Research On The Accounting Policy And Their Information Functions Of Listed Companies In China

Listed companies accounting policy is an important subject in the accounting researches in Western countries. Especially nearly three decades, Western scholars have made unremitting efforts on it and they have formed the system of theories that can be represented by the positive accounting theory. Along with the reform of the accounting system and the capital market continuously evolving, a number of issues about listed companies accounting policies also have become increasingly important issue in our country. However, the study of the accounting policies disclosure is still under initial stage and will require further in-depth and systematic research.This study researches accounting policy disclosure of listed companies and expects to increase our accounting policies disclosed information functions. In detail, the advantages are as follows: (1) it helps the investor to obtain the information of accounting policy choice, and increases his ability to identify the accounting information, and benefit his decision making;(2) it is helpful to the listed companies to overcome the managers'opportunisms behaviors and to make accounting policy choice "legitimate" and "fair";(3) it is beneficial to enrich and develop the theories and methods of accounting policy disclosure.There are mainly five parts in this paper as follows:The first part is introduction, which consists of the issues raised, research status quo in home and foreign countries, the technical path, research method, and the paper's content system and innovations.The second part is accounting objectives and the need for disclosure of accounting policies. With the establishment of accounting information systems, accounting objectives becomes a starting point to accounting study. Our financial accounting goal should be positioning in the combination of useful decision-making and accountability, which advocates a historical cost basis, with additional disclosure. The selection and application of accounting policies and changes as an important financial information can not be disclosed in the...