Study On The Quality Characters And Policy Suggestions Of Accounting Standards In China

The research about high quality accounting standards began in late 1980s, but the concept, high quality accounting standards ,was offered firstly on the international research meeting about accounting standards in Shanghai in 1994. Then the scholars began to research the characters and construction of high quality accounting standards. Authur Levitt, former chairman in SEC, made a speech in 1997, which has carried the discussion about high quality accounting standards to a new stage. Several main accounting groups stated their views about the quality of accounting standards.Although America wants to defer or refuse the international accounting standards by discussing about the high quality accounting standards, it gives little cause for criticism to seek the high quality accounting standards. The high quality of accounting standards is the basic premise of ensuring the quality of accounting information, so there are the important theory value and realistic significance to study the quality characters of accounting standards. Until now, the researchers have had no agreeable and confidant conclusion about what the quality standards of accounting principles are and how to improve the quality of accounting standards. Especially, we should study the total quality of accounting standards of China and make sure in which aspects the accounting standards should be improved.Based on the accounting standards and the basic theory of making them, this paper studies the quality characters of accounting standards of China , appraises Chinese accounting standards, analyses main problems and reasons and negative effects, and finally offers the polices of building the high quality accounting standards of China.