Research On The Accounting Professional Judgment In The View Of The New Accounting Principle

China's Accounting Principle for Business Enterprises was published in 2006. The public companies listed on Shanghai and Shenzhen Stock Exchange were required to implement the Principle since 2007, which means that China's Accounting Principle is a principle-oriented standard rather than a rule-oriented one and Accounting Principle set out on the way to IAS. From then, accounting professional judgments began to walk into people's eyes because of the change of the principle from the rule-oriented standard. The high quality of accounting professional judgments lead to the high quality of accounting information which provide the users of financial statements useful information to action. Up till now, the Accounting Principle was implemented for three complete years, and people are concerned with the condition of accounting professional judgments. Under this situation, I start out from China's Accounting Principle, with the theme of accounting professional judgments, and provide how to solve the problem of the low quality of accounting professional judgments.This paper begins with the relative foundation of accounting professional judgments, talks about the content of accounting professional judgments, and analyzes the outside factors which influence accounting professional judgments. After that, the thesis reviews how accounting professional judgments developed under the condition of accounting principles. Then, this paper probes into the problems of accounting professional judgments and analyzes the reasons of the problems. All the problems are brought forward from the real statistics and examples from the public companies from 2007 to 2009. Finally, based on the above, this thesis supplies a complete application of the advancements of accounting professional judgments. Above all, I forecast the future of the Accounting Principle and accounting professional judgments. This thesis consists of five parts.The first part is a preface, which introduces the writing motive, researching condition at home and abroad.The second part is the foundation of accounting professional judgments. This section describes the background, definition and internal and external factors of accounting professional judgments.The third part explores the conditions of accounting professional judgments and the reasons. Firstly, I gave some statistics and examples of public companies in order to reach conclusions that the quality of accounting professional judgments is low. Secondly, I try to summarize the reasons of the low quality of accounting professional judgments.The forth part proposes solutions and the forecast. This section narrates three solutions according to the reasons given above. Most important, I describe the future development of accounting professional judgments and the accounting principles.The fifth part gives conclusions. I concluded the whole thesis in the end. Also, I point out the new research of the paper and also the drawbacks. Hoping other teachers and students could continue to study on this field, I point out some things that could be advanced.