Research On The System Of Indexes Ranking Accounting Information Quality Of Listed Companies

Accounting is first chaotic before the world becomes so and is governed after the world has been governed, this archaism reveals the important functions of accountancy in the economic development. Nowadays, the distortion of accounting information becomes very serious. False accounting information exists in the world and is obstructed in economic development and macro-management in countries. A series of accounting information fraud at home and abroad in the past several years makes people think what happened. How to ensure the quality of accounting information becomes the focal point. From a point of view of setting up an index system scoring accounting information quality of listed corporate and developing an information-user-ranked system, this paper suggests a judgment standard of accounting information quality.In order to establish the system of indexes, this article looks back on the studies on accounting information quality and relative evaluation index firstly. After that, on the bases of defining the conception of accounting information quality, the characteristics and the evaluation index of it, this article introduces different opinions of various organizations and academician, and then putting forward some views and thoughts of my own.On the bases of above analysis, making domestic and oversea index system for reference, and integrating with the actual situation of our country, this paper designs an index system to score the accounting information quality of listed corporation. The system can be divided into 6 groups: badness records; the consistency of accounting policy; the degree of full disclosure; the timeliness of disclosures; the information disclosures in corporate web sites and other disclosures; profit quality. Every of former five kinds of indexes can form a sub-scorecard separately; profit quality consists of six quantitative indicators. The investors and potential investors can compare different companies'sub-scorecard and quantitative analysis of profit quality to rank the accounting information quality of listed corporation.Finally, according to the system of indexes established above, the article orders the quality of accounting information of listed companies in 2005 in Nanjing and briefly brings forward the operating mechanism of this ranking system designed.