The Research On Debt Reorganization Criterion

In February 15, 2006. the Ministry of Finance issued 38 specific criteria and the basic norms of the new set of accounting standards system, it marks the convergence with International Financial Reporting Standards Accounting Standards System formally established, to improve the socialist market economic system. and raise the level of opening up the global economy were to accelerate China's integration is of great significance. Others expressed their concerns and worries, mainly in the following aspects : First, fair value is difficult to "fair" and the profit is very likely to become a tool of manipulation; Second, companies may have to adjust earnings manipulation debt restructuring, debt restructuring will become the darling of the stock market once again; Third, listed companies to disclose the debt restructuring proceeds.In academic journals and theoretical research on the debt restructuring is still relatively small, to improve the existing problems of the process of debt restructuring is still relatively scarce. Based on financial disclosure reports to the fair, the ultimate goal of authenticity. To further improve the debt does not arise in the process of regulating the disclosure of the criteria to make recommendations. This paper will be 98 years, 01 years, 06 years of the criteria for analysis, 06, the new guidelines will also compare with international norms. thus 06 years of the new evaluation criteria and make recommendations.