Research On The Accounting Policy Choice Of Enterprise Based On The Contract Theory

The accounting policy choice is the foundation of enterprise's accounting information, and can produce the widespread social and economic consequence. Also is one of important research topics in accounting area. This article takes the modern enterprise contract theory to analysis accounting policy choice present situation and the existence question in our country, and how to optimize the contract, to promotion accounting policy's efficiency, and to make the contract partner's benefit maximization. This dissertation has much discussion. According to this purpose, the structure of this thesis was arranged as follows:In the first part of this dissertation, after drawing out the thesis and the research value, the dissertation introduces the enterprise contract theory and the enterprise contract sub-contract that is accounting contract. Because of the contract completeness, the question of the enterprise residual control and the residual claim produces. This article pointes out the accounting policy choice belongs to accounting residual control right, commences a venture in the enterprise residual option. This article limits the accounting policy choice and the correlation basic concept.In the second part, we analyzes accounting policy choice's motive. Analyzes the three contract hypothesizes about the accounting policy in West, which are Pay Contract Hypothesis, Debt contract Hypothesis and Political Cost Hypothesis. Author introduces performance situation in our country; analyze relations between the Principal-Agent theory and the accounting policy choice; relations between the stockholder's rights reform and the accounting policy choice. Then, this article makes assets depreciation accounting policy choice's utilization as an example, proves that accounting policy choice has certain contract motive in our country, Because connected contract design is imperfect, as a result, our government has not promoted the efficiency of accounting policy choice, instead has caused the opportunism of accounting policy choice. When our government entrust with enterprise accounting policy option,In the last, this article discusses accounting policy choice contract optimization question in our country. Because the accounting policy choice has the economical consequence, it is necessary to consummate the contract together, further consummates the interior and exterior restraint mechanism, reduces accounting contract's completeness, establishes the contract system that guarantees the enterprise benefit counterparts benefit maximization, avoids the opportunism, and makes the efficient accounting policy choice appearance.