Research On Accounting Practice Under Electronic Commerce Environment

Information technology based on the Internet has had a great impact on social development and prosperity. Electronic commerce is characterized with the application of Internet in the economic activities, which penetrates into all aspects of social life and has become one of the main factors to contribute to economy. Electronic commerce has brought about all-around and profound changes in accounting. Traditional business procedure, management style , accounting theory and practice will change in accordance with Electronic commerce. The thesis researches into the impacts of Electronic commerce on traditional accounting theory and specific accounting practice in the environment of Electronic commerce to improve accounting theory, which will meet the demands of our era.Accounting theory and method are broad and profound. The thesis probes some hot issues in accounting theory and method. IT analyses basic characteristics of accounting under the circumstances of Electronic commerce based on the theories of Electronic commerce and accounting. It also makes an analysis of influences that Electronic commerce has on accounting functions, accounting assumptions, accounting principles, main factors of accounting, accounting objects and its identification. An Internet accounting procedure is designed with the reference to previous research and according to the updated development of Electronic commerce accounting. The thesis carries out a research on accounting information processing in accordance with characteristics of Electronic commerce accounting information. Traditional accounting informational reports have shown their disadvantages due to changes of demands from information users, who conduct Electronic commerce. Accounting information reports have to be upgraded in such aspects as scope, content, principle and approach. The thesis proposes strategies for the development of Electronic commerce accounting system, including policies, law environment, soft ware design and function information technology adopted in enterprise management, establishing and improving security system of Electronic commerce accounting, security measures and cultivating well-qualified technical personnel.