Research On Improvement Of Financial Reporting Of Beijing Tongrentang Limited Company

Financial reports can reflect the company s financial condition, commercial result and cash flow roundly. So they are full of significance to both the company and the benefit related users. Financial reports don't exist independently but in a certain kind of economy circumstance and at the same time the latter will change with the social environment. So in the view of relativity and development financial reports must adjust according to the social transformation otherwise what they provide will lose useful and relevance . Balance sheet, Profit flow table, Cash flow statement, in long period, have met demands of society. But in the 21st century, the competition, aggravation of risk, development of Hi-Tech, information of the trade demand to improve, the voice that people demand to improve the financial report is higher and higher. In the new economic environment, especially in the internet environment, financial statements reporting system differs from the current financial statement reporting in content and format and way of transmission. This paper discusses the method for financial statement reporting improvement and content and analyzes the information technology's influence on financial statement reporting and how to deal with information technology's impact on FS reporting improvement.At first of all, this paper proceeds from basic theories of the financial statement report, According to an analysis of Tong Ren Tang's financial statement reporting and with regard to the relevant problems existing from Tong Ren Tang's financial statement reporting, summarizes the experience from IPOs from home and abroad, the author proposes some addresses and suggestions to improve the financial reporting in our country.