Financial Reports Of Our Country: A Reform Suggestion Based On The View Of Resources

This paper uses the resource theory to analyze and study the reform problem of our country financial reports .The present financial reports are limited day by day and couldn't reveal the present situation and real value of a firm. As economic globalization, knowledge-based economy of booming development, continuous changing of economic environment, continuous activities of economic activities, people need more financial reports information.Over several years, many domestic and international scholars had researched mainly to financial reports. At present the majorities just research the financial reports of the real object assets or the problem of financial reports information is not true. It isn't solved that the disclose problem of financial reports .The financial reports couldn't reveal the resourced and real value of a firm. We believe that the new financial reports based on the view of resources should be set up as the business value, ability, knowledge, total income influence the business existence and development and value.Resources were divided into assets and capabilities in this paper. This paper analyzes and studies the accounting elements in china. The accounting elements might be added capabilities, gains and losses. I would improve retained accountancy reports. Accounting elements revealed concretely the accounting object and it was the important item that would be disclosed in financial reports. I believe that the added accounting elements should be disclosed in the financial reports. I designed business ability report in order to provide the more complete and dependable accountancy report to reflect business resources,raise the decision relativity of accountancy's information .The manager, the investor and creditors can use the reports to make a decision of exactitude, achieve the maximize value of business and personal, finally realize the maximize wealth of the society.