Study Of The Establishment Of Our Country's Accounting Policy

The foundation of the efficient market-economy is probably the excellent accounting information, but the preconditions should be the first-class accounting criteria, the quality of which will be greatly influenced by their various established patterns. Therefore, the study of the criterion-patterns is of great significance theoretically and practically.China has promulgated a basic accounting criterion and 38 accounting criteria recently, which consist of a complete system of accounting criteria and, to the greatest degree, realize the conformity with the international accounting principles. However, the subject, the guidance and the structure of the criterion-formulation are quite different from the prevailing patterns of the international accounting principles, which arouses a hot debate theoretically and practically in the accounting field.This paper focuses on several issues of the Chinese accounting criterion-formulation, such as the subject, the guidance and the structure, etc.. The writer compares ours with those made by foreign countries, analyzes their advantages and disadvantages respectively, and discusses the different directions of the development of the criterion-formulation, on the basis of which he theoretically gives his own opinion on the formulation of all the aspects of the Chinese accounting criteria, and deeply researches into the influence of the accounting environment over the formulation patterns of the accounting criteria as well as their specific characteristics, the current situation and the existing problems. The author also puts forward some suggestions on methods and directions of improvement.