Research On Fair Ddisclosure Of Accounting Information

Fair, just and open are important features and principles of effective functioning of stock market. Accounting information as an important component of stock market information is playing an increasingly important role. The role of accounting information is able to correctly evaluate the companies'operating results, financial situation and development prospects, and provides some early warning information for the investors. Investors are major players in the securities markets, and main accounting information demanders. Disclosure of accounting information is the main way for investors to understand the operation of investment companies, and is the contact of participants in the securities market. Disclosure of accounting information system is in order to protect the interests of investors, but in practice the rights and interests of investors often did not receive effective protection. Selective information disclosure and insider information are damaging investors equal right of access to information. In this paper, the author analyses the status of information disclosure, discusses disclosure of accounting information on the issue of fairness, and makes some relevant recommendations drawing on the experience of Regulation Fair Disclosure that was issued by the Securities and Exchange Commission of America..This article is divided into six chapters. Chapter I Introduction. Sets out background to the study, significance, research methods and ideas of the paper. Chapter II is the basic theories of fair accounting information disclosure. A brief description of the accounting information released by the disclosure of related concepts and information systems theory. Chapter III and IV combined with typical cases of accounting information disclosure to analyze the causes and impact of China's unfair treatment. Chapter V analyze the background and impact of Fair Disclosure Rules of the United States, and combine with China's current information disclosure system and the relevant provisions of comparison. The six chapter discuss on how to improve disclosure of accounting information in China, and make policy recommendations to explore the fairness.