| "The faster economies develop, the more important accounting shows . The reason for the importance of accounting is that under the condition of market economy, managers of enterprises, investors, government, and other related party make decisions with reference to the information provided by accounting to a large extent. Therefore, the accounting information of an enterprise should simultaneously meet the requirements of the operational management within the enterprise, macro economic management and regulative measures, and other related party in knowing the enterprise fiscal operation and management achievements. Hence, warranty of the accounting information quality for an enterprise, particularly the fidelity of accounting information, becomes the pivotal point of accounting.However, since 1990 the foundation and operation of national stock market, the distortion of accounting information in listed companies has been extremely serious, which in turn leads to more severe economic outcome. This has done harm to the interest of quantities of medium-scale and minor investors, decreased the effects of government macro regulative measures and market resource allocation power, and influenced healthy development of national capital market. In this thesis, we aim, through analysis on the causes and representation of distortion of accounting information in listed companies, to find solutions in dealing with distortion of accounting information, in order to make accounting information provider present faithful information, to secure healthy development of stock market, to protect interest of related investors, and to guarantee the advancement of market economy reform.This thesis is composed of six parts, i.e., Introduction, survey, theoretical basis,motivation and representation,causes, and harnessing measures in dealing with listedcompanies. Part I, Expound the paper selected topic goal and the significance,theliterature summarize, the research mentality as well as the research technique.Part II,introduces features and functions of accounting information, definitions to distortion ofaccounting information, and the harms to economy society and life. It holds that distortion isa fundamental feature of accounting information, and faithful accounting information playsimportant role for investors and related parties. Distortion of accounting information in listedcompanies may bring about great damages to managers, investors, creditors, and relatedgovernment sectors. Part III, based on information asymmetric theory of informationeconomics and theoretical analysis of distortion of accounting information in China's listedcompanies, thinks that there exist heavy asymmetry among parties of contracts, managegroups of enterprises access to more information than exterior information users such asminor stock holders, creditors, potential investors, and government sectors. Informationasymmetry may in turn lead to converse selection, morality risk, and distortion of accountinginformation. Part IV .introduces main representation of distortion of accounting information,such as alteration of accounting policy and accounting evaluation, application of inadequatecalculation methods, makeup accounting proceeding, incorrect t exposure of importantaccounting items, or incorrect forecast of future benefit. Part V, analyzes potentialmotivations and causes of faked accounting, in which motivations for faked information are... |
