Research On Accounting Policy Choice's Trait Of Listed Companies Engaging In Estate

The choice of accounting policies is a continuous action in enterprise's finance. And the appropriate accounting policies will directly impact on the quality of financual information and the correct decision of information users', then influence rational distribution of economic resource and sound development of the capital market. In china, the accounting system, whice fouces on Accounting Standards for Business Enterprises and Accounting Regulations for Business Enterprises, has offered business firms the power of choice and considerable room for choice, so it is necessary for firms to engage in the choice of accounting policies.In this paper, with the methods of theoretic analysis and empirical analysis, a series of studies on the traits choosing accounting policy of listed companies engaging in estate have been made, and some conclusions have been drawn.At first, concepts of the accounting policy and accounting policy choice that this paper studied has been defined. Then the paper introduces a kinds of theories about acounting policies choices, for instance, Contract Theory and Gaming Theory, to analyze the inevitability of the accounting policy choice theoretically and summarizes the influence which four theories produces in the firms' accounting policy choices. Through the analysis of ten kinds of accounting methods that listed companies choose, for exemple, inventory issued measure, equipment depreciation, allowance for bad debts, this paper means to discover the current situation of accounting policy, meanwhile, it will put forward the suggestion of improving aimed at the current sitution.