Historical Changes Of Chinese Accounting Standards Since Thirty Years Of Reform And Opening-up

Since 1978, economic reform was carried out in our country established a socialist market economy with Chinese characteristics. Meantime with the transition from planned economy to market economy, the accounting system in our country adapted to the needs of transition to market economy. The accounting standards generated, developed and improved in such socio-economic environment.It is obvious that accounting standards system as the regulation of the "order" and measure of the economic system and of market operation, reflecting the basic economic activity rules, interplay with the economic system at the macro level albeit no agreement achieved on the role and the function on the economic operation of the accounting standards of different scholars. The accounting standards infrastructure, evolution, development direction are decided by starting point, path selection and development tendency of the economic system. Meanwhile, the accounting standards and norm system also promote the consolidation of the economic base and improvement of the economic system. China's current economic transition plan to obtain multiple objectives--industrialization, market-driving and the reform of the socialist system, which can benefit with the whole system's constantly adjustment and collaborated improvement. Therefore, it is important and meaningful to support economic reform and evolution by studying process of changes in accounting standards and the factors on the system as an important part of regulation of economic option order.This paper is consisted by five chapters. The instruction part briefly introduces the purpose, significance, the research framework and methods of this research, and summarizes related studies at home and abroad. The second chapter provides theoretical support for the article by introducing the closely related theories on system, accounting standards new institutional economics. The third chapter induces and summarizes the historical vicissitude and analyzes the prominent features of which, all based on the description of the emergence and development of china's accounting standards. The fourth chapter finds out the motivations for accounting standards transition in China under the direction of the New Institutional Economics theory. the last one discoveries the problems in transition in accounting standards and put forward the author's own point of view.