Research On Avoiding The Corporate Legal Risks Based On Accounting Perspective

Along with the Chinese economy market system's consummation, and the global economic integration's advancement, the domestic corporations as the important main body take part in the domestic and international market competition, facing various risk. Among them, the influence of the legal risk is prominent.On March 18, 2005, State-owned Assets Supervision and Administration Commission of the State Council, P R. China and Association of Corporate Counsel (ACC) held International Forum on Legal Risk Management of key SOEs in Beijing. Shuhe Huang assistant director have published a topic and emphasized to strengthen SOEs's law risk guard work..To avoid corporate legal risk reasonably and effectively, needs various aspects strength of the corporate to participate in together. Among, from accounting and audit to keep away the corporate legal risk is the essential important factors.This article embarks from the accounting perspective, proposes the related suggestions and the implementation plans to help corporations to avoid legal risk, searches for the effective way to avoid the corporate legal risk entirely. It hopes that this article can open the new ponder way take to avoid the corporate legal risk and makes certain contributions to the corporate legal risk's avoidance and guard.According to article structure, this article's main research content and innovation are as follows:The first part, by giving a summary of the conceptive elaboration to the corporate legal risk, and recapitulating the influence from corporate legal risk to the corporate and corporate accounting, has been indicated the relations about the corporate legal risk and accounting.The second part, has done the exhaustive research about the basic concepts of avoiding the corporate legal risk, for instance, the main body, the principle and so on, given a summary aboutthe legal contents which the corporate legal risk involved, and simultaneously, made a exhaustive research summary of the universal contents in the process of avoiding legal risk to the corporations.The third part, by analyzed the two illustrative cases about the corporate legal risk,"China National Offshore Oil corp. (Singapore)"and"China Life Insurance Company"in accounting perspective, had expounded the main research contents and the correlation influence factors conducted from the accounting perspective to the corporate law risk.The fourth part, as one of the important innovations, this article embarked from the accounting perspective, proposed from three aspects to carry on the research in avoiding the corporate law risk, which are the accounting information disclosed, internal accountant controlled and interior audits.The fifth part, as another important innovative spot, has studied the mechanism construction question about avoiding corporate legal risk in point of accounting, and unified the concrete case to carry on the reasonable construction about this mechanism.