Combined Implementation Of The Guidelines On The Quality Of Accounting Earnings

Accounting is the essence of an information system, so Accounting standards are the standardize of accounting practices to ensure the quality of accounting information. China's system of accounting standards with international standards is gradually in order to meet China's economic development, In 2006 the new accounting standards issued, and in January 1,2007 implementation of the first in the listed company. Business combination accounting standards for the first time as an independent is one of the highlights in the new standards system. Guidelines of the Consolidation business combination accounting treatment with typical Chinese characteristics is different from the common practice of international, which is coexistence between the purchase method and pooling of interest method. Mergers and acquisitions among enterprises belong to a major event in the securities market.It will have a significant impact on capital markets. Accounting treatment of business combinations as technical issues also become the focus of controversy. This business combination accounting standards in China will use this purchase method and pooling of interest method is reasonable co-existence of dual structure and implementation of effective analysis of how, which is the contents of this paper. In business combinations purchase method of accounting standards and the pooling of interest method of accounting information have different effects especially in the context of specific market. It is in light of merger accounting standards to accounting information as a carrier to form the economic consequences of high and low quality of accounting information to determine effects of consolidations accounting standards. Evaluation of accounting information quality has become a business combination accounting effect of an important basis for the implementation with the disclosure of the capital market. Accounting earnings information as an important part of the accounting information more easily access the capital markets. This will be the value relevance of accounting earnings information whether the improved empirical research as a starting point the implementation of Consolidation effect of accounting standards.First of all, theory defines value relevance of accounting information related to merger accounting standards and the basic concepts of economic consequences. And introduced the theoretical basis of empirical research:Efficient Market Hypothesis, Capital Asset Pricing Model, Contract Theory and the Theory of Single-person Decision-making. Evaluation of the quality of accounting information into the standard analysis of merger accounting standards for listed companies to implement information quality of accounting earnings. Quality of accounting information of listed companies the level of implementation of the guidelines is to evaluate the effect of merger accounting basis. Therefore, the study of accounting information quality on the premise that quantitative methods to find correlation. Based on this, from the perspective of correlation between the implementation of China's listed companies post-merger accounting standards changes in the quality of accounting information, from whether to raise the quality of accounting earnings information to detect effects of merger enforcement of accounting standards. This article basis earnings per share information in the explanatory power of stock prices, And earnings per share and net assets per share synergies to verify both the quality of accounting earnings information, and presented in this paper on the basis of empirical hypotheses.We selected from different angles before and after the samples were analyzed the value relevance of accounting information is a significant improvement. Through the statistics before and after the implementation of the value relevance of accounting earnings information to verify the extent of accounting information quality is improved in China Capital market. This paper selects Shenzhen, Shanghai and cities in 2006,2007, 2008, annual reports of listed companies to implement Consolidation data sample. Listed companies on the implementation of the merger in 2006,2007,2008, an empirical analysis of financial data in using statistical tools SPSS 17.0 and Excel 2003. Based on the value relevance of previous research to build revenue model and pricing model. The hypothesis has been verified. The empirical results obtained is that after the implementation of guidelines for the value relevance of accounting earnings information is higher than before the implementation of the guidelines. Combining conclusions of this study, guidelines for the implementation of the merger at this stage in the binary pattern is applicable in China. Consolidation with the problems found in this study have several suggestions. That the future implementation of accounting standards and the development process, we should fully consider the economic consequences of the implementation of accounting standards, while strengthening the implementation of regulatory guidelines to ensure effective enforcement of accounting standards.In this paper the characteristics of accounting information from surplus value related Angle to verify our consolidation accounting standards implementation effect, prove merger criterion dual structure suitable for China's national conditions. But the limitations is mainly manifested in the sample data representative of the model, variable design aspects. And article requires further study...