The Study On The Theory And Application Of Accounting Professional Judgment

Professional judgment of accounting is the offspring of social advancement and accounting development. Now it is one important factor in quality of accounting information. The Western countries as the US began to research professional judgment of accounting from 1960s. But in china, professional judgment of accounting appeared after 1990s, and great importance was attached to it after 2000, when Company Accounting System and more and more accounting Standards' were issued. The development of economy of integration, internationalization of accounting standards and the conversion of accounting standards mode make encouragement of professional judgment of accounting the tendency in this field. Company Accounting System and Accounting Standards' have offered considerable room for judgment.Based on the accountant's practice this article take accountant the standard as the instruction, and takes accounting professional judgment as the research object, through the method of system analysis, this thesis makes a comprehensive analyzes about the theory and practice of accounting professional judgment with the purpose of making better use of professional judgment to meet the demand of accounting information. The exploration of elementary theory question starts with its connotation. The thesis point out professional judgment is the internal demand of accounting principles and regulations and is entailed by the delaying which characterizes the law. Otherwise, the fuzziness and indeterminacy of Actual Basis Accounting makes the judgment necessary. Then, this thesis constructs a comparatively perfect professional judgment theory by completely explaining the content, principle and method of accounting professional judgment, aims at establishing a more perfect theoretical structure of accounting professional judgment. The exploration of the practice focuses on analyzing fixed assets, loan, contingencies, probable clause, the relationship between parties and the professional judgment applied in the transaction principles.The last this thesis, mainly discuss to the influence of professional judgment, and presents the main barriers of accounting professional judgment in our country in detail. Therefore, we can say that to improve accounting information quality presupposes improving the professional judgment ability of the accountants and constructing an excellent professional judgment environment. Such environment includes: the perfect control system within companies, the sound external supervising system oriented by the government, the reform of accounting education, the training of accountants, the careful design of the successive education system, the improvement of the accountant's work ethics and professional quality.