Discussion Of Professional Judgment Of Accounting

Professional judgment of accounting is the offspring of social advancement and accounting development. Now it has been one of the important factors about the information and quality of accounting. Western countries such as USA had been to research professional judgment of accounting since 1960s. In china, professional judgment of accounting did not appear until 1990s. And its great importance was not attached to until 2000, when Company Accounting System and more and more accounting Standards' were issued. With the development of economy all over the world, the internationalization of accounting standards, the conversion of accounting standards mode, it has become a tendency to encourage the development of professional judgment of accounting. And the Company Accounting System and the certain accounting standards' also have offered a great chance for its development.Based on the accountant's practice, this article takes accountant standards as its instruction, and takes accounting professional judgment as the research object. By applying the method of system analysis, this thesis makes a comprehensive analyzes about the theory and practice of accounting professional judgment with the purpose of making better use so that it meet the demand of accounting information. The exploration of elementary theory question starts with its connotation. The thesis points out that professional judgment is the internal demand of accounting principles and regulations and entailed by the delaying which characterizes the law. Besides, the fuzziness and indeterminacy of actual basis accounting makes the judgment necessary. Then, it constructs a comparatively perfect professional judgment theory by completely explaining its content, principle and method, aiming at establishing a more perfect theoretical structure of accounting professional judgment. Then it mainly discusses its influence, and also presents the main barriers in our country in detail. After that it shows its assumption that if wanting to improve the quality of accounting information, it is necessary to enlighten the professional judgment ability of the accountants and create an excellent environment. At last, this thesis focuses on analyzing about the applying of the professional judgment within fixed assets, loan, contingencies, probable clause, the relationship between both parties, and the transaction principles.