The Research On Grounded Theory Of Public Information Accounting

In the era of knowledge economy, stakeholders out of the enterprises pay more attention to the financial accounting information which is reported by companies. While the present production and report pattern of financial information which is based on the present financial accounting theory cannot meet the needs of the financial information users outside. The current financial accounting information lacks fidelity, relativity and timeliness. The purpose of this article is to innovate the present grounded theories of financial accounting to provide a theoretical basis for new production and report pattern of public financial accounting information.The first part of this paper analyses the abuse of the present production and report pattern of public financial accounting in the company from two points of view: first, in the era of knowledge economy the present public financial accounting information cannot meet the quality requirement of outside stakeholders; second, the function and achievement pattern of accounting system need reconstruction. Then the author puts forward the necessity of the construction of public information accounting and analyses the feasibility of that. In the second part, the author analyses the product attributes of public financial accounting information and reach the conclusion that: the public financial accounting information is a public product and the companies can get some benefits from reporting them such as propagating themselves, absorbing funds and etc. So the public financial accounting information should be provided by the government. Then the author concludes that the essence of public information accounting is a social economic information service system out of the accounting entity, the social economic system can know the status of the accounting entity from this service system. In the third part of this article, the author analyses the needs of accounting circumstance in the era of knowledge economy and the reflection of accounting objective to the accounting essence, then the author reaches a conclusion that the objective of public information accounting is economic connection information which is produced from the business practices of enterprises. In the fourth part of this paper the author analyses the function of public information accounting from two points of view: systematic function analysis and the definition of the essence of public information accounting. The author reaches a conclusion that: the function of public information accounting is reflection only. As for the validation and examination of the information resource and information quality for the objectivity and reliability of the information are not supervision and domination but technical examination. In the fifth part of this paper the author analyses the main body, object and realizing pattern of the financial accounting goal which compose and restrict the financial accounting goal, then the author reaches the conclusion that the public information accounting goal is to provide the accounting information which have...