Research On Chinese Accounting Standards Setting For Small Sized Enterprises

Small sized enterprises are numerous. They play a very important role in the development of national economy and solving the employment problem. Small sized enterprises are different in accounting recognition, measurement, reporting and disclosure compared with large and medium-sized enterprises. Due to the particularity of small sized enterprises, many countries had set accounting standards for them. In 2006, China's Ministry of Finance promulgated Enterprise Accounting Standards.. The new guidelines basically achieved with the international convergence of accounting standards. But it is very difficult for small sized enterprises to use the Enterprise Accounting Standards. In such circumstances, the study of accounting standards in the small building is of great significance.To study the setting up of accounting standards for small sized enterprises, we must consider our international special situation as well as the circumstance of the international. Firstly, set the IFRS for SMEs as subjects to study the international accounting standards board and the main international financial reporting standards formulation of the content and background, criterion research conclusion, to guide our sized enterprises'accounting standards. Research status of Chinese accounting standards for small sized enterprises and establish accounting standards, and puts forward the necessity of Chinese accounting standards formulated basic idea of small and related Suggestions.This thesis consists of four parts as follows:The first part is the introduction. Introduces the construction of small accounting research background, research to perfect our accounting system, the constituting mode of accounting criterion businesses choose such theoretical significance and practical application value for small businesses. The last part is literature review of the accounting standards for small sized enterprises. The second part is the research of IFRS for SMEs. I set the IFRS for SMEs as subjects to study, and study the reporting standards formulation of background, including project, the council, comments and feedback, officially released draft etc. Subsequent to the IFRS for SME'main contents, including contain preface, the text and appendices. This thesis finally analyzed IFRS for SMEs in order to guide the setting up of accounting standards for small sized enterprises.The third part is the construction of setting accounting standards for small sized enterprises. Firstly analyses present situation of the construction of the accounting standards for small sized enterprises in China, Begin with the present situation of the management of accounting work and small sized enterprises, to expound the present situation of current predicament. Then from the aspects of theory and practice in the accounting standards for businesses in China, and expounds the necessity of the accounting standards for small sized enterprises. At last discus the latest developments of accounting standards setting for small sized enterprisesThe fourth part is the suggestion of setting accounting standards for small sized enterprises. First write about the national conditions in China, put forward the basic thought of accounting standards for small sized enterprises, including institutions, model selection and applicable scope, procedures etc. Then combining questionnaire survey and IFRS for SMEs, focuses on the model selection and accounting standards should be ignored, simplify the theme, measurement and disclosure, presentation, etc.Although the new accounting standards basically convergent with the international convergence of accounting standards, it is not suitable for small sized enterprises, small sized enterprises still execute Small Enterprise Accounting System. China has no accounting standards for them. To set up suitable accounting standards for small enterprises is an inevitable trend. Through questionnaire survey this thesis involves applicable scope, model selection and simplifying the contents etc. But due to the limitations of questionnaire survey and the environment, the questionnaire doesn't involving all industries, so the feedback information is limited, the analysis of this is of low depth, results can be effected, but overall, this study are scientific and effective.