Reasearch On International Equivalence Of China's Accounting Standards

With the development of economic globalization and accounting, as the international language of business to achieve international convergence of accounting standards and capital markets is the trend among the equivalent. 2006 marked the promulgation of accounting standards with International Financial Reporting Standards in China to achieve a real convergence. Ministry of Finance carried out along with Hong Kong, the EU and U.S. accounting standards equivalent work. From accounting standards in terms of technical properties of the international equivalent accounting standards between countries not only by the impact of the accounting technical strength, but also by differences between countries accounting environment resulting effect of the restrictions on the implementation of accounting standards.From accounting standards to carry out the social attributes, accounting standards equivalent to the success depends on the political and economic interests of the game state to state. Determine the balance of interests between countries of international accounting standards equivalent to the negotiations. At present, China has made accounting standards equivalent to more great progress, but the equivalent found in the process, the International Accounting Standards and the State of how to balance in order to safeguard their own interests? Anti-dumping results in the equivalent accounting standards can play an effective role? In the long term development of China's capital market and foreign companies listed Whether the required funding needs identified in China to establish the accounting equivalent program? This paper studies the attempt to reveal the deeper essence of these issues, and international equivalent accounting standards in China to speed up the process and follow-up to the implementation of the equivalent effective way to explore reality.This study used standardized methods to analyze these issues. I first international accounting standards equivalent to the concept of an explanation,then analysis of accounting standards equivalent to the meaning of our country.Secondly, the author of the world's major countries and regional alliances of accounting standards equivalent to the process and strategies are analyzed. Accounting techniques in different countries from the strength of constraints, differences in accounting environment and in the international political and economic status of inequality, leading to different countries in the process of accounting standards equivalent to those suited to their national conditions, measures to speed up the process of accounting standards equivalent.Thirdly, based on the analysis the European Union, the United States and Japan each accounting standards equivalent strategies and limited social environment, summed up the equivalent of four impact factors of international accounting standards. Accounting standards equivalent to the integration of not only the technical standards of accounting, but also between countries by the economic environment, the political environment, legal environment and cultural environment.Finally, the author of Chinese accounting standards equivalent to a simple description of the process, analysis of China's accounting standards equivalent work-related issues and to explore the reality of these problems an effective solution.The main contribution of this paper are as the following three aspects: firstly, affecting international accounting standards equivalent factors are divided into four categories, and in-depth analysis of the four elements to affect the accounting standards equivalent ;secondly, for foreign companies to speed up the process of listing of A shares, proposed to create the equivalent of accounting standards solution concept and program standards details; thirdly, for the equivalent of Chinese Accounting Standards for the problems encountered in the process, it puts forward some viewpoints to how to follow-up work to complete the accounting equivalent and strengthen the use of accounting equivalent outcomes.