelated department was analysed one by one and the proposal to improve were tabled. In addition, these different department also were putted in the internal financial-regulating of the company, their balance and consolidated utilization were discussed emphatically.Corporate Govemace is a hot problem that is studied in recent years. But explained the production of distorted accounting information from the corpotate goverance and pointed out that to control the distorted accounting information through perfecting the interanl financial-regulating that based on the company's administration structure is the innovation of this article. At the same time, the own viewpoint about the construction of the internal financial-regulating of the company that take board of supervisors as the core was put forward as well.
Keywords/Search Tags:distorted Accounting information, Corporate Governance, internal financial-regulating mechanism, Board of supervisors, Board of directors
PDF Full Text Request
Related items