Solution And Effects Of Chaning Prices On Enterprise' Accounting Information In The View Of The New Accounting Standards

Under the market economy,price fluctuations are an inevitable economic phenomenon. Especially in recent years, price is volatile. In the first half of 2008, CPI is up 7.9%, and PPI has reached 7.6%. Such a high rate of inflation is bound to impact the traditional accounting theory and accounting method, and thus affect the quality of accounting information of listed companies. In China there is still no specific price changes accounting standards, can current accounting standards respond to price changes on accounting information quality? If it can not deal with them, what measures are took. This study is to analyze the content of this article. On the basis of describing traditional theories and measurement model on accounting for changing prices, this paper analyses price changing impact on the quality of accounting information of some listed companies according to their data in 2008.And then, combined with China's specific conditions, the paper put forward some concrete measures on how to reduce the current status of price changing on the quality of accounting information.In addition to the introduction, the paper is divided into six parts:The first part introduces the theoretical basis and the traditional measurement model of accounting for changing prices, which is the cornerstone of it. The second part discusses the relationship of fair value accounting and accounting for changing prices, and think fair value can be used as an auxiliary measurement model. The third part introduces the outstanding research results of the major countries of Europe and the United States and the international accounting standards on price changes, and conduct a comparative analysis for them. The fourth part analyzes price changes impact on the companies'financial condition and results of operations under China's new accounting standards from the qualitative and quantitative view, and the results show that the current accounting standards'ability to respond to price changes is limited. According to the current accounting standards'ability to respond to price changes, the fifth part give some countermeasures in the period of high inflation and the economy in the normal operation. And the last part summarize the paper and introduce the innovation and shortcomings of the paper.