Study On The Mode Of Public Company Accounting Regulation In China

For the past few years, in the securities market home and abroad, there were numerous fraud cases revealed to public about public company making up false accounting information. The serious frauds, schemed financial scandals and overwhelming statistic traps, which led to the lost of investors'interest, cause international sensation. Due to the lack of supervision, those events happened. Therefore, the accounting supervision. along with the intermediary organizations and accountants who provide accounting service were doubled consequently, which triggered the biggest trust crisis ever in history. The government regulation of accounting information system was also questioned, which once again makes the public to review its performance and considerate better approaches. Right now, it comes a right time as ever to ask the question which is that what an appropriate should be.Based on the concept of supervision of accounting, the paper, in order to point out the differences and learn from successful experience of the supervision modes between those advanced countries, such as United State, British. German and Japan by the method of horizontal comparing and evaluation, concludes and sorts its classifications and analyzes the economic basic of accounting supervision and its current status and defects, gives the ideas which are target mode and transition mode, and gives required supporting measures which is to adjust the force of responsibilities externally making the best of the public force/source and develop to complete the proper function of accounting supervision internally inside of the public companies for the running effectively and positively.